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6820 S Cedar St
Lansing, MI 48911 Southeast Lansing

$750,000 USD

Hotel For Sale • 164,155 SF

Property Details

Property Type Hotel
Total Building Size 164,155 SF
Lot Size 7.75 AC
Building Class B
Year Built 1985
Zoning F Commerical

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                STARTING BID $750,000 | Causeway Bay Hotel | 300 Rooms | Lansing MI | AUCTION OCTOBER 5-7
                            
                                300-Room Hotel with Repositioning Upside: Five-story asset on ±11.52 acres has S-C zoning and multifamily/commercial conversion potential.
                            
                                ±26,000 SF Convention & Event Capacity: Meeting rooms, restaurant/bar, indoor pool, and business center create multiple revenue channels.
                            
                                Direct I-96 Access in Michigan's Capital: Interstate positioning connects the asset efficiently to downtown and regional demand generators.
                            
                                Significant RevPAR and Income Growth Upside: Year 1 pro forma projects $2.46M in room revenue and $689,877 NOI at just 30% occupancy.
                            
                                Surrounded by Major Lansing Demand Drivers: MSU, GM, McLaren, Hope Sports Complex, and the regional airport are all within ±10 miles.

Property Flyers

OM - Causeway Bay Hotel & Convention Center

Amenities

Business Center
Fitness Center
Pool
Restaurant
Room Service
Spa
High Speed Internet Access
Patio
On-Site Bar
Convention Hotel
Meeting Event Space
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
East Lansing Amtrak Station (Blue Water - Amtrak)	11 min	-	7.5 mi
Airport	Drive	Walk	Distance
Capital Region International	18 min	-	9.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	324
Type:	Surface
Included in Rent:	Yes

Adam Sklaver 301-706-4619 Marcus & Millichap

6820 S Cedar St Lansing, MI 48911 Southeast Lansing