For Sale
$700,000

3151 Coleman RdEast Lansing, MI 48823

3.95 Acres, Mixed-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 3.95-acre commercial land parcel, identified as Parcels A & B, presents a remarkable investment opportunity in East Lansing, Michigan. Strategically located at 3151 East Coleman Road, 48823, near the intersection of Coolidge and Coleman Roads, this property enjoys a prime position in Ingham County. The site is ideally situated for a variety of commercial and mixed-use developments, benefiting from its proximity to the planned Coleman Road extension, providing convenient access to Eastwood Towne Center. The property's zoning is R3 (Single-Family and Two-Family Residential) for Parcels A & B, offering flexibility for development. All utilities are readily available on-site, simplifying the construction process. The location boasts exceptional accessibility, with several thousand residential units within a one-mile radius, ensuring a strong potential customer base. Furthermore, the area offers convenient access to a range of amenities, including hotels and restaurants. This property is a short distance from the MSU Federal Credit Union headquarters, adding to its appeal and potential for future growth. The master plan envisions commercial and mixed-use development, making this a truly unique opportunity for investors seeking a high-growth potential location. This is a rare chance to acquire a substantial land parcel in a thriving East Lansing location with significant development potential.

Highlights

  • 3.95-acre commercial land parcel in East Lansing, MI.
  • Located at 3151 East Coleman Road, near Coolidge and Coleman Roads intersection.
  • Zoned R3 (Single-Family and Two-Family Residential), offering development flexibility.
  • Utilities readily available on-site.
  • Strong potential customer base with thousands of residential units within one mile.
  • Close proximity to Eastwood Towne Center and MSU Federal Credit Union.

Property Details for 3151 Coleman Rd

Property type
Land
Lot Size (sq. ft)
172,062 SF

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7723291
Longitude
-84.4814436
3151 Coleman Rd, East Lansing, Michigan

FAQs

What type of property is this?
Land - 3.95 Acres, Mixed-Use Potential
Where is the land located?
The property is located at 3151 Coleman Rd East Lansing, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3.95-acre commercial land parcel in East Lansing, MI.; Located at 3151 East Coleman Road, near Coolidge and Coleman Roads intersection.; Zoned R3 (Single-Family and Two-Family Residential), offering development flexibility.
How can I contact the broker?
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3151 Coleman Rd
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