Cedar St. N. - 428

Retail-Commercial for Sale
Catylist Listing ID: 28618995
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Sale Price: $649,000
Unit Price: $118 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

*5,500 square foot building
*Great location just north of Lugnut Stadium
*Well established business (48 years)
*Owner to stay on for easy transfer
*Building in superb condition
*Many purchase options available
*Downtown incentives possible with city approval
*Purchase price includes real estate, equipment, fixtures, licenses and goodwill
*Location: On N. Cedar St. between E. Saginaw St. and E. Shiawassee St.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33010116228042
Market Type: Medium
Retail Clientele: General, Family, Traveler, Tourist, Recreation, Other
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Taxi, Other
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1975
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,114 103,648 204,404
Median Age: 29.64 32.34 32.78
Households: 7,927 42,428 81,487
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