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418 Baker St
Lansing, MI 48910
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Two retail units; Two apartments
  • Optional Owner Financing
  • Replacement windows

EXECUTIVE SUMMARY

Situated at 418 Baker, Lansing, MI 48910, on Lansing's lively Southside, this two-story mixed-use building offers a prime opportunity for investors with a vision for renovation. The first floor features two retail units with gas forced air heat, split electric service, and non-working AC, ready for updates to suit modern businesses. The second floor houses two apartments with high ceilings, vinyl replacement windows, and partial hardwood flooring, providing a charming foundation that awaits a creative touch to restore its full potential. Each apartment is separately metered for electric heat, with a shared laundry hookup in a common area. A single water meter serves the entire building, and a private parking lot out back ensures convenience for tenants and customers. Located near the vibrant REO Town, close to Leroy's Bar, Corey's Lounge, and Lucky's Hole in the Wall, and directly across from O'Leary Paint, this property is a diamond in the rough, brimming with potential for those ready to tackle a rewarding renovation project. Optional owner financing is available to help bring your vision to life.
Seller is a licensed real estate salesperson in the State of Michigan

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,124 SF
Building Class
C
Year Built
1911
Price
$136,402 CAD
Price Per SF
$43.66 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.18 AC
Zoning
F COMM
Parking
10 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
60’ on Baker St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01-21-429-051
Land Assessment
$6,732 CAD
Improvements Assessment
$122,445 CAD
Total Assessment
$129,178 CAD
  • Listing ID: 36881287

  • Date on Market: 2025-07-23

  • Last Updated:

  • Address: 418 Baker St, Lansing, MI 48910

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