$400,000
Est. payment /mo
2,800 SqFt
Price Dropped by $130K
827 W SAGINAW Street Lansing, MI 48915 1962
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $142
Subdivision Mi
MLS Listing ID 60392728
Annual Tax Amount $4,683
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 96 x 150
Property Sub-Type Commercial/Industrial
Property Description
Investor's dream in a prime Lansing location! This rare opportunity includes high-visibility corner property at W. Saginaw and N. Butler in a high-traffic area just blocks from the State Capitol, within a designated Brownfield Redevelopment zone and zoned C-1 for commercial/residential use. Formerly home to Shanora's Beauty/Barber Supply for over 40 years, the building also featured Lansing's first 2-story, 40-foot mural. Across from the new Moneyball Sportswear Headquarters and A Touch of Tint, this property is perfectly positioned in a thriving business corridor. The sale includes a mixed-use building with two separate units (upstairs residential, downstairs originally commercial and converted to an apartment includes adjacent parking lot and an additional vacant lot Updates include new landscaping, a new boiler, and a new roof. This is a versatile and high-potential investment that won't last long!
Location
State MI
County Ingham
Area Lansing (33021)
Zoning Commercial
Interior
Heating Hot Water
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Classic