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1023 S Washington Avenue, Lansing, MI 48910

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Listing Type
Commercial/Industrial
Listing Status
active
43
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$692,000

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Home Details for 1023 S Washington Avenue
Price
$692,000
Type
Commercial/Industrial
Year Build
1925
Sq. Ft.
14388
Lot Size
0.42
County
Ingham
Basement
Partial
Tax
$17,640
MLS®️ Listing#
286754
On exitrealty.com
250 days
Property Description
REO TOWN MARKETPLACE FOR SALE: This unique and historic building is being marketed For Sale as the current owner has reached retirement. Originally built in 1925 as the home of Hudson and Essex Auto dealership, the 14,388 square foot one story building is actually two store fronts (1023 and 1027) South Washington and is located at the entrance to REO Town on the East side of S. Washington between Hazel and Elm Streets, and next door to Builders Hardware. There are currently 7 REO Town Marketplace tenants, most on month-to-month leases. The tenants pay $11/sq. ft. including prorated utility charges. The two store fronts are separated by an interior drive complete with auto access garage door off South Washington. This allows vehicle access to the large open space in the rear of the building which features 25 ft. ceilings and an exposed steal truss system giving. Parking for 13 vehicles can be found on the north side of the building, and on street parking is allowed on South Washington. All showings are by appointment, and scheduled in advance. An Environmental study by STS consultants indicates "no recognized environmental conditions related to past and present activities on the subject property", with copy available to interested parties.
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Property Features
Listing Courtesy: Musselman Realty Company - 517-332-3582. Presented by: Shawn Elliott
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Lansing Association of REALTORS®. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
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EXIT REALTY HOME PARTNERS
1000 S. Washington Ave Suite 104, Lansing, MI 48910
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$692,000

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EXIT REALTY HOME PARTNERS
1000 S. Washington Ave Suite 104, Lansing, MI 48910
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