500 E Thomas St - Schools FOR SALE


Lansing, MI 48906- Creston Area
$649,971 USD
517-977-6087
500 E Thomas St, Lansing, MI for Sale
$649,971 USD
Schools - FOR SALE
1/14
null | Request Cap Rate

500 E Thomas St
Lansing, MI 48906
Creston Area


HIGHLIGHTS

  • Easy access to I-69, I-96, and local arterial routes for regional connectivity.
  • Within close proximity to Capital Region International Airport and rail transport.
  • Positioned near established business corridors and residential neighborhoods.

OVERVIEW

An INVESTORS dream!!!!! Offering a completely remodeled auditorium that seats 1400, a completely remodeled gymnasium, an Olympic size swimming pool the possibilities are endless. As a community center, entertainment training facility, you can't go wrong. Although much work is needed, building is being sold as is.; Building1 Description: main building classrooms This Lansing property offers a rare opportunity for buyers seeking a versatile asset in Michigan’s capital area. Spanning over nine acres with an existing structure of roughly 14,400 SF, the site’s former institutional use provides flexible redevelopment options. Situated with easy access to downtown Lansing and proximate to major thoroughfares such as I-69 and I-96, the location ensures excellent connectivity for future business operations or adaptive reuse.

FOR SALE DETAILS

PRICE

$649,971 USD

PRICE/SF

$3 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.22 AC

LAND SF

401,608 SF

ZONING

-

APN/PARCEL ID

01-01-04-477-002

ASK ABOUT THIS PROPERTY

Thomas BeardBrokers RealtyMore Info
517-977-6087

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Thomas BeardBrokers RealtyMore Info
517-977-6087

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