December 2012 Bank Owned and Distressed Commercial Real Estate Update for Lansing MI Including Eaton, Ingham and Clinton Counties

Here is the December, 2012 REO / Bank Owned and distressed assets / Real Estate update for the Lansing / East Lansing market. This market area includes Okemos, Haslett, Holt, Mason, Portland, Eaton Rapids and neighboring communities.

Price Reductions:

2011-09-07 16.40.421456 Haslett Rd, Haslett, MI

This bank owned property  features over 2,600 Sq Ft of space. The property has a retail store built on the rear of the house with a parking. Separate entrance and exit drives make access to Haslett Rd easy.

Price reduced to $119,000

Development Land on W Willow in Delta Township LansingW Willlow Delta Township Lansing

This 4.02 acres parcel is zoned RM, Medium Density Residential. Uses such as multifamily, tow family residential, adult foster care and family child care are all permitted uses under current zoning.

Price reduced to $119,000

 

Sold Listings:

Bank Owned 34,000 Sq Ft Warehouse in Mason MI

Bank Owned 34,000 Sq Ft Warehouse in Mason MI

222 W Ash Street, Mason MI

This 34,000 Sq Ft industrial complex is the former home of Inco Development. With over 7,400 Sq Ft of office on 2 floors, 7 dock doors and 2 drive in doors, the property has a great deal of flexibility in its usage. Electrical is on site at 480 volts, 3 phase service. Ceiling heights vary from 10 to 24 ft. The property sits on 2.14 Acres.

SOLD

New Listings:

2012-08-13_19-21-21_265

 

 

 

An amazing value, this 10,00 Sq Ft building was formerly an advertising agency and has call center areas built out. Ideal location close to the airport, Emergent Biodefense and the Michigan Army National Guard.

 

Offered at $95,000

 

For more information on bank owned and bankruptcy properties in Michigan, please contact Matthew Wisniewski at RE/MAX Commercial Group today. With access to the latest offerings including multifamily, shopping centers, office, retail and office bank owned property, RE/MAX Commercial Group can assist you even if the property you are looking for is not yet on the market. Visit us today at http://www.rcgmichigan.com to search additional listings, virtually meet the commercial team and find out more about our services.

For Asset Managers: If you have a property that could benefit from a premier marketing presence, appreciate timely completion of assignments and regular feedback, our commercial marketing professionals are available for assistance in both Lansing and Grand Rapids, MI. Call 517-321-2800 ext 118 for more information.

 

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