1100 W Saginaw Street MF Active

Lansing,MI 48915

$ 1999000

0 Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025010829

Year Built 1965

Annual Tax Amount $73,575

Lot Size 0.680 Acres

Property 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.

Location

State MI

County Ingham

Area Lansing

Zoning Other

Interior

Heating Forced Air

Cooling Central Air

Exterior

Garage Spaces 42.0

Roof Type Rubber

Building

Sewer Public Sewer (Sewer-Sanitary),Storm Drain

Water Public (Municipal)

Structure Type Other,Stucco

Schools

School District Lansing

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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