Lansing, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Lansing commercial real estate to find the best space for your business.

West Street Offices in Downtown Lansing

3513-3517 Ridge Road and 18241-18259 West Street, Lansing, IL
Property

Office

15,961 SF
For Sale

$925,000
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The Landings

16701 Torrence Avenue, Lansing, IL
Property

Retail

319,588 SF
Availability

16 Spaces

189,904 SF
Year Built

1986
For Lease Contact for pricing
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Lansing Square

17643-17681 Torrence Ave, Lansing, IL
Property

Retail

46,738 SF
Availability

2 Spaces

3,900 SF
Year Built

1990
For Lease

$24.00/SF/YR
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West Street Offices in Downtown Lansing

3513-3517 Ridge Road and 18241-18259 West Street, Lansing, IL
Property

Office

15,961 SF
Availability

1 Space

900 SF
For Lease

$1,600.00/MO
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17525 S. Torrence Ave.

17525 S. Torrence Ave., Lansing, IL
Property

Retail

25,461 SF
Availability

1 Space

25,461 SF
Year Built

1996
For Lease Contact for pricing
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2859 Bernice Road

2859 Bernice Road, Lansing, IL
Property

Industrial

6,046 SF
For Sale

Subject To Offer
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Torrence Commons

16901 Torrence Avenue, Lansing, IL
Property

Retail

22,315 SF
Availability

2 Spaces

5,367 SF
For Lease

$20.00/SF/YR
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Office/Flex with Development Potential

16475 Van Dam Rd, South Holland, IL
Property

Office

4,800 SF
Availability

1 Space

4,800 SF
Year Built

1990
For Lease

$20.00/SF/YR
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741 Hoffman St

741 Hoffman St, North Hammond, Hammond, IN
Property

Industrial

8,833 SF
Year Built

1917
For Sale

$765,000
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648 Progress Ave

648 Progress Ave, Munster, IN
Property

Industrial

29,217 SF
Availability

1 Space

9,000 SF
Year Built

1990
For Lease

$11.50/SF/YR
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Pacesetter Plaza

1000-1058 East 162nd Street, South Holland, IL
Property

Retail

33,654 SF
Year Built

1956
For Sale

$4,340,000
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SHEFFIELD'S RESTAURANT AND SPORTS BAR

1027 Sheffield Avenue, Dyer, IN
Property

Retail

9,848 SF
Availability

1 Space

3,109 SF
Year Built

1976
For Lease

$14.00/SF/YR
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2611 Highway Ave

2611 Highway Ave, Highland, IN
Property

Office

18,768 SF
Availability

1 Space

2,817 SF
Year Built

1973
For Lease

$14.00/SF/YR
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475 E 162nd St

475 E 162nd St, South Holland, IL
Property

Retail

21,538 SF
Year Built

1983
For Sale Contact for pricing
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611-25 Wentworth Ave.

611-25 Wentworth Ave., Calumet City, IL
Property

Retail

10,880 SF
Year Built

1971
For Sale

$799,000
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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 31,922 square feet of office space across 2 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 414,102 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 6,046 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 Retail space, which accounts for 223,432 square feet of available listings. Office space available in Lansing adds up to 1,050 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.

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 $24 per square foot.

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 15,961 square feet.
Retail properties here incorporate an average of 103,526 square feet.
Industrial space in Lansing is in buildings that are, on average 6,046 square feet in size.

Lansing, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lansing currently add up to 225,532 square feet. The market offers 1 active office listing(s), which amount to 900 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 224,632 square feet across 4 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	900
Retail	4	224,632

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, IL. Currently, there is 22,007 square feet of commercial property for sale here , which includes 1 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	15,961
Industrial	1	6,046

Lansing, IL Commercial Real Estate for Lease and Sale

West Street Offices in Downtown Lansing

The Landings

Lansing Square

West Street Offices in Downtown Lansing

17525 S. Torrence Ave.

2859 Bernice Road

Torrence Commons

Office/Flex with Development Potential

741 Hoffman St

648 Progress Ave

Pacesetter Plaza

SHEFFIELD'S RESTAURANT AND SPORTS BAR

2611 Highway Ave

475 E 162nd St

611-25 Wentworth Ave.

Frequently Asked Questions

Lansing, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lansing, IL 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, IL?

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

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

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, IL?

Lansing, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us