5141 S MLK $900,000


    5141 S MLK Lansing, MI 48911

    • 43,241 sq. ft.
    • Commercial Sale
    • MLS# 30499556
    Favorite Share
    Views: 1093 Days On Site: 156

    Go Tour This Home

    Schedule A Showing

    Property Details

    This former bowling center is located on S Martin Luther King Blvd, just South of Jolly Road in Lansing. The site is 5.43 acres in overall size with parking for 400+ cars. The building has more than 43,000 sq ft of space, ready for your concept all under one roof. Zoning if mixed F Commercial and J Parking, City of Lansing. Multiple curb cuts, as well as rear entrance / access to adjoining street.

    • General Features
      • Rental Space Available 43241
      • Property subtypes Free-Standing Building,Restaurant
      • Sale terms Cash to Seller
      • Use types Investment
      • zoning F COMMERCIAL
      • zoning description SE'LY 50 FT LOTS 11 & 12, ALSO LOTS 13 THRU 18 EXC PARTS USED AS M-99 R/W, LOT 40 EXC E 108.6 FT, ALSO W 130 FT LOTS 41, 42 & 43, AND ALSO LOT 44 ; SUPERVISOR'S PLAT OF PROSPERITY FARMS
    • Building Features
      • Building status Existing
      • visibility Excellent
    • Property Features
      • land size max 5.43
      • land size min 5.43
      • land size unit ACRE


    Kari Dickenson

    Kari Dickenson

    Sales Associate

    RE/MAX Real Estate Professionals

    Direct: 517-819-6139


    48911 (Lansing) Demographics

    32 Median Age
    2,456 Population Density (per sq. mile)
    32% College Educated
    $39,522 Estimated Median Income
    7,928 Estimated Total Home Owners
    7,666 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    39,063 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $145,000 Median Sales Price
    60 Homes Sold
    50 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $900,000
        12/1/2020 1:18:00 PM New in Database Source New Value: $900,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2021 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.