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Vacant Industrial Asset with Strong Upside 2120 S Washington Ave 116,000 SF Vacant Industrial Building Online Auction Sale Lansing, MI 48910
Investment Highlights
- Rare opportunity to acquire a 116,000-SF industrial asset in Lansing’s with strong highway access, nearby GM operations, and a skilled labor pool.
- Delivered vacant, offering investors or owner/users the opportunity to lease, occupy, or reposition a large industrial asset in a central location.
- Flexible layout with divisibility supports income generation through multiple tenants or phased occupancy strategies for investors and users alike.
- Immediate access to I-496 with connectivity to I-96, US 127, and I-69, supporting efficient regional connectivity across the Greater Michigan area.
- Functional industrial building with dock & grade-level loading, freight elevator, & divisible configuration for single- or multi-tenant occupancy.
- Well-maintained industrial asset with recent upgrades, including new roof (2004), LED lighting, and electrical improvements throughout.
Executive Summary
Martin Commercial Properties is pleased to present 2120 S Washington Avenue, a 116,000-square-foot industrial asset located just south of Downtown Lansing. Situated near the intersection of Washington Avenue and Mount Hope Avenue, the property benefits from strong access and connectivity within an established industrial corridor.
Designed for manufacturing and warehouse use, this two-story building features 16- to 18-foot clear heights and 440-volt / 600-amp 3-phase power. Two grade-level overhead doors (17 feet by 14 feet) serve four truck wells, allowing for convenient indoor truck loading. A below-grade abandoned rail spur with its own overhead door provides additional access potential, while a small office component supports administrative functions. The property also features more than 50 parking spaces, including trailer parking, along with a large freight elevator that provides access to the second floor from the loading area. The overall layout is easily divisible for multi-tenant or flexible occupancy, creating additional income potential for investors and/or owner/users.
Recent improvements include a new roof (2024), upgraded electrical service, and LED lighting throughout.
Located in the Washington Distribution Center area along South Washington Avenue, the property sits within Lansing’s established industrial corridor within the Lansing-East Lansing MSA, providing convenient access to Central Michigan and key regional highways. The property offers direct access to Interstate 496 (approximately 1.5 miles), with seamless connectivity to US-127 (approximately 3 miles), Interstate 96 (approximately 4.6 miles), and Interstate 69 (approximately 8 miles), supporting efficient regional distribution.
Air access is available via Capital Region International Airport (LAN), located approximately 4.5 miles from the property. Detroit Metropolitan Airport (DTW), the region’s primary air cargo hub, is approximately 89 miles away.
Surrounded by a diverse base of manufacturing, logistics, and advanced industrial companies, including General Motors’ Grand River Assembly Plant (approximately 2.5 miles away), the area is supported by a strong and reliable skilled workforce.
Delivered vacant, 2120 S Washington Avenue presents a value-driven opportunity for investors or owner/users seeking a functional, well-located industrial asset with leasing, occupancy, or repositioning potential.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Designed for manufacturing and warehouse use, this two-story building features 16- to 18-foot clear heights and 440-volt / 600-amp 3-phase power. Two grade-level overhead doors (17 feet by 14 feet) serve four truck wells, allowing for convenient indoor truck loading. A below-grade abandoned rail spur with its own overhead door provides additional access potential, while a small office component supports administrative functions. The property also features more than 50 parking spaces, including trailer parking, along with a large freight elevator that provides access to the second floor from the loading area. The overall layout is easily divisible for multi-tenant or flexible occupancy, creating additional income potential for investors and/or owner/users.
Recent improvements include a new roof (2024), upgraded electrical service, and LED lighting throughout.
Located in the Washington Distribution Center area along South Washington Avenue, the property sits within Lansing’s established industrial corridor within the Lansing-East Lansing MSA, providing convenient access to Central Michigan and key regional highways. The property offers direct access to Interstate 496 (approximately 1.5 miles), with seamless connectivity to US-127 (approximately 3 miles), Interstate 96 (approximately 4.6 miles), and Interstate 69 (approximately 8 miles), supporting efficient regional distribution.
Air access is available via Capital Region International Airport (LAN), located approximately 4.5 miles from the property. Detroit Metropolitan Airport (DTW), the region’s primary air cargo hub, is approximately 89 miles away.
Surrounded by a diverse base of manufacturing, logistics, and advanced industrial companies, including General Motors’ Grand River Assembly Plant (approximately 2.5 miles away), the area is supported by a strong and reliable skilled workforce.
Delivered vacant, 2120 S Washington Avenue presents a value-driven opportunity for investors or owner/users seeking a functional, well-located industrial asset with leasing, occupancy, or repositioning potential.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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- Operating and Financials
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Auction Sale | Year Built | 1951 |
| Type of Ownership | Fee Simple | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.43/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 3.35 AC | Parcel Number | 01-01-28-151-014 |
| Rentable Building Area | 116,000 SF | ||
| Zoning | I1 - Industrial | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.35 AC |
| Rentable Building Area | 116,000 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Tenancy | Single |
| Parking Ratio | 0.43/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I1 - Industrial |
| Parcel Number | 01-01-28-151-014 |
Amenities
- 24 Hour Access
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- Ground
- 116,000 SF
- Industrial
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| Ground | 116,000 SF | Industrial | Partial Build-Out | Now |
Ground
| Size |
| 116,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Detroit
672,662
85
1 h 40 m
Chicago
2,705,994
221
4 h 16 m
Indianapolis
867,125
245
4 h 34 m
Columbus
892,533
246
4 h 52 m
Nashville
669,053
533
9 h 50 m
Washington
702,455
578
11 h 4 m
Access and Labor Force
10 Miles
Total Population
321,370
Total Labor Force
174,650
Unemployment Rate
4.95%
Median Household Income
$66,530
Warehouse Employees
22,525
High School Education Or Higher
94.70%
Sale Advisor
Sale Advisor
Christopher Miller, Senior Vice President Industrial & Investment
As Senior Vice President – Industrial and Investment Advisor, Chris serves existing clients through the complex site selection, leasing, and sales process. Skilled in both tenant and landlord representation, Chris is eagerly cultivating new business and expanding client relationships. Additionally, with 15 years of experience in investment real estate, Chris Miller specializes in representing clients in the disposition and acquisition of investment properties in Mid and West Michigan. He has achieved the SIOR (Society of Industrial and Office Realtors) designation, joining an elite group of 3,300 members worldwide that are recognized as the most capable and experienced brokerage practitioners in any market.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Contact the Sale Advisor
Vacant Industrial Asset with Strong Upside | 2120 S Washington Ave
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Vacant Industrial Asset with Strong Upside | 2120 S Washington Ave
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