$600,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
7045 S Cedar Street Lansing, MI 48911
4 Baths
0.67 Acres Lot
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Lansing City
MLS Listing ID 22015107
Sold Date 02/09/23
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1985
Annual Tax Amount $16,904
Tax Year 2021
Lot Size 0.670 Acres
Acres 0.67
Property Description
Great investment opportunity on a high traffic corner in the City of Lansing. Property is currently bringing in $6500 monthly and currently has 2095 sq ft vacant. The vacant space is currently available for lease and could add an additional $2400 monthly once rented. Property is well maintained and offers great curb appeal. Cedar street Exit off I-96 less than a mile away with easy access to US-127.
Location
State MI
County Ingham
Area Outside Michric Area - Z
Direction North of Willoughby Rd
Interior
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Telephone, Cable Connected, Natural Gas Connected
View Y/N No
Roof Type Concrete
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Lansing
Others
Tax ID 01-05-10-379-051
Acceptable Financing Conventional, Contract, Cash
Listing Terms Conventional, Contract, Cash
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