411 W Lake Lansing Rd $1,950,000

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    411 W Lake Lansing Rd East Lansing, MI 48823

    • 19,944 sq. ft.
    • Commercial Sale
    • MLS# 30765600
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    Views: 323 Days On Site: 106

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    Property Details

    Located on Lake Lansing Road, just West of Abbot and right in the heart of the City of East Lansing office district. This two building complex is fully leased to professional offices users. The property is located along side the Northern Tier Trail, a paved trail leading North to Abbot Road Park and south to neighborhoods and additional parks, making walking or biking to the office very convenient. The property has had a history of low vacancy, as its location makes it an obvious choice for those in East Lansing, Dewitt, Okemos and Haslett for ease of access. The single floor construction eliminates the need for elevators and multiple entrances allows for simple social distancing protocols should the need arise in the future. Parking is free and around each building for convenience. US 127 is just to the West and provides easy access to the entire Lansing area in minutes.

    • General Features
      • easements Ingress/Egress
      • Gross Building Size 19944
      • Property subtypes Office Building
      • Sale terms Cash to Seller
      • SqFt Available 19944
      • Transportation types Investment
      • Use types Professional Business Office
      • year built Flat
      • zoning PROFESSIONAL OFFICE
      • zoning description Central
    • Building Features
      • building name 2
      • Building status Existing
      • building stories 1988
      • Heat sources Package Unit
      • total buildings 1
      • visibility Good
    • Property Features
      • land size max 1.7
      • land size min 1.7
      • land size unit ACRE

    Contact

    Matthew Wisniewski

    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118

    Neighborhood

    48823 (East Lansing) Demographics

    24 Median Age
    2,275 Population Density (per sq. mile)
    73% College Educated
    $46,150 Estimated Median Income
    8,540 Estimated Total Home Owners
    11,406 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    51,469 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $265,000 Median Sales Price
    26 Homes Sold
    36 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: $1,950,000
        11/19/2021 4:30:24 AM Price Reduced Source: Multiple Listing Service New Value: $1,950,000 -6.25%
        10/6/2021 4:30:00 AM New in Database Source: Multiple Listing Service New Value: $2,080,000

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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.