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1219 E Saginaw St 2,800 SF Office Building Lansing, MI 48906 $458,697 CAD ($163.82 CAD/SF)
Investment Highlights
- On site Parking. Under one mile from UM Sparrow Hospital. Close to Downtown Lansing, East Lansing and freeway.
Executive Summary
This 2,824-square-foot all brick office building has been completely renovated and is a turnkey operation ideal for a Physician, Physical Therapist, other Health professionals, or beauty salon. Available to lease for $16 per SF or purchase for $330,000. The property includes convenient onsite parking. The interior features a spacious waiting area, dedicated check-in and check-out windows, 6 exam rooms equipped with sinks, 2 handicap-accessible restrooms, a secured storage room and ample storage throughout. Less than one mile from UM -Sparrow Hospital. It is easily accessible from Lansing Downtown, freeways and close to East Lansing. Contact the listing agent to schedule a tour or to request further information.
Click the link to see a video: https://drive.google.com/file/d/1PjoDwacNVhHyZLFoijGaQcdamLl0xxt6/view?usp=sharing
Click the link to see a video: https://drive.google.com/file/d/1PjoDwacNVhHyZLFoijGaQcdamLl0xxt6/view?usp=sharing
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$40,671,107
|
$14,525.40
|
| Operating Expenses |
$14,011,099
|
$5,003.96
|
| Total Expenses |
$54,682,206
|
$19,529.36
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $40,671,107 |
| Annual Per SF | $14,525.40 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $14,011,099 |
| Annual Per SF | $5,003.96 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,682,206 |
| Annual Per SF | $19,529.36 |
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
B
Year Built
1977
Price
$458,697 CAD
Price Per SF
$163.82 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.18
Lot Size
0.36 AC
Zoning
Commercial - City of Lansing Professional Office / Medical
Parking
17 Spaces (6.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
- Air Conditioning
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01-01-10-379-193 | Total Assessment | $182,506 CAD (2026) |
| Land Assessment | $42,673 CAD (2026) | Annual Taxes | $40,671,107 CAD ($14,525.40 CAD/SF) |
| Improvements Assessment | $139,833 CAD (2026) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
01-01-10-379-193
Land Assessment
$42,673 CAD (2026)
Improvements Assessment
$139,833 CAD (2026)
Total Assessment
$182,506 CAD (2026)
Annual Taxes
$40,671,107 CAD ($14,525.40 CAD/SF)
Tax Year
2025 Payable 2025
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Photos
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1219 E Saginaw St
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