125 Kalamazoo StLansing, MI 48933

Property Details for 125 Kalamazoo St

Year built

1930

Lot size

0.18 AC

Property size (Sq ft)

2,655 SF

Zone code

G-1 BUS

Property type

Office buildings

APN

33-01-01-16-405-181

APU

33010116405181

Description

This exceptional 1,385-square-foot commercial property, located at 125 E Kalamazoo St in Lansing, Michigan, presents a unique opportunity for businesses seeking a vibrant downtown location. The building is zoned commercial and offers a blend of traditional and creative office space, making it suitable for a variety of uses. The single-tenant occupancy ensures privacy and control. A significant advantage is the inclusion of five on-site parking spaces, a rare find in a bustling downtown area. The interior boasts a brand-new buildout, ready for immediate occupancy. Large storefront windows provide excellent natural light and visibility, enhancing the property's appeal. Its prime downtown location offers easy access to numerous restaurants and other businesses, fostering a thriving and convenient work environment. The property features no elevators. Utilities include power. The zip code is 48933. This is a truly remarkable opportunity to establish a presence in the heart of Lansing's dynamic commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $188,237

  6.5%

  $173,757

  7%

  $161,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $248,349

  Geo Method

  $248,349

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $487,083

  Retail / Commercial

  $221,389

  Mixed-Use / Specialty

  $198,232

  Hospitality / Lodging

  $116,315

  Institutional / Educational

  $198,087

  Residential Income

  $231,762

  Multifamily

  $401,966

  Automotive / Energy

  $169,789

  Parking / Income-Based Land

  $80,691.10

  Restaurant / Food Service

  $55,365.20

  Healthcare / Senior Housing

  $226,221

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7301

Longitude

-84.5511

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].