5324 S PENNSYLVANIA Avenue Lansing, MI $ 450,000
5324 S PENNSYLVANIA Avenue
$ 450,000
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5324 S PENNSYLVANIA Avenue

Lansing, MI, 48911
$ 450,000
Bedrooms-- Baths-- Sq 8,067

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Lansing, MI

for $450,000. This 8,067 square foot building was built in 1955 on a lot size of 0.53.

Location, Location, Location This beautiful Commercial strip one unit which is facing the main Pennsylvania Avenue Street is the 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 ,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. A Licenses Real Estate 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

$ 450,000

Property Type

Commercial

Taxes

$ 10,565

Style

Business

Lot Size

0.53

Year Built

1955

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20240049854

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof BuiltUp
Construction Materials Brick
Year Built 1955
Levels Two
Property Subtype Business
Current Use ConvenienceStore Retail
County Ingham
Net Operating Income 1.0
Operating Expense 1.0
New Construction N
Property Type BusinessOpportunity
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 10565.0
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 144599
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2024-07-11
Legal Description LOT 17 & S 46 FT LOT 18 PENNSYLVANIA HEIGHTS SUB
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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
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8067.0
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Internal Only
Street Number 1 5324
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* Excluded Features
List By
Luna Sequeira Mansour

Listing Agent

Capital Star Realty Inc

Broker

(248) 357-2110

Phone

Affordability Calculator

$3,651
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$880
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2024$450,000 -10.00% Price Down
7/11/2024$500,000 Listed Price

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5324 S PENNSYLVANIA Avenue, Lansing, MI, 48911 is a Commercial Property for sale at $450,000 with 8,067 sqft and a lot size of 0.53. 5324 S PENNSYLVANIA Avenue was built in 1955. The property's zip code is 48911 which is in Lansing, MI