Plaza for sale in the city of Lansing
-2 Buildings and Vacant lot adjacent to plaza
-Close to freeways and state capital
-3620 Waverley = 11,900 Sq. Ft. - 10 Units
-3700 Waverley = 13,000 Sq. Ft.
-Total about 25,000 Sq. Ft.
-Vacant Lot: 5,000 Sq. Ft.
-Lot size for plaza 3.34 Acres
-Property tax: $23,000/year
-Total building leased: 17,500 Sq. Ft.
-Vacant: 7,400 Sq. Ft.
-Gross Income: $130,200/year
-Potentials for another $50k - $60k extra a year when the vacant units lease
-Can build in the vacant lot in the back of the plaza or used for cell tower
-Asking price for both buildings + vacant lot: $1,150,000