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500 Erie St 1,424 SF Retail Building Lansing, MI 48912 $195,000 ($136.94/SF)

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Investment Highlights

  • Heavy daytime traffic

Executive Summary

Office/retail building in the heart of downtown Lansing, perfect location for insurance agent, financial support, hair or nail stylist, or convenience store. This building offers several rooms or private offices; retail counter, small lobby area and basement, with great potential to be converted into any retail/office needs.
Building is located on Erie Street, between N Cedar Street and N Larch Street, across from the Lansing River Trail. Directly next to the newly built Stadium North Loft Apartment Complex, and surrounded by multiple mult-family complexes.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,424 SF
Building Class
C
Year Built
1989
Price
$195,000
Price Per SF
$136.94
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
H LT IN
Parking
4 Spaces (2.81 Spaces per 1,000 SF Leased)
Frontage
135’ on Erie St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,400 SF
  • Retail
  • -
  • 60 Days
Space Size Space Use Position Available
1st Floor 1,400 SF Retail - 60 Days

1st Floor

Size
1,400 SF
Space Use
Retail
Position
-
Available
60 Days
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
PNC Bank
Blimpie
BIGGBY Coffee
Meijer
Chase Bank
Storage Sense

Property Taxes

Property Taxes

Parcel Number
01-01-16-228-001
Land Assessment
$8,200
Improvements Assessment
$55,500
Total Assessment
$63,700
  • Listing ID: 39728504

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 500 Erie St, Lansing, MI 48912

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