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2320 E Saginaw St
Lansing, MI 48912
Schep's Garage · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- 2 in-ground hoists
- Environmental assessment complete, tanks removed
- Fully air-conditioned
- High visibility; highway accessible
EXECUTIVE SUMMARY
An exceptional opportunity is now available for sale or lease at 2320 E Saginaw St, a prime commercial location on one of Lansing's busiest corridors. After decades of successful service, the owner of this established auto repair shop is retiring, presenting a rare chance to acquire a turn-key facility with a fantastic reputation. The 1,698 square foot block building is ready for immediate operation, equipped with two in-ground hoists in good working condition, two restrooms, and the significant advantage of being fully air-conditioned throughout the entire facility, including the service bays. This property boasts an expansive lot; with an included adjacent parcel, the total land area combines to over half an acre, offering abundant space for customer parking, vehicle storage, or future expansion. For peace of mind, a previous environmental assessment has been completed and all underground tanks have been professionally removed. Strategically positioned for maximum visibility near Lansing Catholic High School, the location offers unbeatable access, situated just moments from the US-127 interchange and the bustling Frandor Shopping Center. Drawing from the stable and desirable Groesbeck neighborhood, this property represents a premier chance to build on a legacy of success in the heart of Lansing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,698 SF
Building Class
C
Year Built
1931
Price
$549,540 CAD
Price Per SF
$323.64 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.37 AC
Zoning
E-2 LOC - Commercial
Parking
8 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
264’ on E Saginaw St
AMENITIES
- Bus Line
- Corner Lot
- Security System
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 01-01-14-105-441 | Improvements Assessment | $49,899 CAD |
| Land Assessment | $26,256 CAD | Total Assessment | $76,155 CAD |
PROPERTY TAXES
Parcel Number
01-01-14-105-441
Land Assessment
$26,256 CAD
Improvements Assessment
$49,899 CAD
Total Assessment
$76,155 CAD
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