$2,000,000

1060 Trowbridge Road, East Lansing, MI 48823

  • 3 baths |
  • 7,975 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $251/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fantastic Investment and Business Opportunity! This building offers 6 units with an overall square footage of 8000. Property includes an event center, restaurant, and food store. No vacant spaces, currently everything is occupied. Appliances stay. Furniture stays. Every 2 units combined is 1 unit: restaurant, food store, and banquet area. LEASE TERMS: Tenants pay the base rent plus property taxes, property insurance, and common area maintenance costs (for plus triple net lease). Currently 5 year lease terms. Rent is $4,000 for suite 1 and 2; $6000 for suite 3 and 4; $6000 for suite 5 and 6. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic.

Listing Status:
Active
Date Added:
September 10, 2025 at 05:00AM
Listing Office:
RE/MAX Real Estate Professionals : 517-339-8255
Listing Agent:
Gary R. Newton : 517-410-8307
MLS ID:
291137
  • Appliances: RefrigeratorOvenRange
  • Laundry: Other
  • Basement: None
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Style: Ranch
  • Parking: DrivewayGuestOff StreetOn SiteOpenOutsideParking LotPaved
  • General: Vinyl Siding17975.0
  • Road/Access: Paved
  • Originating MLS: Greater Lansing Association of REALTORS®
  • School District: East Lansing
  • County: Ingham
  • Zoning: PART OF LOT 1 SUNRISE CENTER CITY OF EAST LANSING DESC AS: BEG AT NW COR OF SD LOT 1 - S89D 36' 16''E ALNG N LOT LN 189.86 FT TO NE COR OF SD LOT 1 - S00D 24' 45''W ALNG E LOT LN 68.2 FT - N89D 54' 53''W 25 FT - S00D 24' 45''W 19.16 FT - N89D 36' 16''W 164.79 FT TO W LOT LN - N00D 21' 48''E 87.5 FT TO POB 0.37 A FOR 2020: ADDED FROM 33-20-01-24-122-01533-20-01-24-122-027
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Lansing Association of REALTORS®

This listing courtesy of Gary R. Newton, RE/MAX Real Estate Professionals

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Red Cedar School

1110 Narcissus Dr, East Lansing, MI, 48823

Grades PK-3

0.08 miles away

M

Macdonald Middle School

1601 Burcham Dr, East Lansing, MI, 48823

Grades 6-8

2.40 miles away

E

East Lansing High School

509 Burcham Dr, East Lansing, MI, 48823

Grades 9-12

1.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.