Lansing, MI Commercial Real Estate for Lease and Sale

Explore 290 listings of Lansing commercial real estate to find the best space for your business.

Comerica Building

101 North Washington Square, Lansing, MI
Property

Office

62,332 SF
Availability

9 Spaces

35,866 SF
Year Built

1931
For Lease

$18.50 - $30.00/SF/YR
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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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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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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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Office Coworking Retail Industrial

Office Retail Industrial Land
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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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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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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801 S Waverly Road

801 S Waverly Road, Lansing, MI
Property

Office

32,648 SF
Availability

10 Spaces

25,452 SF
Year Built

1986
For Lease

$13.00/SF/YR
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Miller Rd Parcel 1

2600 W Miller Rd, Lansing, MI
Property

VacantLand
For Sale

$159,900
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Brookside Plaza

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

Retail

24,176 SF
Availability

2 Spaces

3,200 SF
For Lease

$14.00/SF/YR
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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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3425 W Saginaw St

3425 W Saginaw St, Lansing, MI
Property

VacantLand
For Sale

$1,500,000
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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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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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3815 W St Joseph St.

3815 W St Joseph St., Lansing, MI
Property

Office

37,000 SF
Availability

4 Spaces

6,098 SF
For Lease

$14.00/SF/YR
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110 W Washtenaw

110 W Washtenaw , Lansing, MI
Property

Office

6,594 SF
Availability

1 Space

6,594 SF
For Lease Contact for pricing
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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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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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Office Warehouse Lansing For Sale

2321 West Main Street, Lansing, MI
Property

Industrial

6,087 SF
For Sale

$325,000
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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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2006 W. Willow Street

2006 W. Willow Street, Lansing, MI
Property

Retail

6,950 SF
For Sale

$599,900
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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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1020 S Creyts Rd

1020 S Creyts Rd, Waverly, Lansing, MI
Property

Office

19,485 SF
Year Built

1985
For Sale

$1,995,000
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3850 E Circle Drive (3850 Capital City Boulevard)

3850 Circle Drive, Lansing, MI
Property

Industrial
Availability

1 Space

8,360 SF
Year Built

1968
For Lease Contact for pricing
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The Venue

2010 East Michigan Avenue, Lansing, MI
Property

Retail

32,294 SF
For Sale Contact for pricing
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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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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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912 Centennial Way Suite 340

912 Centennial Way Suite 340, Waverly, Lansing, MI
Property

Office

826 SF
For Sale

$79,900
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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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Lansing 136

108 Hosmer, Lansing, MI
Property

Other

75,000 SF
For Sale Contact for pricing
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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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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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Benjamin, Lansing, Michigan - 2 Vacant Land Lots

Benjamin Drive, Lansing, MI
Property

Other
For Sale

$150,000
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International Center

633 E Jolly Rd, Lansing, MI
Property

Office

7,316 SF
Availability

5 Spaces

6,500 SF
Year Built

1969
For Lease

$12.00/SF/YR
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2919 S Cedar St

2919 S Cedar St, Lansing, MI
Property

Retail

7,050 SF
Year Built

1965
For Sale

$495,000
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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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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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Mixed Use Property City of Lansing

418 Baker Street, Lansing, MI
Property

Other

3,623 SF
For Sale

$150,000
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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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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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2000 North Larch Street

2000 North Larch Street, Lansing, MI
Property

Retail

12,000 SF
Availability

3 Spaces

11,500 SF
For Lease

$15.00/SF/YR
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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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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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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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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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Business Centre Drive Lansing Township Land G General Zoned

Business Centre Drive, Lansing, MI
Property

Industrial
For Sale

$39,000
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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/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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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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2600 S. Cedar St

2600 S. Cedar St, Lansing, MI
Property

Retail

5,200 SF
Availability

1 Space

960 SF
For Lease

$12.00/SF/YR
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Warehouse Building off St Joesph Lansing Twp

606 Lentz Court, Lansing, MI
Property

Industrial

2,240 SF
Availability

1 Space

2,240 SF
For Lease

$11.00/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 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 2,908,491 square feet. The market offers 74 active office listing(s), which amount to 824,258 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 804,324 square feet across 67 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,215,175 square feet across a total of 25 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	74	824,258
Retail	67	804,324
Industrial	25	1,215,175
Other	3	64,734

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 2,812,513 square feet of commercial property for sale here , which includes 28 office building(s) for sale , 28 retail investment opportunity listing(s) , and 27 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	28	760,115
Retail	28	270,423
Industrial	27	1,494,841
Other	47	287,134

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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