3137-3145 S. Pennsylvania Ave Lansing, Michigan

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Summary

  • Leasable 1,000 - 2,500 SF
  • Sale Price $319,000
  • Property Type Office, Retail
  • Building Class C
  • Building Size 7,222 SF
  • Lot Size 0.23 Acres
  • Year Built 1964
  • Zoning G-1
  • APN 33-01-01-27-358-021 & 031
  • Lease Rate $8 - $10/SF/Year

Overview

Available for Sale

Introducing an exceptional retail opportunity in Lansing, MI. This 7,222 SF building, featuring 5 units, presents a prime investment in a sought-after location. Renovated in 2021, the property combines modern updates with a classic charm, offering a versatile space for retail businesses to thrive. Zoned G-1 and boasting a 35% occupancy, this property presents an attractive potential for immediate income generation and future expansion. With a strong foundation and strategic positioning, this property is poised to deliver a compelling return on investment for retail and street retail investors seeking a property with solid leasing opportunities and growth potential.

Available for Lease

Presenting an extraordinary leasing opportunity on S. Pennsylvania Ave in Lansing, MI. With three distinct suites available, offering 2,250 SF, 1,000 SF, and 2,500 SF respectively, this property provides flexible options for a range of businesses. The strategic location, less than 2 miles south of the I-496 intersection, ensures high visibility with over 12,000 vehicles passing daily. A total of 24 front parking spaces are allocated, providing convenience for both tenants and customers. The option to combine suites further enhances the appeal of this prime retail space, making it an ideal choice for businesses seeking a prominent and adaptable location to thrive.

Location Overview

Located in the heart of Lansing, this vibrant area offers a perfect balance of work and leisure. Within close proximity to the property, you'll find a variety of restaurants, cafes, and shops, catering to every taste. For those seeking entertainment, notable attractions such as the Potter Park Zoo and the Michigan History Center are just a stone's throw away, providing a convenient escape during lunch breaks or after work. Additionally, the area boasts easy access to major transportation routes, granting seamless connectivity for your business and employees. Embrace the dynamic energy of Lansing and discover the potential waiting at this prime location for your future office or office condo.

 

  • 7,222 SF building
  • 5 units
  • Built in 1964
  • Renovated in 2021
  • Zoned G-1
  • Located in the Lansing area
  • 35% occupancy
  • Three suites available
  • 3139 - 2,250 SF
  • 3143 - 1,000 SF
  • 3145 - 2,500 SF
  • Suites can be combined
  • 24 suite-front parking spaces
  • Less than 2 miles south of I-496 intersection
  • Over 12,000 VPD on S Pennsylvania Ave

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Availabilities

3 floor plans
Unit 3139 3139
2,250 SF Available
Unit 3143 3143
1,000 SF Available
Unit 3145 3145
2,500 SF Available

Brokerage Team

avatar

Gino Baldino

Commercial Advisor
NAI Mid-Michigan
5172022137 +15174879222 gbaldino@naimidmichigan.com

Interested? Contact us at:

3137-3145 S. Pennsylvania Ave
 

Phone
517-487-9222
Address

2149 Jolly Rd # 200

Okemos, MI 48864