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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

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 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.; Building1 Description: Restaurant and Food Store

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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

630000291137
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Appliances Oven Refrigerator Range
Architectural Style Ranch
Construction Materials VinylSiding
Year Built 1966
Stories Count 1
Levels One
Tax Year 2024
Business Type Restaurant Retail
County Ingham
Operating Expense 53000.0
New Construction N
Property Type CommercialSale
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
Disclosures SurveyAvailable
Senior Community Y/N N
High School District EastLansing
Zoning Description Commercial
Number Of Units Total 6
MLS Area Area11013EastLansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 24000.0
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 3
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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 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

(517) 410-8307

Phone

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
4909359 Elementary School
4909689 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 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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