1023 S Washington Avenue Lansing, MI $ 652,000
1023 S Washington Avenue
$ 652,000
Share Save

1023 S Washington Avenue

Lansing, MI, 48910
$ 652,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,068

1023 S Washington Avenue, Lansing, MI 48910 - Image 1
1023 S Washington Avenue, Lansing, MI 48910 - Image 2
1023 S Washington Avenue, Lansing, MI 48910 - Image 3
1023 S Washington Avenue, Lansing, MI 48910 - Image 4
1023 S Washington Avenue, Lansing, MI 48910 - Image 5
1023 S Washington Avenue, Lansing, MI 48910 - Image 6
1023 S Washington Avenue, Lansing, MI 48910 - Image 7
1023 S Washington Avenue, Lansing, MI 48910 - Image 8
1023 S Washington Avenue, Lansing, MI 48910 - Image 9
1023 S Washington Avenue, Lansing, MI 48910 - Image 10
1023 S Washington Avenue, Lansing, MI 48910 - Image 11
1023 S Washington Avenue, Lansing, MI 48910 - Image 12
1023 S Washington Avenue, Lansing, MI 48910 - Image 13
1023 S Washington Avenue, Lansing, MI 48910 - Image 14
1023 S Washington Avenue, Lansing, MI 48910 - Image 15
1023 S Washington Avenue, Lansing, MI 48910 - Image 16
1023 S Washington Avenue, Lansing, MI 48910 - Image 17
1023 S Washington Avenue, Lansing, MI 48910 - Image 18
1023 S Washington Avenue, Lansing, MI 48910 - Image 19
1023 S Washington Avenue, Lansing, MI 48910 - Image 20
1023 S Washington Avenue, Lansing, MI 48910 - Image 21
1023 S Washington Avenue, Lansing, MI 48910 - Image 22
1023 S Washington Avenue, Lansing, MI 48910 - Image 23
1023 S Washington Avenue, Lansing, MI 48910 - Image 24
1023 S Washington Avenue, Lansing, MI 48910 - Image 25
1023 S Washington Avenue, Lansing, MI 48910 - Image 26
1023 S Washington Avenue, Lansing, MI 48910 - Image 27
1023 S Washington Avenue, Lansing, MI 48910 - Image 28
1023 S Washington Avenue, Lansing, MI 48910 - Image 29
1023 S Washington Avenue, Lansing, MI 48910 - Image 30
1023 S Washington Avenue, Lansing, MI 48910 - Image 31
1023 S Washington Avenue, Lansing, MI 48910 - Image 32
1023 S Washington Avenue, Lansing, MI 48910 - Image 33
1023 S Washington Avenue, Lansing, MI 48910 - Image 34
1023 S Washington Avenue, Lansing, MI 48910 - Image 35
1023 S Washington Avenue, Lansing, MI 48910 - Image 36
1023 S Washington Avenue, Lansing, MI 48910 - Image 37
1023 S Washington Avenue, Lansing, MI 48910 - Image 38
1023 S Washington Avenue, Lansing, MI 48910 - Image 39
1023 S Washington Avenue, Lansing, MI 48910 - Image 40
1023 S Washington Avenue, Lansing, MI 48910 - Image 41
1023 S Washington Avenue, Lansing, MI 48910 - Image 42
1023 S Washington Avenue, Lansing, MI 48910 - Image 43
View a Virtual Tour

Commercial Property for sale in Lansing, MI

for $652,000. This building was built in 1925 on a lot size of 0.42.

REO TOWN MARKETPLACE FOR SALE: This unique and historic building is being marketed For Sale as the current owner has reached retirement. Originally built in 1925 as the home of Hudson and Essex Auto dealership, the 14,388 square foot one story building is actually two store fronts (1023 and 1027) South Washington and is located at the entrance to REO Town on the East side of S. Washington between Hazel and Elm Streets, and next door to Builders Hardware. There are currently 7 REO Town Marketplace tenants, most on month-to-month leases. The tenants pay $11/sq. ft. including prorated utility charges. The two store fronts are separated by an interior drive complete with auto access garage door off South Washington. This allows vehicle access to the large open space in the rear of the building which features 25 ft. ceilings and an exposed steal truss system giving. Parking for 13 vehicles can be found on the north side of the building, and on street parking is allowed on South Washington. All showings are by appointment, and scheduled in advance. An Environmental study by STS consultants indicates "no recognized environmental conditions related to past and present activities on the subject property", with copy available to interested parties. ; Building1 Description: Retail (2 - Store Fronts 1023 & 1027)

See more

Commercial Active

Price

$ 652,000

Property Type

Commercial

Taxes

$ 17,640

Style

CommercialSale

Lot Size

0.42

Year Built

1925

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000286754

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas RadiantCeiling
Cooling CeilingFans
Appliances None
Construction Materials Block WoodSiding
Year Built 1925
View Other
Levels One
Tax Year 2024
Business Type Retail
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ORIGINAL OF LANSING
Garage Y/N N
Building Features OverheadDoors CeilingHeightGreaterthan20ft
Status Active
Directions In REO Town East Side of S. Washington Ave. between Hazel & Elm.
City LansingCity_Ingham
Disclosures EnvironmentalAudit EnvironmentalDisclosure
Senior Community Y/N N
High School District Lansing
Zoning Description Commercial
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 17640.0
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
Virtual Tour https://my.matterport.com/show/?m=LqankhgkQxB https://my.matterport.com/show/?m=LqankhgkQxB
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 218181
Legal Description S 1/2 LOT 7 EXC E 33 FT ALSO N 107.25 FT LOTS 8 & 9; BLOCK 199 ORIG PLAT
See more
Interior
Basement Partial
Flooring Concrete Terrazzo
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 14388.0
Laundry Features None
Entry Level 1
Above Grade Finished Area Unit Type SquareFeet
See more
Exterior
Parking Features Asphalt Paved
Water Source Public
Total Parking 13.0
Foundation Details Block PartialBasement
Spa N
Building Area Total 0.0
Lot Dimensions 140.25x132
Lot Size Acres 0.42
Road Surface Type Paved
Waterfront Y/N N
Foundation Area 14388.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 1023
See more
* Excluded Features
List By
Shawn Elliott

Listing Agent

Musselman Realty Company

Broker

(517) 896-7058

Phone

Affordability Calculator

$5,538
Per Month
73%
27%
0%
Monthly Principal & Interest
$4,068
Monthly Property Taxes
$1,470
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
12/5/2025$652,000 Listed Price

Map


See all

1023 S Washington Avenue, Lansing, MI, 48910 is a Commercial Property for sale at $652,000 with a lot size of 0.42. 1023 S Washington Avenue was built in 1925. The property's zip code is 48910 which is in Lansing, MI