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COMMERCIAL - Ranch - East Lansing, MI
Fantastic Investment & Business Opportunity in Suite 3! Don't miss your chance to own a well located commercial unit with an established retail business at suite 3, currently operating as a restaurant. Estimated expenses include: Water bill ($333 monthly). Consumers Energy ($2500 monthly). Board of Water and Light ($100 monthly). Taxes ($2000 monthly). Insurance ($3000 monthly). Total estimated yearly expenses $53,000. 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 $6000 for suite 3 and 4. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Zoned Commercial, this versatile space offers endless potential for a variety of uses. Prime location near the highway and just...
Fantastic Investment & Business Opportunity in Suite 3! Don't miss your chance to own a well located commercial unit with an established retail business at suite 3, currently operating as a restaurant. Estimated expenses include: Water bill ($333 monthly). Consumers Energy ($2500 monthly). Board of Water and Light ($100 monthly). Taxes ($2000 monthly). Insurance ($3000 monthly). Total estimated yearly expenses $53,000. 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 $6000 for suite 3 and 4. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Zoned Commercial, this versatile space offers endless potential for a variety of uses. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Parcel for Suite 3 is 33-20-90-45-804-100.
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