North Lansing Warehouse/Garage Space

3405 N East St Lansing, MI 48906

3405 N East St, Lansing, MI, 48906
3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906 3405 N East St, Lansing, MI, 48906
Property Type:
Last Verified:
Feb 20, 2024


Welcome to 3405 N East Street, a prime industrial warehouse property situated on .721 acres across two spacious lots. This versatile building offers 8,000 square feet of functional space, making it an ideal investment opportunity.

Key Features:

Industrial Warehouse: The building boasts a robust industrial design, perfect for various business needs.
Fully Leased: Currently, this property is a 3-tenant investment, fully leased and generating gross rents of $54,000 per year.
Impressive Cap Rate: With an 11% cap rate at the asking price, savvy investors will appreciate the solid returns.
Convenient Overhead Doors: The property features four overhead doors, ensuring easy access for loading and unloading.
High-Traffic Location: Positioned on bustling N East Street, this property enjoys excellent visibility and accessibility.
Corner Lot: Situated at the corner of Frederick Street, it offers maximum exposure for your business.
Whether you’re expanding your portfolio or seeking a reliable income stream, 3405 N East Street is a smart investment choice. Don’t miss out on this opportunity to own a thriving commercial property in Lansing’s vibrant North side!

N East St & E Frederick Ave, west of 127 and north of Lake Lansing Road, east of Turner Rd.

Year Built: 1947
Building Size: 8000sq ft
Lot Size: 0.48 acres

Map of 3405 N East St, Lansing, MI, 48906

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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.