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709 Larch St - Prime Retail Corner - Lansing MI 1.13 Acres of Commercial Land Offered at $1,029,360 CAD in Lansing, MI 48906
Investment Highlights
- 1.13-acre site is prime for development in the Heart of Lansing
- Located on a bus line and a signalized intersection
- DT-2 Zoning
- High traffic corner location with over 30,119 vehicles per day
- 263' of frontage on Saginaw St w/ one (1) curb cut and one (1) on N. Larch St
- Urban Flex Use District offers great flexibility for future use
Executive Summary
Situated on a 1.13-acre site in the heart of Lansing, this property boasts a hightraffic corner location with over 30,119 vehicles passing by daily. With 263' of frontage on Saginaw St (69), DT-2 zoning, and all utilities in place, the Urban Flex Use District designation offers immense flexibility for future development. Whether you're considering office development or retail/service use, this property is a rare find.
Property Facts
| Price | $1,029,360 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | DT-2 | ||
| Price | $1,029,360 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.13 AC |
| Opportunity Zone |
Yes |
| Zoning | DT-2 |
1 Lot Available
Lot
| Price | $1,029,360 CAD | Lot Size | 1.13 AC |
| Price Per AC | $910,938.08 CAD |
| Price | $1,029,360 CAD |
| Price Per AC | $910,938.08 CAD |
| Lot Size | 1.13 AC |
Description
Located at the corner of N Larch St and E Saginaw St with high traffic exposure ideal for development. Immediate proximity to Michigan's state capitol, Lansing Center, Lansing Community College, Cooley Law School, The Outfield Baseball stadium, and American Tooling Center Lansing, makes it a sought-after location for many types of users. Excellent visibility due to busy one-way traffic heading south on Cedar to the Capital.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-01-09-480-172 | Improvements Assessment | $0 CAD |
| Land Assessment | $167,854 CAD | Total Assessment | $167,854 CAD |
Property Taxes
Parcel Number
01-01-09-480-172
Land Assessment
$167,854 CAD
Improvements Assessment
$0 CAD
Total Assessment
$167,854 CAD
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709 Larch St - Prime Retail Corner - Lansing MI
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