5118 S Martin Luther King Jr Blvd 10,880 SF Retail Building Lansing, MI 48911 $850,000 ($78.13/SF)

Property Highlights
Freestanding former CVS building located at 5118 S. Martin Luther King Jr. Boulevard in Lansing, just south of the Michigan State Capitol.
10,880 SF building on 1.35 acres, offering a rare opportunity for a full-building user, medical operator, discount retailer, specialty grocer, service provider, or redevelopment concept.
Excellent frontage and visibility along S. Martin Luther King Jr. Boulevard with two points of access, making the site easy to identify and convenient for customers.
Located in an established Lansing retail corridor surrounded by national and local retailers, restaurants, service businesses, and dense residential neighborhoods.
MX-C Mixed-Use Urban Corridor zoning provides flexibility for a wide range of commercial and mixed-use concepts.
Strong nearby consumer base with approximately 151,987 people and 64,394 households within a 5-mile radius.
Significant daytime population with approximately 86,495 employees and 5,460 businesses within 5 miles.
Existing pharmacy box layout provides a highly adaptable floor plan with open retail area, back-of-house space, parking, loading/service access, and strong building identity.
The site offers a strong combination of size, access, visibility, parking, and corridor location, making it well-positioned for a variety of users looking to serve Lansing’s south side and central city trade area.