3850 Circle DrLansing, MI 48911

Property Details for 3850 Circle Dr

Property size (Sq ft)

8,360 SF

Property type

Warehouses

Property subtype

Office properties

Description

This exceptional 8,360-square-foot property at 3850 Circle Drive in Lansing, Michigan, presents a unique investment opportunity. The building is zoned H-Light Industrial and features a blend of executive office space and warehouse facilities, making it ideal for a variety of uses. Currently entirely vacant, the property offers immediate occupancy. A significant advantage is the inclusion of a substantial fenced-in outside storage area, providing ample space for equipment or materials. The 0.77-acre lot provides ample room for expansion or additional development. The sale includes a leasehold estate with the Capital Region Airport Authority (CRAA), with an annual lease payment of approximately $9,435, or roughly $786 per month. While the seller is seeking an aviation-related use for a lease or purchase, other uses may be considered. The long-term ground lease with the CRAA may require extension depending on the intended use. This property is located in Lansing, MI, 48911, and offers a compelling combination of office, warehouse, and outdoor storage space, making it an attractive option for businesses seeking a versatile and strategically located facility. The property's size and location near the Capital Region Airport Authority present significant potential for growth and development. Serious inquiries are encouraged.

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7842

Longitude

-84.5746

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