2510 Michigan AveLansing, MI 48912

For Sale
$495,000

High-traffic storefront, ample parking.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1,778-5,778 square foot retail storefront at 2510 E Michigan Ave in Lansing, MI, presents a compelling investment opportunity. Built in 1959 and extensively renovated in 2018, this well-maintained property boasts 99 feet of frontage on a high-traffic section of Michigan Avenue, strategically positioned between Michigan State University and the state Capitol. The building currently operates as a fitness center, showcasing its adaptability to various retail uses. The substantial 10,835 square foot lot provides ample space, complemented by a convenient 25-space parking lot. The property benefits from its proximity to downtown Lansing, Frandor Shopping Center, and MSU, ensuring high visibility and accessibility. A new roof was installed in 2018, reflecting the commitment to maintaining the building's quality. This turnkey operation offers immediate income potential and significant long-term growth prospects. The asking price is $495,000. This is a rare opportunity to acquire a well-located, versatile retail space in a thriving Michigan market. The property is zoned for retail use and is ready for immediate occupancy.

Highlights

  • 99 feet of Michigan Avenue frontage.
  • Excellent location near Downtown, Frandor Shopping Center, and Michigan State University.
  • Currently configured as a fitness center.
  • On-site parking for 25 cars.
  • New roof installed in 2018.

Property Details for 2510 Michigan Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,778 SF
Year Built/Renovated
1959/2018

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.733321
Longitude
-84.5159427
2510 Michigan Ave, Lansing, Michigan

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2510 Michigan Ave
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