Vacant Former CVS Building/Real Estate Auction in Lansing, MI
CVS
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Financial Details
- Asking Price:
- $100,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- Starting Bid
- Valuation Multiple:
- 1.0x
- Location:
- Lansing, MI, US
- Source:
- Date:
- October 21, 2025
Key Highlights
Prime corner location with high visibility (19,000+ vehicles daily) near Downtown Lansing.
Features a convenient drive-thru and dual entry/exit points for enhanced traffic flow.
Blank-canvas 10,880 SF property built in 2001, ideal for immediate redevelopment.
Description
This listing offers a significant investment opportunity to acquire a substantial 10,880 SF commercial property, formerly a CVS, located strategically in a high-traffic retail corridor in Lansing, MI. Situated just four miles south of Downtown, the site benefits from exceptional visibility at a lighted intersection, seeing over 19,000 vehicles per day. The property boasts premium features including a drive-thru capability and dual access points, making it ideal for various commercial uses, including quick-service restaurants, medical facilities, or general retail. The sale is being conducted via online auction starting at $100,000.
Industry Information
- Industry Description:
- Commercial Real Estate Sale of Former Drugstore
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2001
Real Estate & Lease
- Status:
- Auction
- Real Estate Price:
- $100,000 USD
Assets & Inventory
- Includes FF&E:
- No
- Includes Inventory:
- No
Broker Contact
- Name:
- Bill McLeod
- Phone:
- (313) 529-0985
Listing Details
- Listing ID:
- 8faf73fd-c0f7-4d7d-b6d5-9ebd3b19e65c
- Deal Status:
- For Sale
- Last Updated:
- October 21, 2025
- Currency:
- USD
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