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St Joseph St & S Walnut St Redevelopment 2 Office Properties Offered at $1,400,000 in Lansing, MI
Investment Highlights
- Zoned D1-Pro (Professional Office/High-Density Residential)
- Less than 0.5 miles from State Capitol
- Site is Qualified as Brownfield
Executive Summary
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.
With exceptional visibility and accessibility, the site boasts extensive frontage:
- W. Saint Joseph St: 330' frontage (1,807 ADT)
- S. Walnut St: 275' frontage (5,709 ADT)
- W. Hillsdale St: 230' frontage
This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub.
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.
With exceptional visibility and accessibility, the site boasts extensive frontage:
- W. Saint Joseph St: 330' frontage (1,807 ADT)
- S. Walnut St: 275' frontage (5,709 ADT)
- W. Hillsdale St: 230' frontage
This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub.
Property Facts
| Price | $1,400,000 | Number of Properties | 2 |
| Price / SF | $47.29 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 29,606 SF |
| Status | Active | Total Land Area | 3.55 AC |
| Price | $1,400,000 |
| Price / SF | $47.29 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 29,606 SF |
| Total Land Area | 3.55 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Main Office
320 W Saint Joseph St, Lansing, MI 48933 |
Office | 27,000 SF | 1920 | - |
| 611 S Walnut St, Lansing, MI 48933 | Office | 2,606 SF | - | - |
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St Joseph St & S Walnut St Redevelopment
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