Former Rite Aid
Market Price
111 E Saginaw St, East Lansing, MI 48823
14,564 sqft
Building Size
2.14 acres
Lot Area
Details:
Highlights:
- 14,564 SF modern free-standing building | Constructed in 2007
- Total Population within 5 miles is in excess of 151,350 People
- Prime corner location
- High visibility for retail presence
- Average Household Income exceeds $94,938 within a mile
- Versatile floor plan
- Ample space for signage
- Ideal for retail and commercial use
- Contemporary and attractive design
- Strategic investment opportunity
- Located in the dynamic East Lansing area
Description:
Introducing a prime investment opportunity in the heart of East Lansing, MI! This exceptional 14,564 SF free-standing building, constructed in 2007, offers a contemporary space tailored for retail and commercial use. With an attractive modern design, ample space for signage, and high visibility, this property is perfectly positioned for businesses seeking a strategic location to thrive. Boasting versatile floor plans and a prime corner location, this property is ideally suited for discerning investors looking to capitalize on the dynamic East Lansing market. Don't miss out on the chance to acquire this impressive commercial asset.
Lansing is the capital of the U.S. state of Michigan. It is located mainly in Ingham County, although small portions of the city extend into Eaton County. The 2010 Census places the city’s population at 114,297, making it the fifth largest city in Michigan. The population of its Metropolitan Statistical Area was 464,036, while the even larger Combined Statistical Area (CSA) population, which includes
Shiawassee County was 534,684.
The Lansing Metropolitan Area, colloquially called “Mid-Michigan”, is an important center for educational, cultural, governmental, commercial, and industrial functions. The area is home to two medical schools, one veterinary school, two nursing schools, two law schools (including Th omas M. Cooley and Michigan State University College of Law), a Big Ten Conference university (Michigan State), the Michigan State Capitol, the state Supreme Court and Court of Appeals, a federal court, the Library of Michigan and Historical Center, and headquarters of four national insurance companies. Lansing is the only U.S. state capital (among the 47 located in counties) that is not also a county seat. The county seat of Ingham County is Mason, but the county maintains some offices in Lansing.
The Grand River, the largest river in Michigan, flows through downtown Lansing; and the Red Cedar River, a tributary of the Grand, flows through the campus at Michigan State University. There are two lakes in the area, Park Lake and Lake Lansing, both northeast of the city. Lake Lansing is approximately 500 acres in size and is a summer favorite for swimmers, boaters, and fishermen. Michigan State University Sailing Club and the Lansing Sailing Club are located on Lake Lansing, where sailing regattas are hosted throughout the summer.
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