Address
4519 S Martin Luther King Jr Boulevard, Lansing, MI
Price
$ 199,000
Property Attributes
  • MLS#24007091
  • TypeCommercial
  • CountyINGHAM
  • CityLansing
  • AreaLansing City
  • NeighborhoodLansing City
  • Zip48910
  • StyleBusiness
  • Year Built1980
  • Taxes$ 5878
  • Price$ 199,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.57 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Welcome to a culinary opportunity nestled in the heart of Lansing. This restaurant presents an exceptional opportunity for aspiring restaurateurs or seasoned investors seeking to acquire a new project. Situated on S MLK Blvd. this restaurant benefits from high foot traffic and excellent visibility, ensuring a steady flow of patrons. Don't miss out on this rare opportunity to own a premier dining establishment in the hear of Lansing. Whether you're looking to expand your portfolio or embark on a new culinary adventure, this property offers the perfect foundation for success. Take the first step towards realizing your culinary dreams and inquire today!

Price History
2/12/2024 Listed $199,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Phone Connected,Natural Gas Connected,
Roof Rubber
Construction Materials Brick,Stone
Year Built 1980
Township Lansing City
Property SubType Business
Tax Year 2023
Business Type Professional Service,Restaurant,Bar/Tavern/Lounge,Storage,Retail,Recreation
County Ingham
New Construction No
Property Type Commercial Sale
Attached Garage No
Building Features Barrier Free,Expandable
Status Active
Directions Formerly Uli's Haus of Rock on South Martin Luther King BLVD.
City Lansing
High School District Ingham
Total Units 2
MLS Area Outside MichRIC Area - Z
Lot Size Square Feet 24764.0
Waterfront Y/N No
Street Name Martin Luther King Jr
Land Lease Y/N No
Tax Annual Amount 5878.0
Lease Renewal Y/N No
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 101
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 71811
Ownership Type Corporation
MobileHomeRemainsYN No
Legal Description LOT 27 & S 76 FT LOT 26 ALSO S 176 FT OF W 3 FT LOT 28 SONNENBERGS HALF ACRE SUB
Senior Community None

Interior Features

Total Fireplaces 1
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 2
Street Suffix Boulevard
Electric On Property Y/N No
Total Baths 2

Exterior Features

Parking Features Paved
Water Source Public
Total Parking 35.0
Inclusions {u'Equipment': True,u'Real Estate': True,u'Inventory': True,u'Furniture': True}
Lot Size Area 0.57
Number of Buildings 1
Spa No
Building Area Total 6683.0
Lot Dimensions 164 x 151
Lot Size Acres 0.57
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48910

Price
AVG $380K
$200K
Taxes
AVG $10,559
$5,878
Visits
AVG 28
95
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1980

Your Agent

Listed By
Nick B Ailstock at Zuiderveen, REALTORS LLC - (269) 375-6777

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