Active For Sale / Lease OfficeHealthcare

1500 Watertower Pl

1500 Watertower Pl, East Lansing, MI, 48823

ID 47c2cfa2

Overview

For sale or lease: Turnkey 2,816 sq ft former podiatry office condominium unit at 1500 Watertower Place, East Lansing, MI 48823.The professional medical space includes a practical layout with two restrooms (one with a shower for added convenience), a dedicated X-ray room, a welcoming waiting area with a built-in reception desk, and a separate check-out area to ensure efficient patient flow and privacy. As a condo unit, all common area maintenance—such as landscaping, snow removal, and exterior upkeep—is professionally managed by the association, reducing ownership burdens. The building maintains an exclusive all-medical tenant mix, promoting collaboration and potential referrals among healthcare professionals.Located in a prime East Lansing corridor, the property offers excellent accessibility near major roadways like US-127 and I-496, close to Michigan State University (with its large student and faculty population) and Sparrow Hospital, supporting a robust patient base in the Greater Lansing area. The surrounding neighborhood provides convenient amenities for staff and visitors alike: nearby shopping options include Eastwood Towne Center (with upscale retailers, home goods, and dining) and Meridian Mall areas, while abundant restaurants range from casual spots like HopCat, Crunchy's, and The Peanut Barrel to diverse eateries offering everything from pub fare and sushi to international cuisine. East Lansing's population hovers around 48,000–49,000 residents (with recent estimates near 49,435 in 2026), bolstered by a youthful, educated demographic tied to MSU—creating a vibrant, stable environment ideal for medical, dental, therapy, or similar practices. This move-in-ready unit in a prestigious healthcare-focused building represents a strong opportunity to join the community.

Available Spaces

Unit 3

Available SF
2,816 SF
Rate
$16 SF/Year
Status
Available

Additional Information

City
East Lansing
State
MI
Zip Code
48823
Primary Uses
Office, Healthcare
Secondary Uses
Medical, Business Park, Office Building
Zoning
PO
Zoning Description
Professional Office
Building Class
A
Year Built
2,008
Lease Type
NNN
Expenses
$6.18/SF
Tax Year (Actual)
2,025
Signage
On Building and Monument
Showing
Contact Broker/Agent
Tenant
Lansing Podiatry
Average Occupancy Rate
100%