REDEVELOPMENT OPP - Iconic John Bean Bldg
$4,450,000
1305 South Cedar Street, Lansing, MI 48910
12.1 acres
Lot Area
9.58
Price Per Sqft
Details:
Description:
464,000 SF REDEVELOPMENT OPPORTUNITY
Iconic John Bean Building
Centrally located with immediate access to I-496, the 464,281 SF John Bean Building presents a compelling opportunity for industrial, residential, creative mixed-use or storage redevelopment. Its combination of scale, history and location makes it a distinctive investment for visionary buyers seeking to contribute to the continued revitalization of Lansing's urban core.
The 3-story building features 10-14' clear ceilings, 5 loading docks, 4 grade-level doors, high-pressure sodium lighting, 8 megawatt transformers and expansive floor plates, each serviced by vehicle ramps and a 30,000 lb feight elevator, ensuring efficient movement throughout the building. Upgrades to electrical and HVAC systems have been completed in recent years, supporting a wide range of potential reuses.
The 5-parcel 12-acre site is zoned IND-1 and its adjacent rail access further enhances its logistical appeal, providing optional freight transportation capabilities.
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