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701 E South St 90,120 SF 100% Leased Industrial Building Lansing, MI 48910 $5,454,530 CAD ($60.53 CAD/SF) 11.07% Cap Rate

Industrial Properties Michigan Lansing 701 E South St, Lansing, MI 48910

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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 $5,454,530 CAD Lot Size 4.45 AC
Price Per SF $60.53 CAD Rentable Building Area 90,120 SF
Sale Type Investment NNN No. Stories 2
Cap Rate 11.07% Year Built/Renovated 1920/2022
Property Type Industrial Clear Ceiling Height 13’
Property Subtype
Distribution
  • Industrial Warehouse
  • OfficeLoft Creative Space
  • Office Office Residential
 No. Dock-High Doors/Loading 8
Building Class B No. Drive In / Grade-Level Doors 2
Zoning I - Heavy Industrial
Price $5,454,530 CAD
Price Per SF $60.53 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

Links

1 1

Property Taxes

Parcel Number 01-01-22-151-111 Improvements Assessment $1,812,948 CAD
Land Assessment $184,832 CAD Total Assessment $1,997,780 CAD

Property Taxes

Parcel Number
01-01-22-151-111
Land Assessment
$184,832 CAD
Improvements Assessment
$1,812,948 CAD
Total Assessment
$1,997,780 CAD
(616) 264-3335

Still interested?

Contact the brokers for more information about this property

Contacts

  • Geoffrey Meekhoff
    Geoffrey Meekhoff
  • Margaret Meekhoff
    Margaret Meekhoff

  • Listing ID: 38237180

  • Date on Market: 2025-10-28

  • Last Updated:

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

The Reo Town Industrial Property at 701 E South St, Lansing, MI 48910 is currently available. Contact CBRE for more information.

INDUSTRIAL PROPERTIES IN NEARBY NEIGHBORHOODS

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701 E South St
(616) 264-3335 x

701 E South St

Geoffrey Meekhoff
(616) 264-3335

Margaret Meekhoff
(616) 808-3530

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