5326 S PENNSYLVANIA Avenue Lansing, MI $ 1,150,000
5326 S PENNSYLVANIA Avenue
$ 1,150,000
Share Save

5326 S PENNSYLVANIA Avenue

Lansing, MI, 48911
$ 1,150,000
Bedrooms-- Baths-- Sq 8,067

Monthly Estimate*

$ 7,175

5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 1
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 2
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 3
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 4
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 5
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 6
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 7
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 8
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 9
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 10
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 11
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 12
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 13
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 14
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 15
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 16
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 17
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 18
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 19
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 20
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 21
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 22
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 23
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 24
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 25
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 26
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 27
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 28
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 29
5326 S PENNSYLVANIA Avenue, Lansing, MI 48911 - Image 30

Commercial Property for sale in Lansing, MI

for $1,150,000. This 8,067 square foot building was built in 1955 on a lot size of 0.53.

Location, Location, Location This beautiful commercial strip which has 6 units facing the main Pennsylvania Avenue Street. New roof in 2016, New AC unit 2015, the Strip has so much on it: 1. Middle Eastern Grocery Store with all new LED lights 2023, Bakery, Foot counter, The Grocery Store offers a wide range of products, including Fresh produce, Fresh Meat Dept. Dairy Products, Frozen Foods, Meat Counter, Cold Food, House hold items and much more, so don't miss the opportunity to own a business and seller will stay and train the purchaser for 2 weeks bearing that there is an opportunity to own the business by itself and pay $450,000 including inventory and equipment. 2. Barber store rented out 3. Behind the building is about 3000 square footage for storage currently vacant potential soon will be rented4. Above the Grocery Store second floor there is 2 office rooms, 1/2 bathroom and entry big room currently owner occupied fully remodeled in 2022 New Drywall, New floor, New Ceiling, Freshly painted. Huge Parking lot front, Back and Sides. Michigan Licenses showing agent much be physically present during all sowings. All information provided deemed reliable but not guaranteed. BAVA. Must follow and comply with all of COVID19 State Regulations and State Practice. Financials to be provided upon signing the Confidentiality Agreement and LOI. Land contract is available terms are negotiable, Please do not approach/Disturb employees or owner and feel free to contact listing broker for any question. All measurements are approx.

See more

Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 10,577

Style

BusinessandRealEstate

Lot Size

0.53

Year Built

1955

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20240012511

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof BuiltUp
Construction Materials Brick
Year Built 1955
Levels Two
Property Subtype BusinessandRealEstate
Current Use Commercial Retail
County Ingham
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PENNSYLVANIA HEIGHTS SUB
Garage Y/N N
Status Active
Directions South of Pennsylvania Ave and East of Jolly Road
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Commercial
MLS Area Area11012Lansing
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10577.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 137714
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2024-02-29
Legal Description LOT 17 & S 46 FT LOT 18 PENNSYLVANIA HEIGHTS SUB
See more
Exterior
Water Source Public
Lot Size Area 0.53
Foundation Details Basement Poured
Spa N
Building Area Total 8067.0
Lot Dimensions 154.2x150
Lot Size Acres 0.53
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8067.0
Total Bedrooms 0
See more
Internal Only
Street Number 1 5326
See more
* Excluded Features
List By
Luna Sequeira Mansour

Listing Agent

Capital Star Realty Inc

Broker

(248) 357-2110

Phone

Affordability Calculator

$8,056
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$881
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2024$1,150,000 -14.81% Price Down
2/29/2024$1,350,000 Listed Price

Map


See all

5326 S PENNSYLVANIA Avenue, Lansing, MI, 48911 is a Commercial Property for sale at $1,150,000 with 8,067 sqft and a lot size of 0.53. 5326 S PENNSYLVANIA Avenue was built in 1955. The property's zip code is 48911 which is in Lansing, MI