101 Laing StLaingsburg, MI 48848
- Commercial real estate
- 0.07 AC
Property Details for 101 Laing St
- Year built
- 1920
- Lot size
- 0.07 AC
- Property type
- Commercial real estate
- APN
- 022-42-002-001-00
- APU
- 224200200100
Description
This exceptional commercial building at 101 N. Laing Street in Laingsburg, MI presents a rare investment opportunity. Spanning 2,552 square feet on a 0.07-acre lot, this C-1 zoned property offers immense potential for various commercial uses. The building boasts a main floor with two open areas ideal for business operations, featuring an 8-foot overhead door, a small office, and closet space. A covered entrance leads to a second floor with high ceilings and significant unfinished space ready for development. The third floor is entirely open, providing a blank canvas for customized build-outs. Recent improvements include a new parking lot created by demolishing an adjacent structure (118 Crum), a privacy fence, new windows, a newer (though unused) pressure tank, structural reinforcements, electrical upgrades (including a 200-amp panel), masonry work, new siding, and exterior painting. The building's location offers convenient highway access and proximity to downtown amenities. While the gas meter has been removed and city sewer is available but not currently connected, the property's substantial size and flexible zoning make it an attractive prospect. Further information regarding potential housing development grants and zoning regulations can be obtained directly from the City of Laingsburg. Detailed development plans and tax increment financing information are available upon request. The sale includes the building and the adjacent parking lot. This is a truly unique opportunity to acquire a versatile commercial property in a thriving downtown location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $597,434
- Hospitality
- $547,247
- Educational
- $455,303
- Medical
- $470,961
- Retail
- $708,249
Location Insight
- City
- Laingsburg
- County
- Shiawassee
- State
- Michigan
- Latitude
- 42.8914
- Longitude
- -84.3519
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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