500 E Thomas Street Lansing City, MI $ 649,971
500 E Thomas Street
$ 649,971
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500 E Thomas Street

Lansing City, MI, 48906
$ 649,971
Bedrooms-- Baths--

Monthly Estimate*

$ 4,002

500 E Thomas Street, Lansing City, MI 48906 - Image 1
500 E Thomas Street, Lansing City, MI 48906 - Image 2
500 E Thomas Street, Lansing City, MI 48906 - Image 3
500 E Thomas Street, Lansing City, MI 48906 - Image 4
500 E Thomas Street, Lansing City, MI 48906 - Image 5
500 E Thomas Street, Lansing City, MI 48906 - Image 6
500 E Thomas Street, Lansing City, MI 48906 - Image 7
500 E Thomas Street, Lansing City, MI 48906 - Image 8
500 E Thomas Street, Lansing City, MI 48906 - Image 9
500 E Thomas Street, Lansing City, MI 48906 - Image 10
500 E Thomas Street, Lansing City, MI 48906 - Image 11
Commercial Property for sale in Lansing City, MI for $649,971. This building was built in 1954 on a lot size of 9.53.

An INVESTORS dream!!!!! Offering a completely remodeled auditorium that seats 1400, a completely remodeled gymnasium, an Olympic size swimming pool the possibilities are endless. As a community center, entertainment training facility, you can't go wrong. Although much work is needed, building is being sold as is.; Building1 Description: main building classrooms

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Commercial Active

Price

$ 649,971

Property Type

Commercial

Taxes

$ 13,388

Style

Lot Size

9.53

Year Built

1954

Town/City

Lansing City

County/Region

INGHAM

MLS | Web ID

630000295809

Features
Interior
Interior Amenities Other
Basement Full
Flooring Concrete Linoleum Terrazzo Wood
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 220000.0
Laundry Features Other
Above Grade Finished Area Unit Type SquareFeet
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General
Sewer PublicSewer
Heating Central
Cooling CentralAir Other
Appliances BuiltInRefrigerator Other
Architectural Style Other
Pool Features Community Indoor
Security Features Other
Construction Materials Brick
Exclusions Parcel #33-01-01-01-478-021 is excluded from any sale.
Year Built 1954
Levels MultiSplit
Tax Year 2025
Business Type Other
Community Features Pool StreetLights
Additional Parcels Description parcel # 33-01-01-01-478-021 not included in sale.
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PAYNTERS HEIGHTS
Garage Y/N N
Other Structures Greenhouse TennisCourts
Status Active
Directions Take Larch St north to Thomas st. Take left turn at Thomas St. Building is on the left
City LansingCity_Ingham
Disclosures ExclusionsExist
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 13388.0
Home Warranty Y/N N
Current Financing None
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
Occupancy Type Vacant
Tax Assessed Value 191600
Legal Description PART OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 4 T4N R2WCITY OF LANSING INGHAM COUNTY MICHIGAN BEING DESCRIBED AS: COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 4 N89DEG34'37
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Exterior
Exterior Amenities TennisCourts
Parking Features Concrete OnSite
Lot Features Garden NearPublicTransit
Water Source Public
Foundation Details Basement
Spa N
Building Area Total 0.0
Lot Dimensions unknown
Lot Size Acres 9.53
Road Surface Type Paved
Waterfront Y/N N
Foundation Area 220000.0
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Thomas Beard

Listing Agent

Brokers Realty

Broker

(517) 977-6087

Phone

Affordability Calculator

$5,118
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$1,116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/11/2026$649,971 Listed Price

Map


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500 E Thomas Street, Lansing City, MI, 48906 is a Commercial Property for sale at $649,971 with a lot size of 9.53. 500 E Thomas Street was built in 1954. The property's zip code is 48906 which is in Lansing City, MI