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5118 S Martin Luther King Jr Blvd 10 880 pi² Commerce de détail Immeuble Lansing, MI 48911 1 189 039 $ CAD (109,29 $ CAD/pi²)



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Faits saillants de l'investissement
- Freestanding 10,880 SF former CVS on 1.35 acres with strong frontage, visibility, and two points of access.
- Flexible MX-C zoning with strong trade area demographics, including approximately 151,987 people and 64,394 households within 5 miles.
- Established Lansing retail corridor surrounded by national retailers, restaurants, services, and dense residential neighborhoods.
Résumé de l'annonce
Property Highlights
Freestanding former CVS building located at 5118 S. Martin Luther King Jr. Boulevard in Lansing, just south of the Michigan State Capitol.
10,880 SF building on 1.35 acres, offering a rare opportunity for a full-building user, medical operator, discount retailer, specialty grocer, service provider, or redevelopment concept.
Excellent frontage and visibility along S. Martin Luther King Jr. Boulevard with two points of access, making the site easy to identify and convenient for customers.
Located in an established Lansing retail corridor surrounded by national and local retailers, restaurants, service businesses, and dense residential neighborhoods.
MX-C Mixed-Use Urban Corridor zoning provides flexibility for a wide range of commercial and mixed-use concepts.
Strong nearby consumer base with approximately 151,987 people and 64,394 households within a 5-mile radius.
Significant daytime population with approximately 86,495 employees and 5,460 businesses within 5 miles.
Existing pharmacy box layout provides a highly adaptable floor plan with open retail area, back-of-house space, parking, loading/service access, and strong building identity.
The site offers a strong combination of size, access, visibility, parking, and corridor location, making it well-positioned for a variety of users looking to serve Lansing’s south side and central city trade area.
Freestanding former CVS building located at 5118 S. Martin Luther King Jr. Boulevard in Lansing, just south of the Michigan State Capitol.
10,880 SF building on 1.35 acres, offering a rare opportunity for a full-building user, medical operator, discount retailer, specialty grocer, service provider, or redevelopment concept.
Excellent frontage and visibility along S. Martin Luther King Jr. Boulevard with two points of access, making the site easy to identify and convenient for customers.
Located in an established Lansing retail corridor surrounded by national and local retailers, restaurants, service businesses, and dense residential neighborhoods.
MX-C Mixed-Use Urban Corridor zoning provides flexibility for a wide range of commercial and mixed-use concepts.
Strong nearby consumer base with approximately 151,987 people and 64,394 households within a 5-mile radius.
Significant daytime population with approximately 86,495 employees and 5,460 businesses within 5 miles.
Existing pharmacy box layout provides a highly adaptable floor plan with open retail area, back-of-house space, parking, loading/service access, and strong building identity.
The site offers a strong combination of size, access, visibility, parking, and corridor location, making it well-positioned for a variety of users looking to serve Lansing’s south side and central city trade area.
Faits sur la propriété
Type de vente
Propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
10 880 pi²
Classe d’immeuble
C
Année de construction
2001
Prix
1 189 039 $ CAD
Prix par pi²
109,29 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
1,35 AC
Zone de développement économique
Oui
Zonage
MX-C - Corridor urbain à usage mixte
Stationnement
68 places (6,25 places par 1 000 pi² loué)
Façade
Commodités
- Enseigne sur pylône
- Affichage
- Service au volant
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 01-05-05-202-153 | Évaluation des bâtiments | 755 530 $ CAD |
| Évaluation du terrain | 141 566 $ CAD | Évaluation totale | 897 095 $ CAD |
Impôts fonciers
Numéro de lot
01-05-05-202-153
Évaluation du terrain
141 566 $ CAD
Évaluation des bâtiments
755 530 $ CAD
Évaluation totale
897 095 $ CAD
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5118 S Martin Luther King Jr Blvd
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