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1060 Trowbridge Road East Lansing, MI $ 2,000,000
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$ 2,000,000 Get more info
1060 Trowbridge Road
$ 2,000,000
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Share Save

1060 Trowbridge Road

East Lansing, MI, 48823
$ 2,000,000
Bedrooms-- Baths3.0 Sq 7,975

Monthly Estimate*

$ 12,477

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Commercial Property for sale in East Lansing, MI

for $2,000,000 with 3 full baths. This 7,975 square foot building was built in 1966 on a lot size of 0.37.

Fantastic Investment and Business Opportunity! This building offers 6 units with an overall square footage of 8000. Property includes an event center, restaurant, and food store. No vacant spaces, currently everything is occupied. Appliances stay. Furniture stays. Every 2 units combined is 1 unit: restaurant, food store, and banquet area. 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 $4,000 for suite 1 and 2; $6000 for suite 3 and 4; $6000 for suite 5 and 6. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic.

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Commercial Active

Price

$ 2,000,000

Full Bath

3

Property Type

Commercial

Taxes

$ 24,000

Style

Ranch

Lot Size

0.37

Year Built

1966

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

291137
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Refrigerator Range Oven
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1966
Township East Lansing City
Levels One
Property Subtype Commercial Sale
Tax Year 2024
Business Type Restaurant Retail
County Ingham
Insurance Expense 3000.0
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions Trowbridge Road and South Harrison Rd
City East Lansing
High School District East Lansing
Zoning Description Zoning
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 16117.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 24000.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
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
Senior Community None
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 7975.0
Laundry Features Other
Entry Level 1
Total Baths 3
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Exterior
Parking Features Driveway Guest Off Street On Site Open Outside Parking Lot Paved
Water Source Public
Total Parking 16.0
Lot Size Area 0.37
Building Area Total 7975.0
Lot Dimensions 0.37
Lot Size Acres 0.37
Road Surface Type Paved
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

gary@minewtonrealtygroup.com

Email

Affordability Calculator

$14,477
Per Month
86%
14%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$2,000
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
2075923 Elementary School
2075930 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$2,000,000 Listed Price

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1060 Trowbridge Road, East Lansing, MI, 48823 is a Commercial Property for sale at $2,000,000 with 7,975 sqft and a lot size of 0.37. 1060 Trowbridge Road has 3.0 baths and was built in 1966. The property's zip code is 48823 which is in East Lansing, MI

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