Lansing, MI Commercial Real Estate for Lease and Sale

Explore 297 listings of Lansing commercial real estate to find the best space for your business.

6400 W. St Joseph Hwy

6400 W. St Joseph Hwy, Waverly, Lansing, MI
Property

Retail

5,241 SF
Availability

1 Space

1,100 SF
For Lease

$12.00/SF/YR
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Former Rite Aid at Sparrow U of M Health System Lansing

1004 East Michigan Avenue, Lansing, MI
Property

Retail

11,678 SF
Availability

1 Space

11,678 SF
For Lease

$9.77/SF/YR
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1506 N Grand River Ave.

1506 N Grand River Ave, Lansing, MI
Property

Industrial

49,308 SF
Year Built

1941
For Sale

Negotiable
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Vacant Land Bell Street in Lansing

5 Bell Street, Lansing, MI
Property

Industrial
For Sale

$49,900
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Office Coworking Retail Industrial

Office Retail Industrial Land
3316 South Martin Luther King Junior Boulevard

3316 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

2,878 SF
Availability

1 Space

2,878 SF
Year Built

1962
For Lease

$12.00/SF/YR
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Office Warehouse Lansing For Sale

2321 West Main Street, Lansing, MI
Property

Industrial

6,087 SF
For Sale

$325,000
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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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C & N Plaza Retail Spaces for Lease

3233 West Saginaw Highway, Lansing, MI
Property

Retail

9,982 SF
Availability

2 Spaces

2,657 SF
For Lease

$12.00/SF/MO
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Executive Office Park - 3 Spaces Available

8158 - 8161 Executive Ct, Lansing, MI
Property

Office
Availability

1 Space

9,971 SF
Year Built

2003
For Lease Contact for pricing
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One Michigan Avenue

120 North Washington Square, Lansing, MI
Property

Office

157,548 SF
Availability

7 Spaces

40,750 SF
Year Built

1983
For Lease

$23.00/SF/YR
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Provident Place

2222 East Michigan Avenue, Lansing, MI
Property

Retail

24,798 SF
For Sale Contact for pricing
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1137 Haco Dr.

1137 Haco Dr., Lansing, MI
Property

Industrial

18,491 SF
Availability

1 Space

18,491 SF
Year Built

1928
For Lease

$5.50/SF/YR
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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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Crown Pointe Business Park

15851 S Old US 27, Saint Johns, Lansing, MI
Property

Office

5,000 SF
Availability

3 Spaces

10,000 SF
Year Built

1997
For Lease

$13.00/SF/YR
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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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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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Downtown Lansing Landmark Building

119 North Washington Square, Lansing, MI
Property

Office

46,517 SF
Year Built

1930
For Sale

$1,750,000
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Business Opportunity for Sale - Mancino's Non-Franchise Pizzeria & Italian Eatery

609 North Waverly Road, Waverly, Lansing, MI
Property

Unassigned
For Sale

$79,500
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603 Waverly Rd

603 Waverly Rd, Waverly, Lansing MI, MI
Property

Retail

2,253 SF
Availability

2 Spaces

3,589 SF
For Lease

$14.00/SF/YR
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N East Street Investment Real Estate

3405 North East Street, Lansing, MI
Property

Industrial

8,000 SF
Year Built

1947
For Sale

$292,327
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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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Cedar Square

5525 S Cedar Street , Lansing, MI
Property

Retail

12,600 SF
Availability

2 Spaces

6,000 SF
Year Built

1966
For Lease

$8.00/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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Mixed Use Property City of Lansing

418 Baker Street, Lansing, MI
Property

Other

3,623 SF
For Sale

$150,000
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Kaynorth & Lansing 74 Apartments

5531 Kaynorth Road, Lansing, MI
Property

Multi-Family

180,000 SF
For Sale

Subject To Offer
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Centennial Office Condo Unit 3

836 Centennial Way, Waverly, Lansing, MI
Property

Office

3,378 SF
For Sale

$325,000
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2 Unit Retail Strip with Billboard- Fully Leased

1568 E Cesar Chavez, Lansing, MI
Property

Retail

2,046 SF
For Sale

$299,900
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Chandler Plaza

300 East Michigan Avenue, Lansing, MI
Property

Office

43,875 SF
Availability

4 Spaces

43,875 SF
Year Built

1918
For Lease

$18.00/SF/YR
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60,422 SF Industrial Facility | For Lease

5522 N Aurelius Rd, Lansing, MI
Property

Industrial
Availability

1 Space

60,422 SF
Year Built

1969
For Lease Contact for pricing
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Southland Center

900 Southland, Lansing, MI
Property

Office

16,000 SF
Availability

2 Spaces

1,050 SF
Year Built

1968
For Lease

$10.66 - $32.00/SF/YR
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447 N Canal Road

447 N Canal Road, Waverly, Lansing, MI
Property

Office

14,000 SF
Availability

1 Space

6,066 SF
Year Built

1996
For Lease

$15.00/SF/YR
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Phoenix Building

222 North Washington Square, Lansing, MI
Property

Office

69,715 SF
Availability

4 Spaces

72,000 SF
Year Built

1988
For Lease

$18.00/SF/YR
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416 N Homer Street

416 N Homer Street, Lansing, MI
Property

Office

6,162 SF
Availability

1 Space

1,274 SF
For Lease

$15.50/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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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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Class A Office Building | Former Insurance Headquarters

5913 Executive Dr, Lansing, MI
Property

Office
Availability

1 Space

64,950 SF
Year Built

1982
For Lease Contact for pricing
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2909 & 2915 1/2 South Martin Luther King Junior Boulevard

2909 & 2915 1/2 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Office

4,050 SF
Year Built

1948
For Sale

$150,000
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Boji Tower

124 West Allegan Street, Lansing, MI
Property

Office

250,000 SF
Availability

8 Spaces

37,179 SF
Year Built

1929
For Lease

$22.00/SF/YR
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Knapp's Centre

300 S. Washington Square, Lansing, MI
Property

Office

126,856 SF
Availability

8 Spaces

22,493 SF
Year Built

1935
For Lease

$23.00/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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Marketplace Office Park

8161 Executive Ct, Lansing, MI
Property

Office

10,301 SF
Availability

1 Space

6,903 SF
Year Built

2001
For Lease

$14.00/SF/YR
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Washington Apartments

927 South Washington Avenue, Lansing, MI
Property

Multi-Family

43,335 SF
Year Built

1929
For Sale

$3,300,000
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FREESTANDING RETAIL BUILDING FOR LEASE - LANSING, MI

2919 S Cedar St, Lansing, MI
Property

Retail

6,955 SF
Availability

1 Space

6,955 SF
Year Built

1965
For Lease

$7.75/SF/YR
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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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200 S Washington Sq

200 S Washington Sq, Lansing, MI
Property

Retail

30,375 SF
Availability

1 Space

3,000 SF
Year Built

1923
For Lease

$20.00/SF/YR
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5436 S Cedar St

5436 S Cedar St, Lansing, MI
Property

Retail

2,667 SF
Year Built

1982
For Sale

$590,000
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Retail Center on Saginaw Near Lansing Mall

5023 W Saginaw, Waverly, Lansing, MI
Property

Retail

1,000 SF
Availability

2 Spaces

3,500 SF
For Lease

$9.12 - $12.00/SF/YR
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Single Tenant Light Industrial/Retail Building

5505 S Pennsylvania Ave, Lansing, MI
Property

Industrial

17,014 SF
Year Built

1968
For Sale

$1,100,000
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2510 Snow Road

2510 Snow Road, Lansing, MI
Property

Industrial

273,238 SF
Availability

1 Space

135,000 SF
Year Built

1999
For Lease

$6.95/SF/YR
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Business Centre Drive Lansing Township Land G General Zoned

Business Centre Drive, Lansing, MI
Property

Industrial
For Sale

$39,000
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3139-3145 S. Pennsylvania Ave

3139-3145 S. Pennsylvania Ave, Lansing, MI
Property

Office

7,222 SF
Availability

3 Spaces

5,750 SF
Year Built

1964
For Lease

$8.00 - $10.00/SF/YR
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Former Bank - Hard Corner City of Lansing

2521 S Cedar , Lansing, MI
Property

Office

2,328 SF
Year Built

1937
For Sale

$195,000
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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 2,584,209 square feet of office space across 103 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 2,400,464 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 4,289,643 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 2,771,885 square feet of available listings. Retail space available in Lansing adds up to 915,234 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 $14.51 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 $6.09 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 $32 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 35,401 square feet.
Retail properties here incorporate an average of 34,293 square feet.
Industrial space in Lansing is in buildings that are, on average 129,990 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 4,502,409 square feet. The market offers 75 active office listing(s), which amount to 785,312 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 898,127 square feet across 70 retail space(s). Industrial space for rent opportunities in Lansing amount to 2,798,231 square feet across a total of 28 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	75	785,312
Retail	70	898,127
Industrial	28	2,798,231
Other	3	20,739

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 3,091,446 square feet of commercial property for sale here , which includes 30 office building(s) for sale , 28 retail investment opportunity listing(s) , and 28 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	30	839,377
Retail	28	286,860
Industrial	28	1,473,126
Other	47	492,083

Lansing, MI Commercial Real Estate for Lease and Sale

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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