Mixed-Use Redevelopment Opportunity Reo Town 1101 - 1103 S Washington Ave; 110 & 112 E Elm Street :: Lansing, Mi

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FOR SALE MIXED-USE REDEVELOPMENT OPPORTUNITY REO TOWN 1101 - 1103 S WASHINGTON AVE; 110 & 112 E ELM STREET :: LANSING, MI . PROPERTY INFORMATION: ASKING PRICE: $289,500 1101 – 1103 S. Washington Avenue: Size: 6,600 SF TAX INFORMATION: Lot Size: 0.08 acres Taxing Authority: City of Lansing Description: Two-story, mixed-use Parcels: 33-01-01-21-257-002, 33-01-01-21-257- commercial building with full basement 201 & 33-01-01-21-257-191 110 E. Elm Street: Combined 2013 SEV: $114,500 Size: 1,346 SF with 200 SF garage Combined 2013 Taxable Value: $103,216 Lot Size: 0.08 acres Combined 2013 Taxes: $7,665.60 Description: Two-story duplex with two (2) one-bedroom apartments AREA INFORMATION: 112 E. Elm: Located in REO Town near the new Board of Water Size: 846 SF and Light Cogeneration Plant, GM’s Grand River Lot size: 0.05 acres Assembly Plant, LEAP, St. Vincent DePaul, Studio Intrigue and the new Riverview Church REO Town Description: Two bedroom residential Venue rental Convenient to downtown Lansing’s business district and the State Capitol Nearby access to I-496 FOR MORE Amy Richter-Perkins INFORMATION Associate PLEASE Retail Advisor CONTACT +1 517 319 9248 Part of the CBRE affiliate network [email protected] FOR SALE MIXED-USE REDEVELOPMENT OPPORTUNITY REO TOWN 1101 - 1103 S WASHINGTON AVE; 110 & 112 E ELM STREET :: LANSING, MI AERIAL * CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. 2014 ESTIMATED DEMOGRAPHICS 1 mile 3 mile 5 mile POPULATION 10,673 91,435 200,363 AVG HOUSEHOLD INCOME $38,712 $46,045 $49,771 TRAFFIC COUNTS S WASHINGTON AVE…....……………..………………..………………….………… 9,275 I-496.……..………………………………………..………….……………………. 57,200 www.lansingretail.net Amy Richter-Perkins FOR MORE Associate INFORMATION Retail Advisor PLEASE +1 517 319 9248 Part of the CBRE affiliate network CONTACT [email protected] CBRE Martin | 1111 Michigan Ave. | Suite 201 | East Lansing, MI 48823| www.cbrelansing.com © 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. .

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January 2020
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