For Sale
$495,000

2510 Michigan Ave Lansing, MI 48912

High-traffic storefront, ample parking.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 1,778-5,778 square foot retail storefront at 2510 E Michigan Ave in Lansing, MI, presents a compelling investment opportunity. Built in 1959 and extensively renovated in 2018, this well-maintained property boasts 99 feet of frontage on a high-traffic section of Michigan Avenue, strategically positioned between Michigan State University and the state Capitol. The building currently operates as a fitness center, showcasing its adaptability to various retail uses. The substantial 10,835 square foot lot provides ample space, complemented by a convenient 25-space parking lot. The property benefits from its proximity to downtown Lansing, Frandor Shopping Center, and MSU, ensuring high visibility and accessibility. A new roof was installed in 2018, reflecting the commitment to maintaining the building's quality. This turnkey operation offers immediate income potential and significant long-term growth prospects. The asking price is $495,000. This is a rare opportunity to acquire a well-located, versatile retail space in a thriving Michigan market. The property is zoned for retail use and is ready for immediate occupancy.

Highlights

  • 99 feet of Michigan Avenue frontage.
  • Excellent location near Downtown, Frandor Shopping Center, and Michigan State University.
  • Currently configured as a fitness center.
  • On-site parking for 25 cars.
  • New roof installed in 2018.

Property Details for 2510 Michigan Ave

Property type
Retail properties, Retail space
Square Feet
1,778 SF
Year Built/Renovated
1959/2018

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.733321
Longitude
-84.5159427

FAQs

What type of property is this?
Retail property - High-traffic storefront, ample parking.
Where is the retail property located?
The property is located at 2510 Michigan Ave Lansing, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 99 feet of Michigan Avenue frontage.; Excellent location near Downtown, Frandor Shopping Center, and Michigan State University.; Currently configured as a fitness center.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2510 Michigan Ave
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