Lansing Apartments

2199 Lansing St., Detroit, MI 48209

  • For Sale $2,990,000
  • Property Type Multi-Family
  • Property Size 36,009 SF
  • Units 45
  • Lot Size 0.42 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1925
  • Year Renovated 2024
  • Date Updated Feb 27, 2025
Discover the vibrant neighborhood surrounding the Lansing Apartments. Situated near the heart of the city, the location offers access to a diverse array of amenities. Just minutes away from downtown, this area is a hub for commercial and cultural activity. Investors will appreciate the proximity to renowned attractions such as the Detroit Institute of Arts, the historic Eastern Market, and the bustling Greektown district. With easy access to major highways and public transportation, this location offers convenience for both tenants and visitors. Experience the dynamic energy of Detroit while exploring the investment potential of this prime multifamily opportunityIntroducing a value-add investment opportunity in the heart of Detroit, MI: This multifamily mid-rise property at 2199 Lansing St. offers 36,009 SF of space, with 45 units, making it a promising asset for prospective investors. Built in 1925 and currently under some renovations, the property boasts a timeless appeal coupled with modern conveniences. Zoned CM, it presents versatile possibilities for development. With a 60% occupancy rate, there is significant potential for growth and increased returns. Don't miss the chance to capitalize on this sought-after asset in a thriving market, offering an ideal blend of history, charm, and future prosperity.
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Highlights

  • 36,009 SF mid-rise building
  • 45 units for multifamily use
  • Built in 1925, renovated in 2024
  • Zoned CM for versatile development options
  • Prime Detroit location
  • 60% occupancy with potential for growth

Contacts

broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Transit Score ®

    44/100 Some Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Vernor - Junction
  • Zip Code 48209
  • Market Detroit

Points of Interest

  • Checker Cab #977

    2.41 miles

  • West Riverfront

    2.46 miles

  • Huntington Place

    2.63 miles

  • Grand Circus Park

    2.73 miles

  • Sproat Street

    2.74 miles

  • Montcalm Street

    2.75 miles

  • Adelaide Street

    2.75 miles

  • Martin Luther King Junior Boulevard

    2.79 miles

  • Financial District

    2.80 miles

  • Mack Avenue

    2.81 miles

Frequently Asked Questions

How much does Lansing Apartments cost?

The space currently listed for sale at Lansing Apartments asks for $2,990,000.

What is the total square footage of Lansing Apartments?

Lansing Apartments totals 36,009 square feet.

When was this property built?

Lansing Apartments was built in 1925.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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