1060 Trowbridge Road # 3 East Lansing, MI $ 400,000
1060 Trowbridge Road # 3
$ 400,000
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1060 Trowbridge Road # 3

East Lansing, MI, 48823
$ 400,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 2,495

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Commercial Property for sale in East Lansing, MI

for $400,000 with 1 full bath. This building was built in 1966 on a lot size of 0.37.

Fantastic Investment & Business Opportunity in Suite 3! Don't miss your chance to own a well located commercial unit with an established retail business at suite 3, currently operating as a restaurant. Estimated expenses include: Water bill ($333 monthly). Consumers Energy ($2500 monthly). Board of Water and Light ($100 monthly). Taxes ($2000 monthly). Insurance ($3000 monthly). Total estimated yearly expenses $53,000. LEASE TERMS: Tenants pay the base rent plus property taxes, property insurance, and common area maintenance costs (for plus triple net lease). Currently 5 year lease terms. Rent is $6000 for suite 3 and 4. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic.Zoned Commercial, this versatile space offers endless potential for a variety of uses. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Parcel for Suite 3 is 33-20-90-45-804-100. ; Building1 Description: Restaurant

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Commercial Active

Price

$ 400,000

Full Bath

1

Property Type

Commercial

Taxes

$ 19,689

Style

Ranch

Lot Size

0.37

Year Built

1966

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

630000290454

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Appliances Oven Refrigerator Range
Architectural Style Ranch
Construction Materials VinylSiding
Year Built 1966
Stories Count 1
Levels One
Unit Number 3
Tax Year 2024
Business Type Restaurant
Additional Parcels Description 33-20-90-45-804-100
Business Name Swagath Indian Cuis
County Ingham
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Building Features CeilingHeightLessthan16ft
Status Active
Directions Trowbridge Road and South Harrison Rd
City EastLansingCity_Ingham
Senior Community Y/N N
High School District EastLansing
Zoning Description Commercial
Number Of Units Total 1
MLS Area Area11013EastLansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 19689.0
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 259500
Legal Description PART OF LOT 1 SUNRISE CENTER CITY OF EAST LANSING DESC AS: BEG AT NW COR OF SD LOT 1 - S89D 36' 16''E ALNG N LOT LN 189.86 FT TO NE COR OF SD LOT 1 - S00D 24' 45''W ALNG E LOT LN 68.2 FT - N89D 54' 5
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 7975.0
Laundry Features Other
Entry Level 1
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features Driveway Guest ParkingLot OffStreet OnSite Open Outside Paved
Water Source Public
Total Parking 16.0
Spa N
Building Area Total 0.0
Lot Dimensions undefinedxundefined
Lot Size Acres 0.37
Waterfront Y/N N
Foundation Area 7975.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1060
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* Excluded Features
List By
Gary R. Newton

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 410-8307

Phone

Affordability Calculator

$4,136
Per Month
60%
40%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$1,641
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.
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Nearby
4909359 Elementary School
4909689 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$400,000 Listed Price

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1060 Trowbridge Road # 3, East Lansing, MI, 48823 is a Commercial Property for sale at $400,000 with a lot size of 0.37. 1060 Trowbridge Road # 3 has 1.0 baths and was built in 1966. The property's zip code is 48823 which is in East Lansing, MI