August Bank Owned and Distressed Commercial Property – Lansing / East Lansing MI

Here is the updated bank owned and distressed commercial property listings for the Lansing / East Lansing MSA for 8/16/2011.

300 Verlinden is 2,900 Sq Ft of office zoned G-1 and currently offered at $59,000. The property has 45 parking spaces

4225 Okemos Rd in Okemos is a distressed office building with 3,584 Sq Ft and currently occupied by three tenants. The property has good exposure to Okemos Rd and 19 parking spots. The property is offered at 319,900

807 E Grand River is a short sale package with 2 commercial buildings and a vacant parcel. The commercial buildings are all 100% rented. The property is close to Demmer Corporation and has a retail store, small restaurant and 2 bedroom apartment. The property is just East of Old Town on Lansing’s North side. The property was just reduced today to $74,000

5011 E Grand River, Webberville MI is a bankruptcy property. The parcel is vacant and  has had environmental clean up completed. The land sits in front of the Webberville schools building. The property is offered at $59,900

2000 Forest in Lansing is a distressed church property with 4,840 Sq Ft and is currently offered at $70,000.

810 Ottowa is a 5.3 acres parcel in downtown Lansing and steps from the Capitol and Hall of Justice. This land is a prime redevelopment site. Zoned multi family and commercial. Offered at $350,000 and is bank owned.

 

2631 Eaton Rapids Rd is a bank owned former Moose Lodge. Offered at $350,000, the property is 15,088 Sq Ft and is on over 5 acres and features a large parking lot and baseball diamond in the back.

 

For information on these or any other bank owned commercial property in the area, contact Matthew Wisniewski with RE/MAX Commercial Group today. 517-321-2800 Ext 118 or Matt@rcgmichigan.com

 

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