827 W Saginaw St - Storefront FOR SALE


Lansing, MI 48915- Downtown Lansing
$378,000 USD
248-646-8416
827 W Saginaw St, Lansing, MI for Sale
$378,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

827 W Saginaw St
Lansing, MI 48915
Downtown Lansing


OVERVIEW

Investor’s dream in a prime Lansing location! This rare opportunity includes high-visibility corner property at W. Saginaw and N. Butler in a high-traffic area just blocks from the State Capitol, within a designated Brownfield Redevelopment zone and zoned C-1 for commercial/residential use. Formerly home to Shanora’s Beauty/Barber Supply for over 40 years, the building also featured Lansing’s first 2-story, 40-foot mural. Across from the new Moneyball Sportswear Headquarters and A Touch of Tint, this property is perfectly positioned in a thriving business corridor. The sale includes a mixed-use building with two separate units (upstairs residential, downstairs originally commercial and converted to an apartment includes adjacent parking lot and an additional vacant lot Updates include new landscaping, a new boiler, and a new roof. This is a versatile and high-potential investment that won’t last long!

FOR SALE DETAILS

PRICE

$378,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

01-01-17-227-321

ASK ABOUT THIS PROPERTY

Andrew KonopadaRE/MAX ClassicMore Info
248-646-8416

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Andrew KonopadaRE/MAX ClassicMore Info
248-646-8416

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