2350 Cedar StHolt, MI 48842

Property Details for 2350 Cedar St

Year built

2007

Lot size

1.54 AC

Property size (Sq ft)

2,873 SF

Zone code

C-3

Property type

Drive through restaurants

APN

33-25-05-15-277-024

APU

33250515277024

Description

This exceptional 2,810 square foot restaurant space is available for lease at 2350 Cedar Street in Holt, Michigan. Located in Ingham County, this single-tenant property sits on a generous 1.54-acre lot, providing ample space and visibility. The building offers a total of 2,810 square feet of entirely vacant space, ready for immediate occupancy and customization to suit a new tenant's needs. The property boasts 39 parking spaces, ensuring convenient access for customers and staff. The property's location in Holt, MI, zip code 48842, offers excellent access to local traffic and provides a strong foundation for a thriving restaurant business. The property type is classified as retail, specifically designed for restaurant use. This presents a unique opportunity for a restaurant operator seeking a well-situated, spacious, and ready-to-occupy location in a desirable area. The entire building is available, allowing for complete design and layout flexibility. With its substantial lot size and ample parking, this property offers significant advantages over comparable spaces. The property is currently listed for lease and is ready for a new tenant to establish their business. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $264,202

  6.5%

  $243,878

  7%

  $226,459

• Comparable approach

  Method

  Valuation

  Relative Method

  $677,226

  Geo Method

  $677,226

• Alternative Use

  Use

  Valuation

  Residential

  $205,721

  Hospitality

  $188,439

  Educational

  $156,779

  Medical

  $162,171

  Retail

  $243,878

Location Insight

City

Holt

County

Ingham

State

Michigan

Latitude

42.6504

Longitude

-84.527

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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