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809 E Michigan Ave
Lansing, MI 48912
Jon Anthony Florist · Retail Property For Sale

Investment Highlights

  • Excellent frontage on Michigan Ave
  • Great redevelopment opportunity
  • Walkable distance from popular downtown entertainment
  • Walkable distance from Sparrow Hospital

Executive Summary

Free-standing retail building with excellent frontage on busy Michigan Ave. Building sits on 1.028 acres and is located between Sparrow Hospital and Jackson Field, offering a great redevelopment opportunity. Property provides access to Michigan Ave and Jerome Street, offering a great opportunity for drive-thru ingress/egress. Located in the heart of multiple development projects including the new Capitol City Market and former Clara's Restaurant. Walkable distance from popular Lansing night life bars and restaurants.

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
14,835 SF
Building Class
C
Year Built/Renovated
1888/1990
Price
$1,913,940 CAD
Price Per SF
$129.02 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.33
Lot Size
1.03 AC
Zoning
F-Commercial
Parking
42 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
180’ on Michigan

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
01-01-15-155-045
Land Assessment
$214,088 CAD
Improvements Assessment
$350,935 CAD
Total Assessment
$565,022 CAD
  • Listing ID: 26039002

  • Date on Market: 2022-06-28

  • Last Updated:

  • Address: 809 E Michigan Ave, Lansing, MI 48912

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