1100 W Saginaw Street PS Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48915
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 44,730 sqft
Price per Sqft $44
MLS Listing ID 65024063389
Year Built 1965
Annual Tax Amount $73,575
Lot Size 0.680 Acres
Property Sub-Type Business And Real Estate
Property Description
Mixed-use six-story professional services or multi-family building located on a busy intersection and right next to University of Michigan Health - Sparrow campus and close proximity to Michigan State capitol, Michigan State University, and both 496 and 127 expressways. Each floor contains multiple suites that can be modified and built-to-suit for new tenants. 44,730 total sqft and 42 parking spaces. Investment opportunity to build equity and renovate to attract new class-a tenants or convert to multi-family using the ''Institutional'' zoning designation. Two additional parking lot parcels to the west and north are available for sale and would add an additional 88 parking spaces and almost an acre of land.
Location
State MI
County Ingham
Area Lansing
Zoning Other
Interior
Heating Forced Air,Central Air
Exterior
Utilities Available Elevator,Fire Sprinkler
Roof Type Rubber
Building
Foundation Partial Basement
Sewer Public Sewer (Sewer-Sanitary),Storm Drain
Water Public (Municipal)
Structure Type Block,Other,Steel,Stone,Stucco
Schools
School District Lansing
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Unknown/Data Share Listings