3405 N East St $475,000

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    3405 N East St Lansing, MI 48906

    • 8,000 sq. ft.
    • Commercial Sale
    • MLS# 30762389
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    Views: 227 Days On Site: 121

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    Property Details

    This fully leased retail investment is located in North Lansing and has flexible G2 Wholesale zoning. The property produces gross rents of $60,000 per year and is a 9 Cap at asking price. Adjacent land to the north is included in the asking price.

    • General Features
      • Gross Building Size 8000
      • Property subtypes Street Retail,Vehicle Related
      • Sale terms Cash to Seller
      • Transportation types Investment
    • Building Features
      • Building status Existing
      • visibility Excellent
    • Property Features
      • land size max 0.481
      • land size min 0.481
      • land size unit ACRE

    Contact

    Matthew Wisniewski

    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118

    Neighborhood

    48906 (Lansing) Demographics

    37 Median Age
    786 Population Density (per sq. mile)
    31% College Educated
    $47,450 Estimated Median Income
    7,081 Estimated Total Home Owners
    3,494 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,391 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $107,000 Median Sales Price
    26 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $475,000
        9/21/2021 4:30:00 AM New in Database Source: Multiple Listing Service New Value: $475,000

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        The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2022 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.