Commercial Real Estate for Sale in Lansing, Michigan

Browse 132 commercial real estate for sale in Lansing, Michigan (MI) with an average asking sale price of $101 per SF and an average size of 13,166 SF.

Current Inventory132
Average Available Size13,166 SF
Total Available Size605.6K SF
Average Asking Price$953,328
930 E Michigan Ave listing image
Sale InvestmentRetail

930 E Michigan Ave

930 E Michigan Ave, Lansing, MI 48912

  • $422.3K
  • 2,973 SF building
  • 0 ac
  • 8.00% cap rate

Presenting a turnkey, income-generating commercial investment property offered at an attractive 8% capitalization rate. Situated at 930 E Michigan Avenue in Lansing, Michigan, this strategic location benefits from high-density traffic and exceptional proximity to key city drivers, sitting directly across the street from University of Michigan Health - Sparrow and within walking distance of the State Capitol building. The property includes a corporate lease structure signed with Safelite Auto Glass and subleased to long-term occupant Henderson Glass, providing stable, multi-layered tenant security. Capitalize on predictable cash flow in a rapidly developing commercial corridor with low landlord maintenance responsibilities. Prime Corridor Location: Located on East Michigan Avenue, directly across from University of Michigan Health - Sparrow and walking distance to the Michigan State Capitol.Lease Structure: Corporate lease backed by Safelite Auto Glass and currently subleased to Henderson Glass.Long-Term Extension & Growth: Extended lease term in place through August 2028 with scheduled annual rent escalations and a 5-year renewal option.Favorable Lease Terms: Tenant is responsible for day-to-day maintenance, interior repairs, HVAC, utilities, snow removal, landscape care, property insurance, and real estate taxes.Zoning & Utility: Approved for commercial/replacement glass operations and additional versatile uses permitted under Lansing Zoning Ordinances.

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Sale Office

Southwind Office Park

913 W Holmes Rd, Lansing, MI 48910

  • $2.5M
  • 61,000 SF building
  • 4 ac

±61,000 SF medical / professional multi-tenant office building located in Lansing, MichiganRezoned for mixed-use, featuring first-floor commercial tenants and potential second-floor residential unitsPriced significantly below replacement costNew LED lighting, exterior paint, and annual parking lot sealcoating & restripingLocated adjacent to a 65,000 SF Kroger supermarket (shared parking lot); surrounded by commercial, medical, and residential±3.77 acre parcel with 130+ dedicated parking spacesLansing, MI is home to Michigan State University (55,000 students & faculty), as well as the Michigan State Capitol

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Sale Land

2300 Lake Lansing Rd

2300 Lake Lansing Rd, Lansing, MI 48912

  • $5M
  • 7 ac

Prime Redevelopment Opportunity: 7.25-acre site located at 2300 Lake Lansing Road in Lansing, MI — ideal for mixed-use, retail, multifamily, or medical redevelopmentExceptional Visibility & Access: Prominent frontage along Lake Lansing Road with dedicated traffic light access, ensuring easy ingress/egress and strong daily traffic countsUnmatched Location: Directly across from Eastwood Towne Center, mid-Michigan’s premier open-air shopping and entertainment destination featuring retail, dining, hotel, and residential componentsHigh-Density Trade Area: Surrounded by national retailers, restaurants, apartments, and office users — drawing consistent consumer traffic from Lansing, East Lansing, and nearby Michigan State UniversityDevelopment-Friendly Zoning & Site Configuration: The parcel’s generous size and existing infrastructure provide flexibility for a variety of redevelopment concepts — including retail, restaurant, medical, multifamily, or mixed-use (subject to municipal approvals)Strong Market Fundamentals: Lansing’s north retail corridor continues to see robust demand with limited available land — offering long-term value and multiple exit strategies for developers and investors

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St Joseph St & S Walnut St Redevelopment listing image
Sale Multifamily

St Joseph St & S Walnut St Redevelopment

320 W St Joseph St, 611 S Walnut St, Lansing, MI 48933

  • $1.2M
  • 18,494 SF building
  • 2 ac

This 1.77-acre assembled portfolio represents a premier redevelopment flagship in the heart of Lansing’s core. Strategically zoned DT-3, the site is optimized for high-density residential or mixed-use projects, situated less than a half-mile from the Michigan State Capitol.Notably, the site qualifies as a Brownfield, offering incentives for developers. The location is anchored by a proven track record of successful high-density neighbors, including Fountain Place (108 units), REO Town Apartments (112 units), and the luxury lofts at The Arbaugh.This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub. The site boasts extensive exceptional visibility and accessibility:W. Saint Joseph St: 330' frontage (1,807 ADT)S. Walnut St: 275' frontage (5,709 ADT)W. Hillsdale St: 230' frontage

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Fully Leased Industrial Investment Lansing listing image
Sale Investment

Fully Leased Industrial Investment Lansing

207 Bell St, Lansing, MI 48906

  • $499.9K
  • 5,640 SF building
  • 0 ac
  • 8.25% cap rate

An exceptional opportunity to acquire a fully leased, two-building industrial asset in the City of Lansing. Benefiting from rare heavy industrial zoning under Lansing's Form-Based Code (Suburban Industrial), this property caters to high-demand industrial, flex, warehouse, and service uses.The asset offers immediate, stable cash flow leased to two established tenants under NNN-style terms, leaving minimal landlord operational responsibilities. Tenants handle 100% of direct utility usage, snow removal, trash, lawn care, and routine maintenance per lease terms. With an efficient operating structure and a high expense recovery ratio, this property provides a hands-off, cash-flowing addition to any commercial portfolio.Seller is a licensed Salesperson in the State of Michigan and California Two Buildings, One Site: Comprises two distinct industrial structures totaling 5,640 rentable square feet across Suite A (207 Bell St – 4,440 SF) and Suite B (205 Bell St – 1,200 SF).Heavy Industrial / Suburban Industrial Zoning: Flexible industrial zoning under Lansing’s Form-Based Code, accommodating intensive commercial, manufacturing, storage, and service operations.100% Fully Leased to 2 Tenants: Dual-tenant stabilityLow Landlord Responsibility: NNN structure where tenants are responsible for 100% of direct utilities, trash, snow removal, lawn care, janitorial, and routine repairs/maintenance.High Expense Recovery Ratio: 73.6% of property operating expenses are recovered directly from tenants via tax and insurance reimbursements.Gated & Fenced Lot: Fully fenced site featuring dedicated yard space, gate access, drive-in bay doors, and functional truck/loading access.Flexible Interior Layouts: Features warehouse storage, overhead drive-in doors, power infrastructure, and updated office/living quarter spaces.

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