2727 Pennsylvania AveLansing, MI 48910

For Sale
$2,500,000

13.76 Acres, 240K SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 13.76-acre redevelopment opportunity in Lansing, Michigan, presents a unique chance to transform a former medical office campus. The property, located at 2727 S Pennsylvania Ave, features a vacant 242,362 square foot building constructed in 1977, offering significant potential for various uses. Currently zoned G-2 (Wholesale) and DM-4 (Residential), the site is ideally suited for industrial development, multi-family housing, or a mixed-use project. Its prime location boasts 778 feet of frontage on Health Care Court and 600 feet on Alpha Street, offering excellent visibility and accessibility. The property's proximity to a large park and Sycamore Creek enhances its appeal. Two easements exist—a reciprocal parking easement and a utility easement—details of which are available upon request. The adjacent office building at 2815 S. Pennsylvania Avenue has expressed interest in collaborating on any redevelopment plans. This substantial property, priced at $2,500,000 ($10.32/sq ft), represents a compelling investment opportunity in a rapidly growing area. The irregular shape of the lot adds to its unique development potential.

Highlights

  • 13.76-acre redevelopment opportunity in Lansing, MI.
  • 242,362 SF vacant building (1977 construction) on 2727 S Pennsylvania Ave.
  • G-2 (Wholesale) & DM-4 (Residential) zoning allows industrial, multi-family, or mixed-use development.
  • Excellent visibility with 778 ft. of frontage on Health Care Court and 600 ft. on Alpha Street.
  • $2,500,000 asking price ($10.32/SF).
  • Two easements (details available upon request). Adjacent building open to collaboration.

Property Details for 2727 Pennsylvania Ave

Property type
Other office properties, Medical offices
Square Feet
242,362 SF
Year Built
1977
Lot Size (sq. ft)
599,386 SF

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.70451464
Longitude
-84.5360815
2727 Pennsylvania Ave, Lansing, Michigan

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2727 Pennsylvania Ave
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