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Investment Highlights

  • The property makes a great investment for someone looking for a value-add investment, office space as an owner/user or multi-family redevelopment!

Executive Summary

Located 1 mile from the Michigan State Capitol, this medical office building benefits from being near busy downtown Lansing. The property makes a great investment for someone looking for a value-add investment, office space as an owner/user or multi-family redevelopment. I-496 is 1 mile from the property which easily connects the building to area freeways: I-96, I-69 and US-127, and there is prominent monument signage at the hard, lighted corner of West Saginaw Street and North MLK Junior Boulevard.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
47,664 SF
Building Class
B
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
7,944 SF
Building FAR
1.68
Lot Size
0.65 AC
Zoning
INST-2 - INST-2; Urban Institutional
Parking
42 Spaces (0.88 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Security System
  • Signage
  • Energy Performance Rating - B
  • Storage Space
  • Basement
  • Central Heating
  • Natural Light
  • Recessed Lighting
  • Wi-Fi
  • Monument Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

In 2004, after years of providing medical care for families in the semi-rural community of Mason, Michigan, Dr. Barry Saltman and his Nurse Practitioner wife, Suzanne, thought they would like to pay back the community for the years of support they enjoyed during their careers. They thought perhaps they might identify people who were without insurance. As word spread, they were overwhelmed with the community’s need and decided to forego retirement to address it.

  • Retailer
  • -
  • -
  • -
  • -

Local pharmacy located in Lansing, Michigan founded in 2017.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Here at Katranji Hand Center in East Lansing, they provide their patients with extraordinary medical care as they treat a wide variety of orthopedic hand disorders, such as sports injuries, carpal tunnel, hand and wrist injuries, wound care, sprains, automobile injuries, casting, and many others. Their individualized treatment plans are based upon a collaborative effort between their patients and experienced physicians. This joint decision-making allows them to provide the most effective and appropriate care to each patient. They use the hand to be able to communicate, show affection, work, play, and touch the world. Helping patients hand, wrist, elbow, and arm to accomplish those tasks is their mission. The great care patients receive is because they educate patients to understand the problem and they partner with clients to build a team to care for them.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Pamela Davies was born in the beautiful island of Luzon, Makati, Manila, Philippines, and her family immigrated to Toronto, Canada in 1977, hopeful for better educational and job opportunities. At the time, the Philippines was under martial law with President Ferdinand Marcos. They left behind family, friends and the only home they had ever known for the chance of a better life. In 1993, Pamela entered the US on a fiancé visa to marry her US citizen fiancé, and build a new life in America. She was a US lawful permanent resident, or green card holder, for over ten years before becoming a US citizen in 2004. After the atrocities of September 11, 2001, she felt the importance of securing her status in the US through naturalization. Today, she enjoys the right to vote, and all other rights and freedoms inherent to US citizenship.

  • Health Care and Social Assistance
  • -
  • $20.48 CAD
  • Triple Net
  • Nov 2020

Select Medical began in 1996 in Mechanicsburg, Pennsylvania, and has grown into a major healthcare provider. The company operates specialty hospitals for long-term acute care, inpatient rehabilitation facilities, and outpatient clinics across the country. Their services cover critical illness recovery, physical rehabilitation, and occupational health programs. Select Medical partners with various health systems to deliver post-acute care and rehabilitation services. Through its network of facilities, the company serves a wide patient population needing recovery and rehabilitation services after serious illness or injury.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - - -
Retailer - - - -
Health Care and Social Assistance - - - -
Professional, Scientific, and Technical Services - - - -
Health Care and Social Assistance - $20.48 CAD Triple Net Nov 2020
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
01-01-08-458-065
Land Assessment
$29,195 CAD
Improvements Assessment
$17,189 CAD
Total Assessment
$46,384 CAD
  • Listing ID: 35952153

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 1100 W Saginaw St, Lansing, MI 48915

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