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Investment Highlights
- Positioned along West Michigan Avenue with strong corridor visibility.
- Private offices, conference rooms, and reception areas throughout.
- Two utility meters support potential multi-tenant occupancy.
- Multi-suite layout supports owner-user or investment strategies.
- Front and rear access points improve operational flexibility.
- Convenient access to I-496, Downtown Lansing, and regional amenities.
Executive Summary
Located along West Michigan Avenue in Delta Township, this office property presents an opportunity for investors and owner-users seeking a flexible commercial asset in the Lansing market. The bi-level building is positioned on a highly visible corridor near the Waverly Road and Michigan Avenue area, providing convenient access to I-496, Downtown Lansing, the Michigan State Capitol area, and surrounding business districts. The property's location supports accessibility for employees, clients, and service providers while benefiting from established commercial activity throughout the corridor.
The building is configured to accommodate a variety of office users through multiple independent office suites, private offices, conference rooms, and dedicated reception or waiting areas. This layout creates flexibility for multi-tenant occupancy, professional service firms, medical office users, or a single owner-occupant seeking room for future growth. Two separate utility meters support multi-tenant functionality, while the interior arrangement offers the ability to adapt portions of the building to evolving occupancy needs.
Additional features include multiple single-stall restrooms distributed throughout both levels, front and rear building access, and parking areas that support staff and visitor circulation. The property's visibility, adaptable floor plan, and established location within the Lansing metropolitan area provide a foundation for both occupancy and investment strategies. Nearby retail, dining, financial services, and neighborhood amenities contribute to daily convenience and support business operations in this established commercial corridor.
The building is configured to accommodate a variety of office users through multiple independent office suites, private offices, conference rooms, and dedicated reception or waiting areas. This layout creates flexibility for multi-tenant occupancy, professional service firms, medical office users, or a single owner-occupant seeking room for future growth. Two separate utility meters support multi-tenant functionality, while the interior arrangement offers the ability to adapt portions of the building to evolving occupancy needs.
Additional features include multiple single-stall restrooms distributed throughout both levels, front and rear building access, and parking areas that support staff and visitor circulation. The property's visibility, adaptable floor plan, and established location within the Lansing metropolitan area provide a foundation for both occupancy and investment strategies. Nearby retail, dining, financial services, and neighborhood amenities contribute to daily convenience and support business operations in this established commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,766 SF
Building Class
B
Year Built
1970
Price
$300,000
Price Per SF
$52.03
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,883 SF
Building FAR
0.37
Lot Size
0.35 AC
Zoning
Commercial
Parking
30 Spaces (5.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 040-043-601-531-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $86,900 |
Property Taxes
Parcel Number
040-043-601-531-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$86,900
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