419 Spring StLansing, MI 48912

  • Industrial properties
  • 4,865 SF
For Sale
$799,000 View listing

Property Details for 419 Spring St

Year built
1954
Lot size
1.02 AC
Property size (Sq ft)
4,865 SF
Zone code
I HVY
Property type
Industrial properties
Property subtype
Other warehouses
APN
33-01-01-21-228-003
APU
33010121228003

Description

This exceptional 8,948 square foot flex/warehouse property, situated on a 1.022-acre lot in desirable Ingham County, presents a unique investment opportunity. Located on the Lansing River Trail & Grand River, with convenient access off Cedar Street and Hazel Street near downtown Lansing, MI, this Class B building offers a prime location for various businesses. Built in 1954 and renovated in 2005, the single-story structure boasts a 14-foot ceiling height and 300 feet of frontage. The property features three suites, with a minimum divisible space of 3,200 square feet and a maximum contiguous space of 4,940 square feet. Ample parking is provided with 46 total spaces. Currently configured as half office and half warehouse, the layout is adaptable to suit diverse needs, offering potential for expansion. The I HVY zoning allows for a wide range of uses. The seller is open to various transaction structures, including lease, lease-to-own, or outright sale, making this an attractive option for owner-occupied businesses. The property's two separate parking lots further enhance its appeal. APN: 33-01-01-21-228-003.

419 Spring St, Lansing, Michigan

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7245
Longitude
-84.546
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,920
$32,000
$173,200
$205,200
-
$64,000
$346,400
$410,400

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