1060 Trowbridge RD Active Save Request In-Person Tour Request Virtual Tour
East Lansing,MI 48823
Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID 291137
Style Ranch
Year Built 1966
Annual Tax Amount $24,000
Tax Year 2024
Lot Size 0.370 Acres
Property Sub-Type Commercial Sale
Property Description
Fantastic Investment and Business Opportunity! This building offers 6 units with an overall square footage of 8000. Property includes an event center, restaurant, and food store. No vacant spaces, currently everything is occupied. Appliances stay. Furniture stays. Every 2 units combined is 1 unit: restaurant, food store, and banquet area. LEASE TERMS: Tenants pay the base rent plus property taxes, property insurance, and common area maintenance costs (for plus triple net lease). Currently 5 year lease terms. Rent is $4,000 for suite 1 and 2; $6000 for suite 3 and 4; $6000 for suite 5 and 6. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic.
Location
State MI
County Ingham
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Laundry Other
Exterior
Parking Features Driveway,Guest,Off Street,On Site,Open,Outside,Parking Lot,Paved
Waterfront Description false
View Y/N No
Building
Story 1
Sewer Public Sewer
Schools
High Schools East Lansing
School District East Lansing
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional