5326 S Pennsylvania Avenue Lansing, MI $ 1,350,000
5326 S Pennsylvania Avenue
$ 1,350,000
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5326 S Pennsylvania Avenue

Lansing, MI, 48911
$ 1,350,000
Baths0.0 Sq 8,067

Monthly Estimate*

$ 9,430

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Studio

Commercial Property for sale in Lansing, MI

for $1,350,000. 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 $600,000 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. Please do not approach/Disturb employees or owner and feel free to contact listing broker for any question. All measurements are approx.

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,577

Style

Lot Size

0.53

Year Built

1955

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20240012511

Features
Interior
Heating Fuel Natural Gas
Street Suffix Avenue
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1955
Property Type Commercial
Subdivision Name PENNSYLVANIA HEIGHTS SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 53
MLS Area Lansing
Directions South of Pennsylvania Ave and East of Jolly Road
City Lansing
Terms Offered Cash Conventional
School District Lansing
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name PENNSYLVANIA
Assessment 0.00
Total Sq Ft 8067
DOM 53
Taxes 10577.0000
Legal Description LOT 17 & S 46 FT LOT 18 PENNSYLVANIA HEIGHTS SUB
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Exterior
Waterfront 0
Lot Size Area 0.53
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 154.2x150
Roof Material Built-Up
Architecture Level 2 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Luna Sequeira Mansour

Listing Agent

Capital Star Realty Inc

Broker

(248) 357-2110

Phone

Affordability Calculator

$10,312
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$881
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$1,350,000 Listed Price

Map


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5326 S Pennsylvania Avenue, Lansing, MI, 48911 is a Commercial Property for sale at $1,350,000 with 8,067 sqft and a lot size of 0.53. 5326 S Pennsylvania Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 48911 which is in Lansing, MI