2600 Cedar StLansing, MI 48910

Property Details for 2600 Cedar St

Year built

1976

Lot size

0.57 AC

Property size (Sq ft)

5,200 SF

Zone code

F COMM

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

33-01-01-28-403-153

APU

33010128403153

Description

This exceptional retail opportunity is located at 2600 S Cedar St, Lansing, MI 48910, in Ingham County. The property is a single-suite, 5,200 square foot building with a currently vacant 960 square foot retail space. This suite is ideally situated adjacent to a Quality Dairy, ensuring high visibility and foot traffic in a bustling commercial area. The property's street retail location on a high-traffic thoroughfare guarantees excellent exposure for your business. The property type is classified as Commercial Street Retail, making it perfect for a variety of businesses. The building is categorized as having multiple tenancies, although only one suite is currently available. This presents a unique chance to establish a strong presence in a thriving Lansing neighborhood. The property's convenient location and high visibility make it an attractive investment for businesses seeking a prime retail space with significant potential for growth. The available space offers ample room for customization to suit your specific business needs. Don't miss this opportunity to secure a prominent retail location in a high-demand area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $478,193

  6.5%

  $441,409

  7%

  $409,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,225,748

  Geo Method

  $1,225,748

• Alternative Use

  Use

  Valuation

  Residential

  $372,345

  Hospitality

  $341,066

  Educational

  $283,763

  Medical

  $293,522

  Retail

  $441,409

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7048

Longitude

-84.5484

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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