Lansing, MI Commercial Real Estate for Lease and Sale

Explore 324 listings of Lansing commercial real estate to find the best space for your business.

WESCO

3440 Dunckel Rd, Lansing, MI
Property

Industrial

25,000 SF
Year Built

2001
For Sale

Package Price: $4,680,000
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Retail Space with Potential Drive-Up Window Just Off US 127

2840 E Saginaw St, Lansing, MI
Property

Retail

5,280 SF
Availability

1 Space

4,050 SF
Year Built

1991
For Lease

$24.00 - $32.00/SF/YR
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Lansing Towne Center

5415-5503 W. Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

111,715 SF
Availability

6 Spaces

16,693 SF
For Lease Contact for pricing
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5002 W Saginaw Hwy

5002 W Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

36,000 SF
Year Built

1969
For Sale

$3,250,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
Washington Distribution Center

2120 S. Washington Avenue, Lansing, MI
Property

Industrial

114,037 SF
Availability

1 Space

114,037 SF
Year Built

1951
For Lease

$4.50/SF/YR
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Freestanding Retail Opportunity

6020 S Cedar St, Lansing, MI
Property

Retail

2,467 SF
Year Built

1939
For Sale

$150,000
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Auto Sales Lot for Sale

2937 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

1,251 SF
Availability

1 Space

1,251 SF
Year Built

1959
For Lease

$2,000.00/SF/YR
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801 S Holmes St

801 S Holmes St, Lansing, MI
Property

Office

1,519 SF
Year Built

1957
For Sale

$99,900
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Former Career Quest

3215 S Pennsylvania Ave, Lansing, MI
Property

Office

27,898 SF
Year Built

1967
For Sale

$2,295,000
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915 Centennial Way

915 Centennial Way, Waverly, Lansing, MI
Property

Office

10,132 SF
Availability

2 Spaces

8,403 SF
Year Built

1995
For Lease

$15.00/SF/YR
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620 South Creyts Road

620 South Creyts Road, Waverly, Lansing, MI
Property

Retail

5,241 SF
Availability

1 Space

1,116 SF
For Lease

$14.00/SF/YR
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Affordable office space for lease

3310 Bardaville Dr, Lansing, MI
Property

Office

5,280 SF
Availability

1 Space

1,500 SF
Year Built

1971
For Lease

$300.00 - $1,500.00/SF/YR
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Holiday Office Park

6546 Mercantile, Lansing, MI
Property

Office

20,000 SF
Availability

1 Space

5,000 SF
For Lease

$10.00/SF/YR
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Brookside Plaza

707-739 Brookside Drive, Waverly, Lansing, MI
Property

Retail

24,176 SF
Availability

1 Space

1,600 SF
For Lease

$14.00/SF/YR
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228 S. Washington Sq

228 S. Washington Sq, Lansing, MI
Property

Office

12,033 SF
Availability

1 Space

3,083 SF
Year Built

1925
For Lease Contact for pricing
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Former Rite Aid

2701 South Cedar Street, Lansing, MI
Property

Retail

11,230 SF
Year Built

1996
For Sale

Inquire With Broker For Pricing
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Second Floor Office Space Available Above Starbucks

2624 Lake Lansing Rd, Lansing, MI
Property

Office
Availability

1 Space

4,639 SF
For Lease Contact for pricing
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Lansing 74

5500 Kaynorth Road, Lansing, MI
Property

Other

57,202 SF
For Sale Contact for pricing
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Former Flapjack | For Sale or Lease

1601 S Waverly Rd, Lansing, MI
Property

Retail
Availability

1 Space

6,043 SF
Year Built

1992
For Lease Contact for pricing
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8164 Executive Ct

8164 Executive Ct, Lansing, MI
Property

Office

13,360 SF
Availability

1 Space

7,635 SF
Year Built

2002
For Lease

$15.00/SF/YR
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625 & 635 S. Waverly Rd

625 & 635 S. Waverly Rd, Lansing, MI
Property

Retail

13,199 SF
Availability

2 Spaces

2,610 SF
Year Built

1977
For Lease

$9.00 - $14.00/SF/YR
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Parcel 2 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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5505 S Pennsylvania Ave

5505 S Pennsylvania Ave, Lansing, MI
Property

Industrial

17,014 SF
Year Built

1968
For Sale

$1,100,000
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623 E. Michigan Ave

623 East Michigan Avenue, Lansing, MI
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
Year Built

1908
For Lease

$1,400.00/MO
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Professional Office on Lake Lansing Rd

1568 Lake Lansing Rd, Lansing, MI
Property

Office

2,913 SF
Availability

1 Space

3,220 SF
Year Built

1978
For Lease

$22.00/SF/YR
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Industrial Cross Dock Lansing Township

3333 West Saint Joseph Street, Lansing, MI
Property

Industrial

13,560 SF
Availability

1 Space

9,160 SF
For Lease

$9.37/SF/YR
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Edgewood Blvd Retail For Lease

815 West Edgewood Boulevard, Lansing, MI
Property

Retail

17,965 SF
Availability

2 Spaces

2,195 SF
For Lease

$11.00 - $13.00/SF/YR
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1020 S Creyts Rd

1020 S Creyts Rd, Waverly, Lansing, MI
Property

Office

19,485 SF
Availability

4 Spaces

38,970 SF
Year Built

1985
For Lease

$14.00/SF/YR
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Large Westside Office Space Available

5123 W St Joe Hwy, Lansing, MI
Property

Office

5,183 SF
Availability

1 Space

1,750 SF
For Lease

$12.88/SF/YR
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Office Building For Lease West Lansing

3721 W Michigan , Lansing, MI
Property

Office

17,498 SF
Availability

5 Spaces

2,772 SF
For Lease

$300.00 - $1,273.00/SF/YR
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Former Flapjack | For Sale or Lease

1601 S Waverly Rd, Lansing, MI
Property

Retail

6,043 SF
Year Built

1992
For Sale Contact for pricing
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6240 - 6258 W. Saginaw Hwy

6240 - 6258 W. Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

15,352 SF
Availability

2 Spaces

4,430 SF
For Lease

$12.00/SF/YR
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Move In Condition Salon Space

3500 S Cedar St, Lansing, MI
Property

Retail

33,106 SF
Availability

1 Space

1,200 SF
For Lease

$12.00/SF/YR
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Parcel 1 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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Ground Lease - High Traffic & Excellent Visibility

2750 Preyde Blvd, Lansing, MI
Property

Other
Availability

1 Space

12,400 SF
For Lease Contact for pricing
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Lansing Industrial Center

111 W Mount Hope Ave, Lansing, MI
Property

Industrial

15,664 SF
Availability

1 Space

15,664 SF
Year Built

2004
For Lease

$7,000.00/MO
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2500-2510 Kerry Street

2500 Kerry Street, East Lansing, MI
Property

Office

40,724 SF
Availability

3 Spaces

4,280 SF
Year Built

1985
For Lease

$20.00/SF/YR
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2960 Ena Drive

2960 Ena Drive, Lansing, MI
Property

Industrial

86,575 SF
Availability

1 Space

14,267 SF
For Lease

$6.50/SF/YR
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2510 E Michigan Ave

2510 E Michigan Ave, Lansing, MI
Property

Retail

5,778 SF
Availability

2 Spaces

5,778 SF
Year Built

1959
For Lease

$10.00 - $12.00/SF/YR
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511 E Hazel St

511 E Hazel St, Lansing, MI
Property

Retail

1,604 SF
Year Built

1947
For Sale

$150,000
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0 Ena Dr

0 Ena Dr , Lansing, MI
Property

Industrial

30,000 SF
Availability

1 Space

216,928 SF
For Lease Contact for pricing
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6639 Centurion Dr

6639 Centurion Dr, Waverly, Lansing, MI
Property

Office

15,779 SF
Availability

2 Spaces

3,207 SF
Year Built

1999
For Lease

$16.00/SF/YR
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Hollister Building

106 West Allegan Street, Lansing, MI
Property

Office

90,000 SF
Availability

3 Spaces

22,792 SF
Year Built

1890
For Lease

$20.00/SF/YR
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Marketplace Office Park

8158 Executive Ct, Lansing, MI
Property

Office

6,137 SF
Availability

2 Spaces

2,473 SF
Year Built

2003
For Lease

$14.00/SF/YR
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Holiday Office Park: 6810 S Cedar St

6810 S Cedar St, Lansing, MI
Property

Retail

3,334 SF
Availability

4 Spaces

4,966 SF
Year Built

1971
For Lease Contact for pricing
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2510 E Michigan Ave

2510 E Michigan Ave, Lansing, MI
Property

Retail

5,778 SF
Year Built

1959
For Sale

$495,000
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Holiday Office Park

6545 Mercantile Drive, Lansing, MI
Property

Office

79,904 SF
Availability

1 Space

7,600 SF
Year Built

1974
For Lease

$10.00 - $18.00/SF/MO
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1213 Center St

1213 Center St, Lansing, MI
Property

Retail

12,981 SF
Availability

2 Spaces

12,981 SF
Year Built

1912
For Lease

$19.75/SF/YR
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Office Park West

526, 612, 616 S. Creyts Road, Waverly, Lansing, MI
Property

Office

5,035 SF
Availability

1 Space

1,003 SF
Year Built

1991
For Lease

$14.00/SF/YR
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Capitol Commerce Center

6500 Centurion Dr, Waverly, Lansing, MI
Property

Office

11,172 SF
Availability

5 Spaces

7,948 SF
Year Built

1995
For Lease

$15.00/SF/YR
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610 E. Cesar E. Chavez Ave

610 E. Cesar E. Chavez Ave, Lansing, MI
Property

Office

5,622 SF
For Sale

$250,000
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Denniston Building

6035 Executive Dr, Lansing, MI
Property

Office

19,392 SF
Availability

5 Spaces

19,473 SF
Year Built

1974
For Lease

$8.00 - $9.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lansing commercial real estate market incorporates 3,817,170 square feet of office space across 111 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lansing commercial real estate market includes 2,102,851 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lansing market, there is a total of 2,641,375 square feet of industrial property.

The listing inventory in Lansing incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lansing is represented by Industrial space, which accounts for 1,324,552 square feet of available listings. Office space available in Lansing adds up to 836,651 square feet.

Meanwhile, most of the listings of commercial property for sale in Lansing are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lansing is $14.31 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lansing can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.54 per square foot, industrial space in Lansing saw average rents of $5.92 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lansing, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $53.33 per square foot. In particular, the property type commanding the highest lease rates in Lansing was Office space.

Conversely, the highest sale price last year was $3,900,000 that is located at 5913 Executive Drive.

The average size of a commercial property in Lansing depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lansing, the average size of an office property is 38,172 square feet.
Retail properties here incorporate an average of 26,619 square feet.
Industrial space in Lansing is in buildings that are, on average 67,728 square feet in size.

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lansing currently add up to 2,785,171 square feet. The market offers 80 active office listing(s), which amount to 808,500 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 712,969 square feet across 68 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,052,184 square feet across a total of 25 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	80	808,500
Retail	68	712,969
Industrial	25	1,052,184
Other	4	211,518

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lansing, MI. Currently, there is 2,369,697 square feet of commercial property for sale here , which includes 31 office building(s) for sale , 29 retail investment opportunity listing(s) , and 26 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	31	749,393
Retail	29	216,952
Industrial	26	1,268,845
Other	36	134,507

Lansing, MI Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lansing, MI?

What factors affect the price of commercial real estate in Lansing, MI?

What is the average rent for commercial space in Lansing, MI?

What are the best areas for commercial real estate in Lansing, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lansing, MI?

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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