1023 S Washington Avenue, Lansing, MI 48910
sale
$652,000
|
Other
Courtesy Of Musselman Realty
322 Abbot Road, East Lansing, MI 48823
REO TOWN MARKETPLACE FOR SALE: This unique and historic building is being marketed For Sale as the current owner has reached retirement. Originally built in 1925 as the home of Hudson and Essex Auto dealership, the 14,388 square foot one story building is actually two store fronts (1023 and 1027) South Washington and is located at the entrance to REO Town on the East side of S. Washington between Hazel and Elm Streets, and next door to Builders Hardware. There are currently 7 REO Town Marketplace tenants, most on month-to-month leases. The tenants pay $11/sq. ft. including prorated utility charges. The two store fronts are separated by an interior drive complete with auto access garage door off South Washington. This allows vehicle access to the large open space in the rear of the building which features 25 ft. ceilings and an exposed steal truss system giving. Parking for 13 vehicles can be found on the north side of the building, and on street parking is allowed on South Washington. All showings are by appointment, and scheduled in advance. An Environmental study by STS consultants indicates "no recognized environmental conditions related to past and present activities on the subject property", with copy available to interested parties.
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Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Amenities: Basement
- Cooling System: Ceiling Fan(s)
- Exterior Type: Block
- Exterior Type: Wood Siding
- Floor Covering: Concrete
- Floor Covering: Terrazzo
- Floors: 1
- Heating System: Radiant Ceiling
- Heating System: Radiant
- Heating System: Ceiling
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: S 1/2 LOT 7 EXC E 33 FT, ALSO N 107.25 FT LOTS 8 & 9; BLOCK 199 ORIG PLAT
- MLSID: 286754
- Parking Spaces: 13
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