1060 Trowbridge Road, East Lansing, MI 48823
sale
$2,000,000
|
Single Family Detached
Courtesy Of First Home Real Estate Inc
6607 W. St Joseph Hwy, Lansing, MI 48917
Fantastic Investment and Business Opportunity! This building offers 6 units with an overall square footage of 8000. Property includes an event center, restaurant, and food store. No vacant spaces, currently everything is occupied. Appliances stay. Furniture stays. Every 2 units combined is 1 unit: restaurant, food store, and banquet area. LEASE TERMS: Tenants pay the base rent plus property taxes, property insurance, and common area maintenance costs (for plus triple net lease). Currently 5 year lease terms. Rent is $4,000 for suite 1 and 2; $6000 for suite 3 and 4; $6000 for suite 5 and 6. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic.
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Property Features
- Age: Over 50 Years Old
- Appliance: Oven
- Appliance: Refrigerator
- Appliance: Range
- Architecture Style: Ranch
- Building Units: 6
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: PART OF LOT 1 SUNRISE CENTER CITY OF EAST LANSING DESC AS: BEG AT NW COR OF SD LOT 1 - S89D 36' 16''E ALNG N LOT LN 189.86 FT TO NE COR OF SD LOT 1 - S00D 24' 45''W ALNG E LOT LN 68.2 FT - N89D 54' 53''W 25 FT - S00D 24' 45''W 19.16 FT - N89D 36' 16''W 164.79 FT TO W LOT LN - N00D 21' 48''E 87.5 FT TO POB 0.37 A FOR 2020: ADDED FROM 33-20-01-24-122-015
- MLSID: 291137
- Parking Spaces: 16
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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