Vacant Former CVS Building/Real Estate Auction in Lansing, MI

CVS

View Original Listing

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