East Lansing, MI 48823,1060 Trowbridge RD
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East Lansing, MI 48823,1060 Trowbridge RD
East Lansing, MI 48823,1060 Trowbridge RD
East Lansing, MI 48823,1060 Trowbridge RD
East Lansing, MI 48823,1060 Trowbridge RD
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Listed by RE/MAX Real Estate Professionals
$ 2,000,000
Est. payment /mo
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1060 Trowbridge RD East Lansing, MI 48823

3 Baths

0.37 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Sale

Listing Status Active

Purchase Type For Sale

MLS Listing ID 291137

Style Ranch

Year Built 1966

Annual Tax Amount $24,000

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 0.37

Property Sub-Type Commercial Sale

Source Greater Lansing Association of REALTORS®

Property Description

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.

Location

State MI

County Ingham

Direction Trowbridge Road and South Harrison Rd

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Appliance Refrigerator, Range, Oven

Laundry Other

Exterior

Parking Features Driveway, Guest, Off Street, On Site, Open, Outside, Parking Lot, Paved

Waterfront Description false

View Y/N No

Total Parking Spaces 16

Building

Story 1

Lot Size Range 0.37

Sewer Public Sewer

Architectural Style Ranch

Schools

High Schools East Lansing

School District East Lansing

Others

Tax ID 33-20-01-24-122-027

Acceptable Financing Cash, Conventional, Contract, Lease Option

Listing Terms Cash, Conventional, Contract, Lease Option


Joe Mullaney

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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1060 Trowbridge RD