1433 Michigan AveLansing, MI 48912

Property Details for 1433 Michigan Ave

Year built

1983

Lot size

0.56 AC

Property size (Sq ft)

5,747 SF

Property type

Other commercial real estate

Property subtype

Other office properties

Description

This 5,747 square foot medical office building, situated on a 0.56-acre lot in Lansing, Michigan, presents a compelling investment opportunity. Currently vacant, the property offers significant redevelopment potential or immediate occupancy. The building, constructed in 1983, features a central atrium with a decorative fountain, serving as an additional waiting area. The layout comprises four suites: two 2,800 square foot suites (A & B), each including an x-ray room and exam/lab rooms, and two 1,400 square foot suites (C & D). Suites C and D are easily combinable. The property boasts 36 parking spaces, convenient access from Michigan Avenue and a rear alleyway to Custer Avenue, ensuring high visibility and accessibility. The F-1 COM zoning allows for a variety of uses. Existing building signage offers additional marketing potential. The property's location near Sparrow Hospital, Fabiano Candies, and Soup Spoon Cafe provides excellent visibility and proximity to key amenities. The asking price is $599,000, translating to $104.23 per square foot of net rentable space (5,600 sq ft). This property is an ideal owner-occupier building or a promising redevelopment project in a thriving Lansing location. The APN is 33-01-01-15-259-122.

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7335

Longitude

-84.5298

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