East Lansing Professional Offices

1905 Abbot Rd East Lansing, MI 48823

1905 Abbot Rd, East Lansing, MI, 48823
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FOR SALE
Property Type:
Medical/Healthcare
Amount:
$695,000
Last Verified:
Sep 26, 2023


Description

Discover a gem of commercial real estate in the heart of the vibrant City of East Lansing, mere moments away from the prestigious Michigan State University. Welcome to this exceptional multi-tenant office building, boasting a spacious 7,822 square feet of versatile workspace, strategically designed for optimum functionality.

Prime Location:

Situated in an enviable location just South of Lake Lansing Rd, 1905 Abbot Rd enjoys easy access to major thoroughfares, making it a strategically positioned gem for businesses seeking convenience and visibility. Surrounded by a lush, natural landscape, this building offers a serene retreat amidst the bustling city, creating an ideal working environment.

Income Potential:

This 4-unit multi-tenant office building provides an excellent opportunity for income generation. Currently, one of the units offers 1,733 square feet of space, perfect for an owner/user looking to establish their business presence. Alternatively, the space can be leased out to generate additional revenue, making this property an astute investment choice.

Under-Building Parking:

Say goodbye to the hassle of searching for parking, scraping snow off your car in the winter, or enduring the sweltering summer sun. 1905 Abbot Rd features the convenience of under-building parking, providing shelter and security for your vehicles year-round. Your clients and employees will appreciate this thoughtful amenity.

In summary, this is more than just an office building; it's a gateway to unlimited possibilities. Whether you're an entrepreneur looking for a headquarters or an investor seeking an income-producing asset, 1905 Abbot Rd offers the perfect combination of location, flexibility, and comfort.

Located on Abbot Rd just South of Lake Lansing Rd, this professional office building is right on the edge of a nature area in the middle of East Lansing.
The design of the building gives the added benefit of under building parking, providing cover from the elements for guests.
The suite welcomes visitors with a large reception area and built in workspace with custom curved countertop. A door separates the waiting room from the open workspace with windows and high ceilings. Three large offices and a smaller room surround the suite.


Year Built: 1989
Building Size: 7822sq ft
Building Class: B
Lot Size: 0.98 acres

Map of 1905 Abbot Rd, East Lansing, MI, 48823

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.