Lansing, MI Commercial Real Estate for Lease and Sale

Explore 301 listings of Lansing commercial real estate to find the best space for your business.

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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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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Northport Drive Industrial Land 1.03 Acres

Northport Drive, Lansing, MI
Property

Industrial
For Sale

$129,000
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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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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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2130 W Holmes Rd

2130 W Holmes Rd, Lansing, MI
Property

VacantLand

33,683 SF
Year Built

1929
For Sale

Call for Price
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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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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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Vacant Land Bell Street in Lansing

5 Bell Street, Lansing, MI
Property

Industrial
For Sale

$49,900
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NEW RETAIL DEVELOPMENT

6200 S Pennsylvania Ave, Lansing, MI
Property

Retail
Availability

1 Space

1,752 SF
For Lease Contact for pricing
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Edgewood Towne Center

438 E. Edgewood Boulevard, Lansing, MI
Property

Retail

85,757 SF
Availability

5 Spaces

35,946 SF
For Lease Contact for pricing
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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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Business Centre Drive Lansing Township Land G General Zoned

Business Centre Drive, Lansing, MI
Property

Industrial
For Sale

$39,000
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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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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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700 E Kalamazoo St

700 E Kalamazoo St, Lansing, MI
Property

Industrial

32,937 SF
Year Built

1966
For Sale

$399,500
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3940 N Grand River Ave

3940 N Grand River Ave, Lansing, MI
Property

Industrial

17,135 SF
Year Built

1962
For Sale

$999,000
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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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2006 W. Willow Street

2006 W. Willow Street, Lansing, MI
Property

Retail

6,950 SF
For Sale

$599,900
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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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912 Centennial Way Suite 360

912 Centennial Way Suite 360, Waverly, Lansing, MI
Property

Office

2,110 SF
Availability

1 Space

2,110 SF
For Lease

$16.00/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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3850 E Circle Drive (3850 Capital City Boulevard)

3850 Circle Drive, Lansing, MI
Property

Industrial

8,360 SF
Year Built

1968
For Sale

$400,000
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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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Office Off South Cedar

6920 South Cedar Street, Lansing, MI
Property

Office

17,407 SF
Availability

2 Spaces

1,893 SF
For Lease

$10.00/SF/MO
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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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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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Meijer | In-Store Retail Space

5125 W. Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

221,130 SF
Availability

2 Spaces

1,496 SF
Year Built

1968
For Lease Contact for pricing
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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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Parcel 1 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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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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The Venue

2010 East Michigan Avenue, Lansing, MI
Property

Retail

32,294 SF
For Sale Contact for pricing
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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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Office Space For Lease - Lansing

7402 Westshire Dr, Waverly, Lansing, MI
Property

Office
Availability

1 Space

1,200 SF
Year Built

1982
For Lease Contact for pricing
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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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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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Suite 4B 3120 Sovereign Drive | 3,078 SF

3120 Sovereign Dr, Lansing, MI
Property

Office
Availability

1 Space

3,078 SF
Year Built

1994
For Lease Contact for pricing
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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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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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Centennial Office Condo Unit 3

836 Centennial Way, Waverly, Lansing, MI
Property

Office

3,378 SF
For Sale

$325,000
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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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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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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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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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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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Edgewood Technology Center

111 West Edgewood Blvd, Lansing, MI
Property

Office

48,089 SF
Availability

3 Spaces

11,200 SF
Year Built

1991
For Lease

$12.00/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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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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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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Mixed Use Property City of Lansing

418 Baker Street, Lansing, MI
Property

Other

3,623 SF
For Sale

$150,000
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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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Holcim Terminal

1930 Turner Rd, Lansing, MI
Property

Industrial
For Sale

$399,000
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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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