MI > Lansing > Pennsylvania Heights Sub
Lansing, MI 48911,5326 S PENNSYLVANIA Avenue
Lansing, MI 48911,5326 S PENNSYLVANIA Avenue
Lansing, MI 48911,5326 S PENNSYLVANIA Avenue
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$1,150,000
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8,067 SqFt
Price Dropped by $200K

5326 S PENNSYLVANIA Avenue Lansing, MI 48911

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Jay Taylor & Associates

Jay Taylor & Associates

+1(313) 410-1149

UPDATED:

10/08/2024 08:52 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 8,067 sqft

Price per Sqft $142

Subdivision Pennsylvania Heights Sub

MLS Listing ID 20240012511

Originating Board Realcomp II Ltd

Year Built 1955

Annual Tax Amount $10,577

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 154.2x150

Property Description

Location, Location, Location This beautiful commercial strip which has 6 units facing the main Pennsylvania Avenue Street. New roof in 2016, New AC unit 2015, the Strip has so much on it: 1. Middle Eastern Grocery Store with all new LED lights 2023, Bakery, Foot counter, The Grocery Store offers a wide range of products, including Fresh produce, Fresh Meat Dept. Dairy Products, Frozen Foods, Meat Counter, Cold Food, House hold items and much more, so don't miss the opportunity to own a business and seller will stay and train the purchaser for 2 weeks bearing that there is an opportunity to own the business by itself and pay $450,000 including inventory and equipment. 2. Barber store rented out 3. Behind the building is about 3000 square footage for storage currently vacant potential soon will be rented4. Above the Grocery Store second floor there is 2 office rooms, 1/2 bathroom and entry big room currently owner occupied fully remodeled in 2022 New Drywall, New floor, New Ceiling, Freshly painted. Huge Parking lot front, Back and Sides. Michigan Licenses showing agent much be physically present during all sowings. All information provided deemed reliable but not guaranteed. BAVA. Must follow and comply with all of COVID19 State Regulations and State Practice. Financials to be provided upon signing the Confidentiality Agreement and LOI. Land contract is available terms are negotiable, Please do not approach/Disturb employees or owner and feel free to contact listing broker for any question. All measurements are approx.

Location

State MI

County Ingham

Area Lansing

Zoning Commercial

Direction South of Pennsylvania Ave and East of Jolly Road

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Roof Type Built-Up

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Lansing

Others

Tax ID 33010503102091

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional

Rebuilt Year 2016

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Full Service

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Luna Sequeira Mansour of Capital Star Realty Inc

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Jay Taylor & Associates

Metro Detroit Real Estate

+1(313) 410-1149

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5326 S PENNSYLVANIA Avenue