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701 E South St 90,120 SF 100% Leased Industrial Building Lansing, MI 48910 $5,569,721 CAD ($61.80 CAD/SF) 11.07% Cap Rate

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EXECUTIVE SUMMARY

Potters Mill Industrial Flex Center sits on just under 5 acres, includes 105,000 SF on 2.5 levels with a diversified rent role. From 2016-2019 70% of the property was fully renovated and demised into to the suites contained in this offering. All new windows, roof, mechanicals and concrete floors.

ATTACHMENTS

701 E South St

PROPERTY FACTS

Price $5,569,721 CAD
Price Per SF $61.80 CAD
Sale Type Investment NNN
Cap Rate 11.07%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class B
Lot Size 4.45 AC
Rentable Building Area 90,120 SF
No. Stories 2
Year Built/Renovated 1920/2022
Clear Ceiling Height 13’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2
Zoning I - Heavy Industrial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01-22-151-111
Land Assessment
$190,154 CAD
Improvements Assessment
$1,865,148 CAD
Total Assessment
$2,055,302 CAD
  • Listing ID: 38237180

  • Date on Market: 2025-10-28

  • Last Updated:

  • Address: 701 E South St, Lansing, MI 48910

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