Investment Opportunity - 14,880 SF Freestanding Industrial Facility

1149 S Pennsylvania Ave, Lansing, MI 48912

Property Information

  • For Sale $950,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 14,880 SF
  • Lot Size 0.62 SF
  • Date Updated Oct 1, 2026

Description

14,880 SF industrial facility with investment grade tenant, featuring 2,880 SF of warehouse space and 2,000 SF of office space and a functional layout suitable for a variety of industrial or distribution uses.

Financial Highlights:

  • Proven track records and stable occupancy with current tenant (Keystone Automotive Industries)
  • Lease in place through June 30, 2028
  • $78,119 NOI
  • 8.2% CAP

Key Features:

  • Full basement providing additional warehouse or storage capacity
  • Six (6) loading docks and one (1) grade-level door
  • Ample parking with approximately 30–40 spaces
  • Dual ingress/egress access via S Pennsylvania Ave and Haco Dr
  • Prominent pylon and building signage opportunities

Location Highlights:

  • Just 0.3 miles north of I-496
  • 0.5 miles east of Business 96
  • 2.2 miles east of US-127
  • High-visibility site along the S Pennsylvania retail corridor with traffic counts of approximately 15,042 AADT

Contacts

Location

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