Lansing, MI Commercial Real Estate for Lease and Sale

Explore 293 listings of Lansing commercial real estate to find the best space for your business.

24.44 Acres of Vacant Development Land

5977-6131 W Grand River Ave, Lansing, MI
Property

Other
For Sale

$1,300,000
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Former Career Quest

3215 S Pennsylvania Ave, Lansing, MI
Property

Office

27,898 SF
Availability

1 Space

27,898 SF
Year Built

1967
For Lease

$8.50/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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Old Town Freestanding Near Golden Harvest

1701 Turner Road, Lansing, MI
Property

Retail

2,705 SF
Availability

1 Space

2,705 SF
Year Built

1948
For Lease

$10.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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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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MMA Building

620 South Capitol Avenue, Lansing, MI
Property

Office

32,416 SF
Availability

1 Space

1,450 SF
Year Built

1993
For Lease

$22.00/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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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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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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Northport Drive Industrial Land 1.03 Acres

Northport Drive, Lansing, MI
Property

Industrial
For Sale

$129,000
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Retail Suite on W Saginaw

3233 W Saginaw St, Lansing, MI
Property

Retail

9,982 SF
Availability

1 Space

1,247 SF
Year Built

1995
For Lease Contact for pricing
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101 South Washington Square

101 South Washington Square, Lansing, MI
Property

Office

66,067 SF
Availability

3 Spaces

11,840 SF
Year Built

1965
For Lease

$20.00 - $23.00/SF/YR
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Industrial Building City of Lansing

326 Hosmer , Lansing, MI
Property

Industrial

4,000 SF
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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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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Benjamin, Lansing, Michigan - 2 Vacant Land Lots

Benjamin Drive, Lansing, MI
Property

Other
For Sale

$150,000
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2321 W Main St

2321 W Main St, Lansing, MI
Property

Office

6,087 SF
Year Built

1950
For Sale

$325,000
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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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3131 East Michigan Avenue

3131 East Michigan Avenue, Lansing, MI
Property

Retail

196,000 SF
Availability

1 Space

200,000 SF
Year Built

1953
For Lease Contact for pricing
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544 Cherbourg Drive & 6000 West St. Joseph Hwy

544 Cherbourg Drive, Waverly, Lansing, MI
Property

Office

48,839 SF
Availability

2 Spaces

7,485 SF
Year Built

1992
For Lease

$20.00/SF/YR
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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/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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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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750 N Cedar St

750 N Cedar St, Lansing, MI
Property

Retail

5,964 SF
Year Built

2005
For Sale

$675,000
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3940 N Grand River Ave

3940 N Grand River Ave, Lansing, MI
Property

Industrial

15,335 SF
Year Built

1962
For Sale

$999,000
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The Louie

123 West Allegan Street, Lansing, MI
Property

Office

94,930 SF
Availability

1 Space

7,436 SF
Year Built

1959
For Lease Contact for pricing
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Hollister Building

106 West Allegan Street, Lansing, MI
Property

Office

90,000 SF
Availability

4 Spaces

23,827 SF
Year Built

1890
For Lease

$20.00/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

$10.50 - $14.00/SF/YR
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I-96 Business Corridor Office Space

6520 Mercantile Way, Lansing, MI
Property

Office

28,000 SF
Availability

1 Space

12,518 SF
Year Built

1980
For Lease

$10.50/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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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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6040 South Martin Luther King Junior Boulevard

6040 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

3,410 SF
Year Built

1955
For Sale

$199,950
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5128 South Cedar Street

5128 South Cedar Street, Lansing, MI
Property

Office

60,534 SF
Availability

1 Space

2,000 SF
Year Built

1983
For Lease

$12.00/SF/YR
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South Lansing Office Suites

1000 Long Blvd, Lansing, MI
Property

Office

4,787 SF
Availability

6 Spaces

4,667 SF
For Lease

$9.50 - $53.33/SF/YR
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Logan Square

3222 S Martin Luther King Jr. Blvd, Lansing, MI
Property

Retail

277,802 SF
Availability

28 Spaces

153,344 SF
Year Built

1988
For Lease

$5.00 - $12.00/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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815 W Edgewood Blvd Ste F

815 W Edgewood Blvd Ste F, Lansing, MI
Property

Retail

17,965 SF
Availability

1 Space

1,520 SF
Year Built

2006
For Lease

$11.00/SF/YR
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405 N Clippert St

405 N Clippert St, Lansing, MI
Property

Retail

4,004 SF
Availability

1 Space

1,450 SF
Year Built

1976
For Lease

$18.00/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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1.5 Acres at State and US 27

15990 S Us Highway 27, Lansing, MI
Property

Retail

8,562 SF
Year Built

1995
For Sale

$385,000
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One Michigan Avenue
Regus
120 Washington Square Suite 300, Lansing, MI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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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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Verndale Office Park

6105 West St. Joseph Hwy, Waverly, Lansing, MI
Property

Office

131,501 SF
Availability

7 Spaces

30,835 SF
Year Built

1978
For Lease

$19.00/SF/YR
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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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Class A Office Building | Former Insurance Headquarters

5913 Executive Dr, Lansing, MI
Property

Office
Availability

2 Spaces

64,950 SF
Year Built

1982
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

$400.00 - $800.00/MO
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Grand River Parcels

Grand River Ave, Lansing, MI
Property

VacantLand
For Sale

$4,320,000
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FREESTANDING RETAIL BUILDING FOR LEASE - LANSING, MI

726 E Michigan Ave, Lansing, MI
Property

Retail

7,708 SF
Availability

1 Space

7,708 SF
Year Built

1926
For Lease

$7.00/SF/YR
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200 North Washington Square

200 North Washington Square, Lansing, MI
Property

Office

50,391 SF
Availability

3 Spaces

10,438 SF
Year Built

1978
For Lease

$24.00/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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2006 W. Willow Street

2006 W. Willow Street, Lansing, MI
Property

Retail

6,950 SF
For Sale

$599,900
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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 3,634,159 square feet of office space across 104 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 1,871,094 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 2,119,274 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 1,174,968 square feet of available listings. Office space available in Lansing adds up to 767,413 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 $14.21 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 $6.31 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 $237.25 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 38,255 square feet.
Retail properties here incorporate an average of 29,236 square feet.
Industrial space in Lansing is in buildings that are, on average 57,278 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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