Description
Mixed-use six-story professional services or multi-family building located on a busy intersection and right next to university of michigan health - sparrow campus and close proximity to michigan state capitol, michigan state university, and both 496 and 127 expressways. each floor contains multiple suites that can be modified and built-to-suit for new tenants. 44,730 total sqft and 42 parking spaces. investment opportunity to build equity and renovate to attract new class-a tenants or convert to multi-family using the ''institutional'' zoning designation. two additional parking lot parcels to the west and north are available for sale and would add an additional 88 parking spaces and almost an acre of land.
Property Type
MultifamilyCounty
InghamStyle
MultifamilyAD ID
49018490
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Property Details
-
Interior Features
Interior Features
- Cable Available
- Roof : Rubber
Heating & Cooling
- Cooling: Central Air
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1965
- Roof: Rubber
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Storm Drain
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.68
- Dimensions: 138x224
Property Information
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $1,999,000
Listing Information
- Legal Description: BEG ON W LN OF LOGAN ST N 01 DEG 19' 25'' W 12.00 FT FROM THE NW COR OF LOGAN ST & SAGINAW ST, SD COR ALSO BEING SE CORNER OF BLOCK 1 OF MCPHERSON'S SAGINAW STREET ON SE 1/4 OF SEC 8, T4N R2W, CITY OF LANSING, INGHAM COUNTY, MICHIGAN; N 01 DEG 19' 25'' W 188 FT; S 89 DEG 58' 30'' W 142.97 FT; S 00 DEG 01' 30'' E 199.95 FT; N 89 DEG 58' 30'' E 135.50 FT; N 44 DEG 19' 30'' E 16.78 FT TO POB BEING AL
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Taxes / Assessments
Tax Information
- Annual Tax: $73,575
- Parcel Number: 33010108458372
Legal Information
- Legal Description: Section: BEG ON W LN OF LOGAN ST N 01 DEG 19' 25'' W 12.00 FT FROM THE NW COR OF LOGAN ST & SAGINAW ST, SD COR ALSO BEING SE CORNER OF BLOCK 1 OF MCPHERSON'S SAGINAW STREET ON SE 1/4 OF SEC 8, T4N R2W, CITY OF LANSING, INGHAM COUNTY, MICHIGAN; N 01 DEG 19' 25'' W 188 FT; S 89 DEG 58' 30'' W 142.97 FT; S 00 DEG 01' 30'' E 199.95 FT; N 89 DEG 58' 30'' E 135.50 FT; N 44 DEG 19' 30'' E 16.78 FT TO POB BEING AL
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 42
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary),Storm Drain
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BuyOwner last updated this listing 03/31/2025 @ 11:47
- MLS: 624392215
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lansing , in zip code 48915, this Ingham County Multifamily and are nearby neighborhoods.