For Sale
$975,000

1720 Abbey RdEast Lansing, MI 48823

8,880 SF Medical/Office Building, $975K

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 8,880-square-foot Class B office building, situated on a 1.08-acre lot in East Lansing, Michigan (48823), presents a compelling investment opportunity. Built in 1999, the single-story structure features 36 parking spaces and is zoned B4. Currently configured as a multi-tenant property, it includes one tenant with a lease expiring April 30, 2024. Suite A, comprising 6,356 square feet, is available for lease and boasts a spacious reception area, a minimum of 14 treatment rooms, several private offices, and a large training room (20.6 x 45.9 feet). The building's layout is adaptable to suit various tenant needs. The property benefits from a prime location off West Road and the Coleman Road extension, near the bustling Lake Lansing corridor, and enjoys high visibility with monument and building signage opportunities. Nearby businesses include MSUFCU headquarters, Set Seg, and Green Stone Farm Credit Services. Recent improvements include refreshed building aesthetics, parking lot resurfacing, and landscaping enhancements. The asking price is $975,000, translating to $109.80 per square foot. This owner-user investment offers significant potential for both immediate income and long-term growth. The property's APN is 33-20-01-02-251-102.

Highlights

  • Strong long-term lease in Suite C (through 2034).
  • Excellent location near MSUFCU, Green Stone Farm Credit, and other major businesses in the Lake Lansing corridor.
  • High visibility at West Road and Coleman Road extension.
  • Monument and building signage opportunities.
  • Recently updated building, parking lot, and landscaping.

Property Details for 1720 Abbey Rd

Property type
Office properties, Medical offices
Square Feet
8,880 SF
Class
B
Year Built
1999
Buildings
1
Stories
1
Lot Size (sq. ft)
47,045 SF

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7657341
Longitude
-84.4961151
1720 Abbey Rd, East Lansing, Michigan

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1720 Abbey Rd
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