For Sale
$5,250,000

2300 Lake Lansing RdLansing, MI 48912

7+ Acres, 23,000 SF, Mixed-Use

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 23,000 square foot mixed-use property, located at 2300 Lake Lansing Road in Lansing, Michigan, presents a prime redevelopment opportunity. Situated on a substantial 7.41-acre lot, this Class B building boasts a 100% occupancy rate with a single tenant and a modified lease in place. The property, built in 2000, currently functions as a restaurant, storefront, and apartment building, offering significant versatility for future development. Its strategic location on Lake Lansing Road, between US-127 and Wood Street, ensures high visibility and accessibility within a thriving commercial district. The property's zoning is commercial, allowing for a wide range of redevelopment possibilities. The asking price is $5,250,000, translating to $228.26 per square foot. The property's APN is 33-21-01-02-302-009, 33-21-01-02-327-009, 33-21-01-02-302-010 and 33-21-01-02-327-011. This owner-user investment presents a unique chance to reshape a key location in Lansing Township's burgeoning retail corridor. The surrounding area features numerous businesses, offices, and residential complexes, guaranteeing a consistent flow of potential customers. This is an ideal location for a retail venture seeking high visibility and strong foot traffic.

Highlights

  • $5,250,000 asking price for a mixed-use property.
  • 23,000 square feet, 100% occupied, with a price per square foot of $228.26.
  • Located at 2300 Lake Lansing Rd, Lansing, MI 48912, on a 7.41-acre lot.
  • Features a restaurant, storefront, and apartment building; B Class building, built in 2000.
  • Modified lease, single tenant, with Commercial zoning.

Property Details for 2300 Lake Lansing Rd

Property type
Retail properties, Restaurants
Square Feet
23,000 SF
Class
B
Year Built
2000
Lot Size (sq. ft)
322,780 SF

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7594286
Longitude
-84.5185321
2300 Lake Lansing Rd, Lansing, Michigan

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2300 Lake Lansing Rd
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