For Lease
$12/SF/YR

107-109 Allegan StLansing, MI 48933

Prime Location, High-Traffic Area, Turnkey Opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 5,632 square foot restaurant space, located in the heart of Downtown Lansing, presents a unique investment opportunity. Built in 1929 and renovated in 2003, the property features a spacious dining area ideal for a variety of restaurant concepts. The existing layout includes a well-equipped kitchen boasting a 15-foot hood, a large walk-in freezer, ample prep space, and a dedicated drink fill station. A separate bar area and restrooms are also included. Currently, 4,091 square feet are vacant, offering significant potential for customization and expansion. The property's prime location on Allegan Street, between South Washington Square and Grand Avenue, ensures high visibility and foot traffic. Its proximity to the State Capitol, government offices, university buildings, and numerous other businesses guarantees a steady stream of potential customers. Convenient street parking is readily available, with the South Grand Parking lot just a block away. This turnkey restaurant space is ready for immediate occupancy and offers an unparalleled chance to establish a thriving business in a vibrant and dynamic downtown setting. The property's APN is 33-01-01-16-401-106.

Highlights

  • 5,632 SF restaurant/retail space in a single-tenant building.
  • 4,091 SF currently vacant.
  • Built in 1929, renovated in 2003.
  • Located in Downtown Lansing on Allegan St, near the State Capitol and ample parking.
  • Features a large dining area, bar, restrooms, kitchen with a 15' hood, walk-in freezer, and prep space.
  • APN: 33-01-01-16-401-106

Property Details for 107-109 Allegan St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,632 SF
Year Built/Renovated
1929/2003

Unit(s) available at that property

Space
Size
4,091 SF
Rate per SF
$12

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.73256974161
Longitude
-84.551644424805
107-109 Allegan St, Lansing, Michigan

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FAQs

What type of property is this?
Retail property - Prime Location, High-Traffic Area, Turnkey Opportunity
Where is the retail property located?
The property is located at 107-109 Allegan St Lansing, MI.
What is the lease rate?
The lease rate is $12/SF/YR.
What are key features of this property?
This property features: 5,632 SF restaurant/retail space in a single-tenant building.; 4,091 SF currently vacant.; Built in 1929, renovated in 2003.
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.
How do I access a private listing?
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Contacts

Todd Kosta
Todd Kosta
Visit Broker Website

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Allegan St
Lansing, MI 48933

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Allegan St
Lansing, MI 48933

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

107-109 Allegan St
  • Todd Kosta
    Todd Kosta
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