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913 W Holmes Rd
Lansing, MI 48910
Southwind Office Park · Office Property For Sale
Investment Highlights
- Located adjacent to a 65,000 SF Kroger supermarket (shared parking lot); surrounded by commercial, medical, and residential.
- Lansing, MI is home to Michigan State University (55,000 students & faculty), as well as the Michigan State Capitol.
- ±3.77 acre parcel with 130+ dedicated parking spaces.
Executive Summary
±61,000 SF medical / professional multi-tenant office building located in Lansing, Michigan. Rezoned for mixed-use, featuring first-floor commercial tenants and potential second-floor residential units. Priced significantly below replacement cost. New LED lighting, exterior paint, and annual parking lot sealcoating & restriping.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
61,064 SF
Building Class
B
Year Built/Renovated
1980/2020
Price
$3,421,975 CAD
Price Per SF
$56.04 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
30,532 SF
Slab To Slab
9’
Building FAR
0.37
Lot Size
3.77 AC
Opportunity Zone
Yes
Zoning
R2 - Community Retail and Service
Parking
130 Spaces (2.13 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 01-01-32-226-542 | Improvements Assessment | $940,296 CAD |
| Land Assessment | $338,791 CAD | Total Assessment | $1,279,087 CAD |
Property Taxes
Parcel Number
01-01-32-226-542
Land Assessment
$338,791 CAD
Improvements Assessment
$940,296 CAD
Total Assessment
$1,279,087 CAD
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