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6920 S Cedar St $1,100,000

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6920 S Cedar St Lansing, MI 48911

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$1,100,000

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  • 31,695 sq. ft.
  • Commercial Sale
  • MLS# 30573380
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Views: 121 Days On Market: 42

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Property Details

Located on South Cedar Street, just South of I-96, the ARJO office complex sit on 4.94 acres across from Lowes and near Flagstar Bank, Advance Auto Parts and Starbucks. The office complex is two buildings of 14,288 Sq Ft and 17,407 sq ft at 6910 and 6920 S Cedar. The property has a huge value add in the upside from completing the leasing in the property. There are some great spaces still available such as 1st floor medical with a dedicated parking area and entrance, prominent street signage and flexible F Commercial zoning that could even allow for retail development on the site. Full offering memorandum available. Inquire for details.

  • General Features
    • Gross Building Size 31695
    • Rental Space Available 31695
    • Property subtypes Office Building
    • Sale terms Cash to Seller
    • Use types Investment
    • year built 1979
    • zoning F COMMERCIAL
  • Building Features
    • building name ARJO Office Complex
    • Building status Existing
    • building stories 2
    • Heat sources Central
    • Roof type Flat
    • total buildings 2
    • visibility Excellent
  • Property Features
    • highway access 96
    • land size max 4.94
    • land size min 4.94
    • land size unit ACRE

Contact

Matthew Wisniewski

Commercial Advisor / Managing Broker

RE/MAX Commercial Group

Direct: 517-321-2800 x118

Neighborhood

48911 (Lansing) Demographics

32 Median Age
2,456 Population Density (per sq. mile)
32% College Educated
$39,522 Estimated Median Income
7,928 Estimated Total Home Owners
7,666 Estimated Total Renters
51% / 49% Estimated Owner / Renter Divide
2 Estimated Average Household Size
39,063 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$110,000 Median Sales Price
33 Homes Sold
36 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,100,000
      2/21/2020 4:31:00 AM New in Database Source

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      The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2020 All rights reserved.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.