Auto Sales Lot for Sale

2937 South Martin Luther King Junior Boulevard Lansing, MI 48910

2937 South Martin Luther King Junior Boulevard, Lansing, MI, 48910
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FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$245,000
Last Verified:
Aug 08, 2024

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Description

Presenting an exceptional opportunity at 2937 S Martin Luther King Blvd in Lansing, MI, this prime auto sales lot is ideally situated on one of Lansing's busiest thoroughfares. The property features a 1,251 sq ft building, thoughtfully designed with a single drive-in bay, complemented by ample office space and restroom facilities. Spanning .386 acres, the entire site is covered with a concrete surface, providing an expansive automotive display area that comfortably accommodates over 50 vehicles. This location promises high visibility and traffic, making it an ideal setting for a thriving auto sales business in the heart of Lansing.

Presenting an exceptional opportunity at 2937 S Martin Luther King Blvd in Lansing, MI, this prime auto sales lot is ideally situated on one of Lansing's busiest thoroughfares. The property features a 1,251 sq ft building, thoughtfully designed with a single drive-in bay, complemented by ample office space and restroom facilities. Spanning .386 acres, the entire site is covered with a concrete surface, providing an expansive automotive display area that comfortably accommodates over 50 vehicles. This location promises high visibility and traffic, making it an ideal setting for a thriving auto sales business in the heart of Lansing.

North of W. Holmes Rd.
South of W. Mt. Hope Ave.
West of S. Washington Ave.
East of Pleasant Grove Rd.
All in Ingham County in the state of Michigan.


Year Built: 1959
Building Size: 1251sq ft
Lot Size: 0.39 acres

Units for Lease

Car Dealership Lot for Lease
Space Available: 1251 SF
Lease Type: NNN

Price Per Sqft/Month: $2000.00

Map of 2937 South Martin Luther King Junior Boulevard, Lansing, MI, 48910

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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.