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1060 Trowbridge Rd 7,975 SF 100% Leased Retail Building East Lansing, MI 48823 $1,829,100 CAD ($229.35 CAD/SF)
Executive Summary
Excellent 8,0009(+/-) square foot retail center offering tremendous upside for a new owner or owner occupant. The current tenant occupies the entire building and will be vacating, giving the new owner the flexibility to reconfigure the property and select new tenants. This is an ideal opportunity for a restaurant operator to relocate their business into a portion of the building while leasing the remaining spaces for additional income. Located near Starbucks, Marriott, Michigan State University, Taco Bell, and a well known local market. The property benefits from high traffic counts, outstanding demographics, strong visibility, and excellent long term investment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,975 SF
Building Class
B
Year Built
1966
Price
$1,829,100 CAD
Price Per SF
$229.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.37 AC
Zoning
Commercial - Commercial Zoned Property
Frontage
150’ on Trowbridge Rd
Amenities
- Bus Line
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-01-24-122-027 | Improvements Assessment | $308,133 CAD |
| Land Assessment | $95,254 CAD | Total Assessment | $403,387 CAD |
Property Taxes
Parcel Number
20-01-24-122-027
Land Assessment
$95,254 CAD
Improvements Assessment
$308,133 CAD
Total Assessment
$403,387 CAD
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1060 Trowbridge Rd
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