For Sale
$3,000,000

603 Michigan AveLansing, MI 48912

Prime Lansing location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional redevelopment opportunity encompasses three parcels totaling 20,444 square feet, strategically located in Lansing, Michigan, near the city's newest downtown developments. Boasting 132 feet of frontage on Michigan Avenue, this mixed-use property presents a unique blend of commercial space and apartments. The property is currently vacant, offering a blank canvas for a visionary investor. Individual building sizes are substantial, with 603 E. Michigan Ave at 3,432 square feet, 605 E. Michigan Ave at 3,564 square feet, and 607 E. Michigan Ave comprising 13,448 square feet. The asking price is $3,000,000, translating to $146.74 per square foot. This Class C property, with a Modified Lease type and Single Tenancy, presents a compelling investment opportunity in a rapidly evolving urban core. The property's location in Ingham County, with addresses at 603, 605, and 607 E. Michigan Ave, Lansing, MI 48912, ensures easy access to key amenities and transportation routes. The substantial square footage and prime location make this an ideal project for adaptive reuse or new construction, catering to the growing demand for commercial and residential spaces in downtown Lansing. This is a rare chance to acquire a significant footprint in a revitalizing area with substantial upside potential. The property is designated as an investment or redevelopment opportunity and is ready for an investor to bring their vision to life.

Highlights

  • $3,000,000 asking price for a vacant, 20,444 square foot mixed-use office redevelopment opportunity.
  • 132 feet of frontage on Michigan Avenue in Lansing, MI.
  • Three parcels totaling 20,444 square feet, comprised of 3,432 SF, 3,564 SF, and 13,448 SF buildings.
  • Located near Lansing's newest downtown developments.
  • Combination of commercial space and apartments.

Property Details for 603 Michigan Ave

Property type
Office properties
Square Feet
20,444 SF
Class
C

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.73357033
Longitude
-84.54432515
603 Michigan Ave, Lansing, Michigan

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603 Michigan Ave
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