216 Grand River RdLaingsburg, MI 48848

Property Details for 216 Grand River Rd

Year built

1900

Lot size

0.06 AC

Property type

Commercial real estate

APN

022-40-010-014-00

APU

224001001400

Description

This exceptional investment opportunity presents a 2,200 square-foot vacant building located at 216 E Grand River Road Unit 216, Laingsburg, MI. Situated on a 0.06-acre lot, this property offers immense potential for redevelopment and customization to suit a variety of business needs. The spacious interior provides ample room for creative design and functional layout. This building is being offered for $149,900. A unique aspect of this offering is the option to purchase an adjacent, income-producing building (2300 square feet) as a package deal for a total price of $275,000. Acquiring both properties presents a significant advantage, allowing for immediate income generation from the existing rental property while simultaneously developing the vacant building. This dual-property acquisition strategy maximizes investment returns by combining passive income with the potential for substantial future growth. The location in Laingsburg, MI, offers access to local amenities and a growing market. This is a rare chance to secure a prime commercial property with significant upside potential, whether you choose to purchase the vacant building alone or as part of a larger portfolio. The possibilities are endless for this versatile space.

• Alternative Use

  Use

  Valuation

  Residential

  $512,199

  Hospitality

  $469,171

  Educational

  $390,345

  Medical

  $403,769

  Retail

  $607,203

Location Insight

City

Laingsburg

County

Shiawassee

State

Michigan

Latitude

42.8901

Longitude

-84.3509

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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