406 S Washington Square
Lansing, MI 48933 Off Market




Retail and Lofts-11,000 sf Building For Sale in the Heart of Downtown Lansing. This mixed-use building is currently generating approximately $88,200 in annual gross income. There are three retail shops consisting of a cigar shop, barber shop and LGBT Outreach Center. There are also four apartments being managed by MTH. Proforma NOI is estimated to be $60,719. The building has been very well maintained. Excellent location within walking distance to everything in Downtown Lansing.


Key Features of 406 S Washington Square, Lansing, MI 48933

Property Type
Income

Year Built
1910

Heating
Forced Air - Gas

MLS Number
238243

Time on Market
Almost 5 Years


Basement: Partial
Exterior: Brick
Garage: No Garage
Roof: Flat


Driveway: No Driveway
Sewer: Public Sewer
Water: Public
Lot Size: 0.16 acres
Lot Dimensions: 66X100
Parcel #: 33-01-01-16-378-112
Zoning: Commercial
Tax Authority: Lansing City
Taxes: $17,271
State Equalized Value: $294,700
Subdivision: None
County: Ingham


Date List Price Status
01/11/20 For Sale
07/01/19

I want to see homes similar to 406 S Washington Square!

Contact information for 406 S Washington Square Lansing, MI 48933

Kelly Miller

(517) 712-5496

(517) 712-5496