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Comerica Bank 5101 N Grand River Ave 1,380 SF Retail Building Lansing, MI 48906 $409,753 CAD ($296.92 CAD/SF)
Investment Highlights
- Freestanding 1,380 SF retail building available for sale on 0.87 acres
- Positioned along N Grand River just blocks from Capital Region International Airport in a mature commercial corridor
- Zoned MX-C - Mixed Use Urban Corridor in City of Lansing
- Former bank building with two drive-thru lanes and an ATM lane totaling 814 SF, ideal for financial, medical, and quick-service users
- Convenient access to I-96 and minutes from downtown Lansing
Executive Summary
FOR SALE: Freestanding 1,380 SF former retail banking facility w/ two drive-thru lanes and an ATM lane on .87 acres located on N Grand River in Lansing. The property is zoned MX-C – Mixed Use Urban Corridor in the City of Lansing, making it well suited for financial, medical, or quick-service users. Positioned just blocks from Capital Region International Airport in a mature commercial corridor with convenient access to I-96 and minutes from downtown Lansing.
Sale subject to bank approval of buyer’s intended use. Seller reserves the right to deed restrict against financial and marijuana uses.
Contact Jodi Milks, CCIM, NAI Wisinski of West Michigan, at (269) 207-1040 or via email at jodim@naiwwm.com for additional information.
Sale subject to bank approval of buyer’s intended use. Seller reserves the right to deed restrict against financial and marijuana uses.
Contact Jodi Milks, CCIM, NAI Wisinski of West Michigan, at (269) 207-1040 or via email at jodim@naiwwm.com for additional information.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
1,380 SF
Building Class
C
Year Built
1977
Price
$409,753 CAD
Price Per SF
$296.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC
Opportunity Zone
Yes
Zoning
MX-C - Mixed Use Urban Corridor
Parking
32 Spaces (23.19 Spaces per 1,000 SF Leased)
Frontage
225’ on N Grand River Ave
Amenities
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-01-06-104-070 | Improvements Assessment | $163,993 CAD |
| Land Assessment | $79,068 CAD | Total Assessment | $243,061 CAD |
Property Taxes
Parcel Number
01-01-06-104-070
Land Assessment
$79,068 CAD
Improvements Assessment
$163,993 CAD
Total Assessment
$243,061 CAD
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Comerica Bank | 5101 N Grand River Ave
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