410 Clippert StLansing, MI 48912

For Sale
$1,095,000

Prime location, 11,976 sq ft, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 11,976-square-foot free-standing restaurant building, located at 410 S Clippert St in Lansing, Michigan (48912), presents a unique investment opportunity. Situated near Michigan State University's campus and conveniently accessible via US-127/I-496, this property boasts a prime location. Built in 1980 and extensively renovated in 2020, the single-story building sits on a 1.7-acre lot. The interior features a beautifully renovated space with a versatile layout including booths, tables, bar seating, and a lounge area. A sunken dance floor offers flexible use, potentially converting to additional seating. The property also includes a rear enclosed patio with an outdoor bar, perfect for expanding the seating capacity. The expansive kitchen is equipped with multiple prep areas, a large hood system, a dishwashing station, and a substantial walk-in cooler. The property's total capacity is 600, and all furniture, fixtures, and equipment (FF&E) are included in the sale. A liquor license is available for an additional $59,000. This NNN-leased, vacant property is priced at $1,095,000 ($91.43 per square foot) and represents a significant opportunity for a discerning investor. Its proximity to MSU and the new Red Cedar Development makes it an ideal location for a thriving business. The property offers ample seating, a private party area, and convenient highway access.

Highlights

  • Free-standing restaurant building, 11,976 sq ft, on 1.7-acre lot.
  • Prime location near Michigan State University campus and US-127/I-496.
  • Across from the new Red Cedar Development.
  • Includes all furniture, fixtures, and equipment (FF&E).
  • Liquor license available for $59,000.
  • 600-person capacity with ample seating and a private party area.

Property Details for 410 Clippert St

Property type
Other retail properties, Restaurants
Square Feet
11,976 SF
Year Built/Renovated
1980/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.72941361812
Longitude
-84.508460361599
410 Clippert St, Lansing, Michigan

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410 Clippert St
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