1433 Michigan Ave Lansing, MI 48912

This 5,747 square foot medical office building, situated on a 0.56-acre lot in Lansing, Michigan, presents a compelling investment opportunity. Currently vacant, the property offers significant redevelopment potential or immediate occupancy. The building, constructed in 1983, features a central atrium with a decorative fountain, serving as an additional waiting area. The layout comprises four suites: two 2,800 square foot suites (A & B), each including an x-ray room and exam/lab rooms, and two 1,400 square foot suites (C & D). Suites C and D are easily combinable. The property boasts 36 parking spaces, convenient access from Michigan Avenue and a rear alleyway to Custer Avenue, ensuring high visibility and accessibility. The F-1 COM zoning allows for a variety of uses. Existing building signage offers additional marketing potential. The property's location near Sparrow Hospital, Fabiano Candies, and Soup Spoon Cafe provides excellent visibility and proximity to key amenities. The asking price is $599,000, translating to $104.23 per square foot of net rentable space (5,600 sq ft). This property is an ideal owner-occupier building or a promising redevelopment project in a thriving Lansing location. The APN is 33-01-01-15-259-122.