Active

Fully Leased Industrial Investment

3405 N East St, Lansing, MI 48906

1 / 12

Overview

Welcome to 3405 N East Street, a prime industrial warehouse property situated on .721 acres across two spacious lots. This versatile building offers 8,000 square feet of functional space, making it an ideal investment opportunity.

Key Features:

Industrial Warehouse: The building boasts a robust industrial design, perfect for various business needs.

Fully Leased: Currently, this property is a 3-tenant investment, fully leased and generating gross rents of $54,000 per year.

Impressive Cap Rate: With an 11% cap rate at the asking price, savvy investors will appreciate the solid returns.

Convenient Overhead Doors: The property features four overhead doors, ensuring easy access for loading and unloading.

High-Traffic Location: Positioned on bustling N East Street, this property enjoys excellent visibility and accessibility.

Corner Lot: Situated at the corner of Frederick Street, it offers maximum exposure for your business.

Whether you’re expanding your portfolio or seeking a reliable income stream, 3405 N East Street is a smart investment choice. Don’t miss out on this opportunity to own a thriving commercial property in Lansing’s vibrant North side!

For Sale

Retail

Secondary Uses: Service Station/Gas Station

Sale Price
$292,327
Price Per SF
$36.5/SF
Building Size
8,000 SF
Acres
0.513 ac
Zoning
S-C
Number of Buildings
1
Floors
1
Construction Type
Framed
Nearest MSA
Lansing-East Lansing
Property Status
Existing
County
Ingham
Available
03/28/2025
Created
02/20/2024
Updated
11/24/2025
Listing ID
a16959f9
Parcel APN
33-01-01-04-228-071

Property Area Insights

presented by Placer.ai