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812 S Martin Luther King Jr Blvd 2,160 SF Retail Building Lansing, MI 48915 $307,102 CAD ($142.18 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Potential for Automotive Sales
  • Easy Access to State Government
  • Recent Upgrades and Updates new Roof
  • High Daily Average Traffic Counts
  • Easy Highway Access

EXECUTIVE SUMMARY

Discover a rare opportunity with this versatile, move-in-ready commercial property located at 812 S Martin Luther King Jr Blvd in Lansing. This high-visibility building sits on the strategic corner of S MLK Jr. Blvd and Main St (W Malcolm X St), offering incredible exposure to high average daily traffic counts ( Average Annual Daily Traffic (AADT) count of 20,476 vehicles (MDOT, 2022) ). Its premier location provides unparalleled convenience, situated just seconds from the I-496 interchange and only 1.1 miles from the Michigan State Capitol and Supreme Court complex.
The property features a sturdy 1,421 sq ft block building that underwent an extensive remodel in 2021, ensuring it is turn-key for a variety of uses. These comprehensive updates include new barrier-free restrooms (complete with showers), new ADA-compliant drinking fountains, and full accessibility. The building, which also has a roof replaced in 2017, is currently split into two units: a front fitness center and a rear woodshop, which has its own restroom for a total of three in the building. Both units are serviced by their own central heat and air conditioning systems.
In addition to the main building, a separate 255 sq ft concrete storage garage offers an overhead door for easy loading or secure storage. The site's most significant feature is its massive, paved parking lot, which provides abundant space for inventory or customers. This expansive lot, combined with the property's zoning, makes it an ideal candidate for an automotive sales business (which would require a special use permit), or for any retail, office, or service-based operation seeking a prime location.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
2,160 SF
Building Class
B
Year Built/Renovated
1951/2021
Price
$307,102 CAD
Price Per SF
$142.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.47 AC
Zoning
Commercial - Commercial use
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Chase Bank
PNC Bank
Blimpie

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01-20-205-232
Land Assessment
$56,947 CAD
Improvements Assessment
$95,800 CAD
Total Assessment
$152,747 CAD
  • Listing ID: 38396610

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 812 S Martin Luther King Jr Blvd, Lansing, MI 48915

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