3850 Capital City Blvd - Specialty FOR SALE


Lansing, MI 48906
$400,000 USD
616-774-3500
3850 Capital City Blvd, Lansing, MI for Sale
$400,000 USD
Specialty - FOR SALE
1/8
null | Request Cap Rate

3850 Capital City Blvd
Lansing, MI 48906


OVERVIEW

Outside Fenced-in Storage Sale Includes Leasehold Estate with Capital Region Airport Authority (CRAA) Annual lease payment of +/- $9,435 or $786/month Situated on 0.77 Acres Zoning: H-Light Industrial Seeking an “Aviation related use” for a lease or purchase of the property Aviation related use will most likely be required to extend the long-term ground lease with the Capital Region Airport Authority Hangar/Warehouse: 5,760 SF (72’8” x 80’) Steel Construction Built in 1968 Fully Insulated (2) Suspended Gas Heating Units 19’ Ceiling Clearance (1) 14’ x 12’ Grade Level Door With Electric Opener 6” Cement Floors (1) 15’9” High x 71” Wide Hanger Door Clearance Access To Exterior Gated Parking/Storage Area Office: 2,600 SF Block Construction Built in 1966 Heating and Air Conditioning Throughout Private Entrance (5) Offices; Conference Room; Kitchenette; Reception Area; (2) Single Stall Restrooms

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

H-Light Industrial

APN/PARCEL ID

19-05-83-17-010-801,19-05-83-19-052-801

ASK ABOUT THIS PROPERTY

Julie O'BrienColliersMore Info
616-774-3500

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Julie O'BrienColliersMore Info
616-774-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.