106 Island Ave | Lansing, MI 48910
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106 Island Ave
Lansing, MI 48910
Office Property For Sale
Executive Summary
Owner Occupier or Investor Opportunity
Easily Accessible Location: Perfect REO Town location in the Moores Park Neighborhood with a touch of privacy and plenty of traffic. Close to office users, restaurants and coffee shops.
2,960 SF Two-Story Building
Lower Level - 1,300 SF Retail/Office Space Available For Lease
Second Floor - Two (2) Fully Leased Loft Apartments with +/- $28,000/Year Income
Sale Includes Adjacent 0.091 Acre Land Parcel (1328 S Washington)
Easily Accessible Location: Perfect REO Town location in the Moores Park Neighborhood with a touch of privacy and plenty of traffic. Close to office users, restaurants and coffee shops.
2,960 SF Two-Story Building
Lower Level - 1,300 SF Retail/Office Space Available For Lease
Second Floor - Two (2) Fully Leased Loft Apartments with +/- $28,000/Year Income
Sale Includes Adjacent 0.091 Acre Land Parcel (1328 S Washington)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,960 SF
Building Class
C
Year Built/Renovated
1926/2023
Price
$545,851 CAD
Price Per SF
$184 CAD
Percent Leased
12%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,480 SF
Building FAR
0.97
Lot Size
0.07 AC
Zoning
F-1 COM - Commercial Improved
Amenities
- 24 Hour Access
- Storage Space
- Basement
- Central Heating
- Hardwood Floors
PROPERTY TAXES
| Parcel Number | 01-01-21-326-073 | Improvements Assessment | $88,295 CAD |
| Land Assessment | $8,210 CAD | Total Assessment | $96,505 CAD |
PROPERTY TAXES
Parcel Number
01-01-21-326-073
Land Assessment
$8,210 CAD
Improvements Assessment
$88,295 CAD
Total Assessment
$96,505 CAD
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