2116 Michigan Avenue E $799,000

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    2116 Michigan Avenue E Lansing, MI 48912

    • 0.37 Acres
    • Commercial
    • MLS# 242592
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    Views: 834 Days On Market: 269

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    Property Details

    2116 E. Michigan, Lansing Michigan: This large retail building has been the home to Hot Water Works ''Hot Tub'' shop for many years, and is now available For Sale. There are actually two parcels being sold, as a rear additional parking lot (to the south) is included. The building has 9540 sq. ft of retail space, which does not include a glass enclosed front showroom which is 1548 sq. ft. for a total of 11,088 usable sq. ft., that has three large overhead doors which can accommodate vehicular/truck direct access. The property is zoned F-Commercial which will allow many uses in this highly developing corridor. There is a New Restaurant directly across the street, newly built apartments with retail space just down the street, and adjacent property to the west may also be available. Developers take note as this is a rare opportunity to secure a great new development opportunity, or work with an existing classic large storefront. High ceilings, attic storage space, work rooms, on-street parking, excellent location, are all features that would allow many uses such as retail, office, restaurant, art gallery, etc, etc. , as the building has ample large windows. The glass enclosed front showroom would make a perfect outdoor eating area. The possibilities are endless for this classic mainstay location.

    • General Features
      • Subdivision Leslie Park
      • Year Built 1947
      • Current Use Retail
      • County Ingham
      • Zoning Commercial
    • Building Features
      • Appliances Central Air, No Appliances
      • Basement Slab
      • Exterior Block
      • Heating Forced Air - Gas
    • Property Features
      • Water Public
      • Sewer Public Sewer
      • Land Acreage 1/4+ thru 1/2 Acre
      • Driveway Concrete
    • Schools
      • School District Lansing

    Contact

    Erica Cook

    Erica Cook

    Sales Associate

    East Lansing

    Cell: 517-896-2714

    Neighborhood

    48912 (Lansing) Demographics

    30 Median Age
    3,676 Population Density (per sq. mile)
    47% College Educated
    $39,141 Estimated Median Income
    3,536 Estimated Total Home Owners
    4,172 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,646 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $95,950 Median Sales Price
    24 Homes Sold
    43 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $799,000
        11/18/2019 4:51:00 PM New in Database Source New Value: $799,000

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        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.