721 Waverly RdLansing, MI 48917

For Sale
$349,900

High-traffic location, drive-thru potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 2,197 square foot commercial property, situated on a 0.381-acre lot in Lansing, Michigan, presents a unique investment opportunity. Built in 1963, the single-story building boasts a versatile layout ideal for retail or office use. The main level features a showroom, customer service counter, office space, storage, and a restroom. A rear delivery area extends into a basement, offering additional storage and two restrooms. The property's strategic location on N Waverly Rd, between Westland Plaza (anchored by JOANN Fabrics) and West Saginaw Plaza (anchored by Aaron's Rent to Own), ensures high visibility and foot traffic. A large pylon sign enhances visibility. The property is zoned commercial and offers two access points to Waverly Road, making it highly suitable for a drive-thru addition. The asking price is $349,900, translating to $159.26 per square foot. The property's APN is 040-058-000-100-00. This owner-user opportunity is perfect for a business seeking a prominent location with excellent potential for growth. The property's existing infrastructure and layout provide a solid foundation for immediate occupancy and customization. Don't miss this chance to acquire a well-positioned commercial property in a thriving Lansing neighborhood.

Highlights

  • 2,197 SF commercial building on a 0.381-acre lot in Lansing, MI.
  • Single-story building with showroom, office space, storage, and restrooms; rear delivery area with basement storage and additional restrooms.
  • High-visibility location on N Waverly Rd, near Westland & West Saginaw Plazas; large pylon sign.
  • Commercial zoning; two road access points; potential for drive-thru.
  • $349,900 asking price ($159.26/SF); APN 040-058-000-100-00.

Property Details for 721 Waverly Rd

Property type
Other retail properties, Restaurants
Square Feet
2,197 SF
Year Built
1963
Buildings
1
Stories
1
Lot Size (sq. ft)
16,596 SF

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.741856162347
Longitude
-84.60281219181
721 Waverly Rd, Lansing, Michigan

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721 Waverly Rd
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