4221 S Martin Luther King Jr. Boulevard Lansing, MI ^$ 259,900

4221 S Martin Luther King Jr. Boulevard

^$ 259,900

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4221 S Martin Luther King Jr. Boulevard

Lansing, MI, 48910

^$ 259,900

Studio Baths0.0 Sq 2,204

Monthly Estimate*

^$ 1,815

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Studio

Commercial Property for sale in Lansing, MI

for $259,900. This 2,204 square foot building was built in 1959 on a lot size of 0.61.

Investor's Dream in Lansing, MI! This property at 4221 S Martin Luther King Jr Blvd offers a prime investment opportunity. It features two one-bedroom apartments and two separate offices, all across from a popular coffee shop, possible income streams, strategic business location, easy access & ample parking. This property is a must-see for investors. Don't miss out - contact us today!

Commercial Active

Price

^$ 259,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,202

Style

Commercial Sale

Lot Size

0.61

Year Built

1959

Town/City

Lansing

County/Region

Eaton

MLS | Web ID

277541

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Utilities High Speed Internet Connected High Speed Internet Available Cable Connected Cable Available

Roof Shingle

Appliances Electric Cooktop Gas Water Heater Built-In Electric Oven

Construction Materials Brick Wood Siding

Year Built 1959

Township Lansing City

Levels One

Property SubType Commercial Sale

Tax Year 2022

County Eaton

New Construction N

Property Type Commercial Sale

Attached Garage N

Subdivision Name None

Garage Y/N N

Status Active

Directions 96 E TO DETROIT TAKE M99 AND MLKJ BLV GO LEFT ON M99 TAKE S MLKJ BLV TO LANSING PROPERTY WILL BE ON YOUR RIGHT.

City Lansing

Buyer Agent Compensation 3.00

View Y/N N

High School District Lansing

Lot Size Square Feet 26440.92

Waterfront Y/N N

Carport Y/N N

Street Name Martin Luther King Jr.

Land Lease Y/N N

Tax Annual Amount 6202.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 172000

Buyer Agent Compensation Type %

Legal Description COM INT'N E LINE S LOGAN ST & E & W 1/4 LINE TH N 143 FT +/- E 185 FT S 143 FT +/- W 185 FT TO BEG; SEC 32 T4N R2W

Senior Community None

Interior

Basement None

Flooring Carpet Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 2204.0

Street Suffix Boulevard

Laundry Features None

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Asphalt

Water Source Public

Lot Size Area 0.61

Foundation Details Slab

Building Area Total 2204.0

Lot Dimensions 142.5X182.5

Lot Size Acres 0.61

Road Surface Type Asphalt

Lot Size Units Acres

Foundation Area 2204.0

Road Frontage Type City Street

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4221

* Excluded Features

List By

Glenda Carolina Sabo

Listing Agent

Exit Great Lakes Realty

Broker

sabopropertysales@gmail.com

Affordability Calculator

$2,332

Per Month

Monthly Principal & Interest: $1,815
Monthly Property Taxes: $517
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lansing, MI

Average List Price ^$201,631

Percent of Sale Price 22%

About Lansing, MI

33,186 Population

5% Since 2002

^$55,166 Median Income

40.33 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2075809 Elementary School

2075905 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/29/2023	$259,900		Listed Price

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4221 S Martin Luther King Jr. Boulevard, Lansing, MI, 48910 is a Commercial Property for sale at $259,900 with 2,204 sqft and a lot size of 0.61. 4221 S Martin Luther King Jr. Boulevard is a studio with 0.0 baths and was built in 1959. The property's zip code is 48910 which is in Lansing, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the IDX Program of The Greater Lansing Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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4221 S Martin Luther King Jr. Boulevard

Commercial Property for sale in Lansing, MI

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