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$199,000
4519 S Martin Luther King Jr Boulevard
Lansing, MI 48910
MLS# 24007091
6683 sqft


4519 S Martin Luther King Jr Boulevard, Lansing, MI 48910
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Property Description
Welcome to a culinary opportunity nestled in the heart of Lansing. This restaurant presents an exceptional opportunity for aspiring restaurateurs or seasoned investors seeking to acquire a new project. Situated on S MLK Blvd. this restaurant benefits from high foot traffic and excellent visibility, ensuring a steady flow of patrons. Don't miss out on this rare opportunity to own a premier dining establishment in the hear of Lansing. Whether you're looking to expand your portfolio or embark on a new culinary adventure, this property offers the perfect foundation for success. Take the first step towards realizing your culinary dreams and inquire today!

Details
Maps
Location & Property Info
County: Ingham
Street #: 4519
Street Direction: S
Street Name: Martin Luther King Jr
Suffix: Boulevard
State: MI
Zip Code: 48910
Cross Streets: Pierce Rd & Reo Rd
Property Sub-Type: Business Opportunity
Area: Outside MichRIC Area - Z
Municipality: Lansing City
Office/Contract Info
Status: Active
Current Price: $199,000
List Price: $199,000
Auction or For Sale: For Sale
List Price/SqFt: 29.78
Prop Avail for Lease?: No
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: Other
Listing Date: 2024-02-12
Current Bldg Use: Bar and Restaurant
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.57
Lot Square Footage: 24764
Lot Dimensions: 164 x 151
Year Built: 1980
Road Frontage: 164
Mineral Rights: Unknown
Total # Units: 2
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 6683
Total Net SqFt: 9000
Full Baths: 2
Waterfront: No
School District: Ingham
Tax Info
Tax ID #: 33-01-01-32-427-042
Taxable Value: 71811
SEV: 78200
For Tax Year: 2023
Annual Property Tax: 5878
Tax Year: 2023
Spec Assessment & Type: NONE
Non-Conforming Use: No
Remarks & Misc
Legal: LOT 27 & S 76 FT LOT 26 ALSO S 176 FT OF W 3 FT LOT 28 SONNENBERGS HALF ACRE SUB
Directions: Formerly Uli's Haus of Rock on South Martin Luther King BLVD.
Additional Details
Total Parking Spaces: 35
Ceiling Height: 12
SqFt Information
Total Bldg Retail Sq: 9000
Property Features
Uses: Bar/Tavern/Lounge; Professional Service; Recreation; Restaurant; Retail; Storage
Ownership: Corporation
Business Includes: Equipment; Furniture; Inventory; Real Estate
Construction Type: Block; Steel
Exterior Material: Brick; Stone
Roofing: Rubber
Below Grade: None
Additional Features: Barrier Free; Expandable
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Other
Docs Req Conf Agrmnt: Financials
Sale Conditions: Short Sale Possible

Listing Office: Zuiderveen, REALTORS LLC

Listing Agent: Nick Ailstock

Last Updated: February - 12 - 2024

4519 S Martin Luther King Jr Boulevard, Lansing, MI 48910 - MLS# 24007091
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.

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