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16991 S Us Highway 27 Lansing, MI $ 650,000
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$ 650,000 Get more info
16991 S Us Highway 27
$ 650,000
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Share Save

16991 S Us Highway 27

Lansing, MI, 48906
$ 650,000
Bedrooms-- Baths-- Sq 14,684

Monthly Estimate*

$ 4,055

16991 S Us Highway 27, Lansing, MI 48906 - Image 1
16991 S Us Highway 27, Lansing, MI 48906 - Image 2
16991 S Us Highway 27, Lansing, MI 48906 - Image 3
16991 S Us Highway 27, Lansing, MI 48906 - Image 4
16991 S Us Highway 27, Lansing, MI 48906 - Image 5
16991 S Us Highway 27, Lansing, MI 48906 - Image 6
16991 S Us Highway 27, Lansing, MI 48906 - Image 7
16991 S Us Highway 27, Lansing, MI 48906 - Image 8
16991 S Us Highway 27, Lansing, MI 48906 - Image 9
16991 S Us Highway 27, Lansing, MI 48906 - Image 10
16991 S Us Highway 27, Lansing, MI 48906 - Image 11

Commercial Property for sale in Lansing, MI

for $650,000. This 14,684 square foot building was built in 1958 on a lot size of 1.11.

This well-maintained 7-unit retail plaza offers a prime investment opportunity in Lansing, Michigan. Located on the highly visible Old U.S. 27 corridor, the property features a diverse tenant mix including retail, food service, electrical, and storage businesses. With a strong monthly rental income and one vacant 1,200 sqft storage unit, this property provides significant upside potential for an investor seeking stable cash flow and value-add opportunities. Recently completed façade and site improvements enhance the curb appeal and functionality of the property, making it an attractive option for tenants and investors alike.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 11,228

Style

RealEstateOnly

Lot Size

1.11

Year Built

1958

Town/City

Lansing

County/Region

Clinton

MLS | Web ID

20251051298
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials BrickVeneer
Year Built 1958
Property Subtype RealEstateOnly
Current Use Commercial ConvenienceStore Retail Vacant Warehouse
County Clinton
Net Operating Income 60826.14
Operating Expense 14128.86
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions SOUTH US HIGHWAY EAST OF SHERIDAN RD
City LansingCity_Clinton
Senior Community Y/N N
High School District Lansing
Zoning Description Commercial
MLS Area Area19151DewittTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11228.86
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 MultipleOccupantTypes
Tax Assessed Value 208158
Expected Active Date 2025-11-04
Legal Description BEG 50 FT E OF THE SW COR OF SEC 34 T5N R2W TH E 197.36 FT TH N 246.9 FT TH W 197.36 FT TH S 246.9 FT TO THE POB. EXCEPT: COM AT THE SW COR OF SD SEC 34; TH E ALG THE S SEC LN 247.40 FT; TH N PA
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Exterior
Water Source Other
Foundation Details Slab
Spa N
Building Area Total 14684.0
Lot Dimensions 247 x 197
Lot Size Acres 1.11
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) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 14684.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 16991
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* Excluded Features
List By
Mohamed Alshubi

Listing Agent

Keller Williams Legacy

Broker

(313) 770-1175

Phone

Affordability Calculator

$4,991
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$936
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
848538 Elementary School
848373 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/4/2025$650,000 Listed Price

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16991 S Us Highway 27, Lansing, MI, 48906 is a Commercial Property for sale at $650,000 with 14,684 sqft and a lot size of 1.11. 16991 S Us Highway 27 was built in 1958. The property's zip code is 48906 which is in Lansing, MI

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