2101 David StLansing, MI 48912

This exceptional investment opportunity presents a combined 16,646 square feet of commercial space in Lansing, Michigan. The property comprises a 11,648 square foot Class B office building and a separate 4,998 square foot warehouse building, situated on a 1.61-acre lot. The buildings are located at 2101 Wood St. & 1807 David St., Lansing, MI 48912, in Ingham County. Constructed in 1970 and renovated in 1983, the property offers a blend of established infrastructure and potential for modernization. Currently, the property has a 43.33% occupancy rate, with an occupancy date of January 18, 2024. The asking price is $995,000, translating to a price per square foot of $85.42. The property is offered under a modified lease type with multi-tenancy. This presents a unique opportunity for investors seeking a mixed-use property with significant upside potential. The proposed split of the 1.61-acre lot allows for flexibility in future development or expansion. This property is ideal for an investor looking to capitalize on the Lansing market and benefit from the existing income stream while exploring future development possibilities. The location offers convenient access to major transportation routes and local amenities.