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.

38-Acres Vacant Land in Delta Township

Pierson Highway, Lansing, MI
Property

Other
For Sale

$1,750,000
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Edgewood Technology Center

111 West Edgewood Blvd, Lansing, MI
Property

Office

44,397 SF
Year Built

1991
For Sale

$2,200,000
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Lansing Towne Center

5415-5503 W Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

111,715 SF
Availability

7 Spaces

18,783 SF
For Lease Contact for pricing
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2 Felton Rd

2 Felton Rd, Lansing, MI
Property

VacantLand

20.5 Acre
For Sale Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Snow Road @ Pierson Hwy

Snow Road @ Pierson Hwy, Lansing, MI
Property

Industrial

200,000 SF
Availability

1 Space

200,000 SF
For Lease

$6.00/SF/YR
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MERS Capitol Park #8

Municipal Way, Waverly, Lansing, MI
Property

VacantLand

2.27 Acre
For Sale

$172,000/Acre
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840 E Oakland Ave

840 E Oakland Ave, Lansing, MI
Property

Industrial

58,412 SF
Year Built

1964
For Sale

$2,775,000
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730 Elmwood Road

730 Elmwood Rd, Waverly, Lansing, MI
Property

Retail

10,323 SF
For Sale

$995,000
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2905 W Saginaw St

2905 W Saginaw St, Lansing, MI
Property

VacantLand

0.61 Acre
For Sale

$170,000
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602 Elmwood Rd

602 Elmwood Rd, Waverly, Lansing, MI
Property

Retail

4,281 SF
Availability

1 Space

1,100 SF
For Lease

$14.00/SF/YR
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3420 S Creyts Rd

3420 S Creyts Rd, Lansing, MI
Property

Retail

8,376 SF
Year Built

1981
For Sale

$1,300,000
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Southwind Plaza

3525 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

33,000 SF
Availability

7 Spaces

19,930 SF
Year Built

1995
For Lease

$7.00 - $10.00/SF/YR
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5001 W St Joe Hwy

5001 W St Joe Hwy, Waverly, Lansing, MI
Property

Office

6,555 SF
Availability

2 Spaces

2,744 SF
Year Built

1975
For Lease

$12.00/SF/YR
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4808 Empire Way

4808 Empire Way, Lansing, MI
Property

Industrial

50,000 SF
Year Built

2016
For Sale

$5,440,000
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4504 S Martin Luther King JR Blvd

4504 S Martin Luther King JR Blvd, Lansing, MI
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease

$8.00/SF/YR
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For Lease | 14,500 SF Wet Lab, Warehouse and Office Space

4055 English Oak Dr, Lansing, MI
Property

Industrial
Availability

1 Space

14,500 SF
Year Built

2003
For Lease Contact for pricing
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Lansing Industrial Center

2100 S Washington Ave, Lansing, MI
Property

Industrial

376,130 SF
For Sale

$11,285,000
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5601 Enterprise Drive

5601 Enterprise Drive, Lansing, MI
Property

Industrial

48,750 SF
Availability

1 Space

3,576 SF
Year Built

1974
For Lease

$8.25/SF/YR
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7335 Westshire Dr

7335 Westshire Dr, Waverly, Lansing, MI
Property

Office

15,140 SF
Availability

1 Space

2,879 SF
For Lease

$18.00/SF/YR
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505 E Shiawassee St

505 E Shiawassee St, Lansing, MI
Property

Retail

5,854 SF
Availability

1 Space

2,090 SF
Year Built

1924
For Lease

$17.00/SF/YR
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741 N Cedar St

741 N Cedar St, Lansing, MI
Property

Office

16,608 SF
Availability

1 Space

2,700 SF
For Lease

$18.00/SF/YR
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301-325 North Clippert Street & 3009 Vine Street

301 North Clippert Street, Lansing, MI
Property

Retail

29,713 SF
Availability

2 Spaces

21,400 SF
For Lease

$22.00/SF/YR
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2 Floor Office Space at Pere Marquette

119 Pere Marquette Drive, Lansing, MI
Property

Office

4,701 SF
Availability

2 Spaces

5,049 SF
For Lease

$18.00 - $25.92/SF/MO
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6709 Centurion Dr

6709 Centurion Dr, Waverly, Lansing, MI
Property

Office

15,832 SF
Year Built

2001
For Sale

$1,495,000
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16438 Felton Road

16438 Felton Road, Lansing, MI
Property

Industrial

58,800 SF
Year Built

1955
For Sale Contact for pricing
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8,270 SF | 527 E Cesar E Chavez Ave. | For Sale

527 E César E. Chávez Ave, Lansing, MI
Property

Retail

8,270 SF
Year Built

1934
For Sale

$575,000
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1000 W St Joseph St

1000 W St Joseph St, Lansing, MI
Property

Office

9,945 SF
Availability

3 Spaces

9,800 SF
Year Built

2001
For Lease

$12.00 - $14.00/SF/YR
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Prime Redevelopment Site in Lansing's "Old Town" | 1245 N Larch St

1245 N Larch St, Lansing, MI
Property

Other
For Sale

$200,000
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W. Mt. Hope Highway

W. Mt. Hope Highway, Lansing, MI
Property

VacantLand

4.1 Acre
For Sale

$198,000
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134 E Edgewood Blvd

134 E Edgewood Blvd, Lansing, MI
Property

Retail

17,700 SF
Year Built

2005
For Sale

$2,000,000
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1044 Eastbury Drive

1044 Eastbury Drive, Waverly, Lansing, MI
Property

Office

29,768 SF
Availability

1 Space

29,768 SF
For Lease

$18.00/SF/YR
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Lansing Flex-Space User/Investment Opportunity

1415 Rensen St, Lansing, MI
Property

Industrial

6,631 SF
Year Built

1976
For Sale

$325,000
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Penn-Mill Plaza

6030 South Pennsylvania Avenue, Lansing, MI
Property

Retail

27,000 SF
Availability

3 Spaces

5,900 SF
For Lease

$15.00/SF/YR
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2800 E Grand River Ave

2800 E Grand River Ave, Lansing, MI
Property

Retail

4,100 SF
Availability

1 Space

4,100 SF
Year Built

1996
For Lease

$15.00/SF/YR
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2101 Wood Street & 1807 David Lane

2101 Wood Street & 1807 David Lane, Lansing, MI
Property

Office

16,643 SF
Availability

2 Spaces

11,598 SF
Year Built

1977
For Lease

$5.00 - $18.00/SF/YR
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Capitol Commerce Center

6540 Millennium Dr, Waverly, Lansing, MI
Property

Retail

15,488 SF
Availability

3 Spaces

4,714 SF
For Lease

$12.00/SF/YR
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MERS Capitol Park #2A

Municipal Way, Waverly, Lansing, MI
Property

VacantLand

1.7 Acre
For Sale

$172,000/Acre
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2901 Stabler St

2901 Stabler St, Lansing, MI
Property

Office

4,508 SF
Year Built

1988
For Sale

$310,000/SF
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Sales Lot with Service Garage

1835 E Jolly Rd, Lansing, MI
Property

Retail

1,508 SF
Year Built

1996
For Sale

$430,000
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3366 Remy Drive

3366 Remy Drive, Lansing, MI
Property

Industrial

64,722 SF
Availability

1 Space

64,722 SF
Year Built

1970
For Lease Contact for pricing
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906 Terminal Rd

906 Terminal Rd, Lansing, MI
Property

Industrial

6,066 SF
Year Built

1960
For Sale

$455,000
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3201-3205 W Saginaw St

3201-3205 W Saginaw St, Lansing, MI
Property

Retail

7,390 SF
Availability

1 Space

2,400 SF
For Lease

$13.00/SF/YR
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2320 E Saginaw St

2320 E Saginaw St, Lansing, MI
Property

Retail

1,700 SF
For Sale

$450,000
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6025 West Saginaw Hwy

6025 West Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

29,456 SF
Availability

1 Space

29,456 SF
For Lease

$11.50/SF/YR
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5646 Commerce Street

5646 Commerce Street, Lansing, MI
Property

Industrial

34,875 SF
Availability

1 Space

5,000 SF
Year Built

1970
For Lease

$7.50/SF/YR
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5200 West Mt Hope Hwy

5200 W MT Hope Hwy, Lansing, MI
Property

VacantLand

3.88 Acre
For Sale

$340,000
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603 - 613 East Michigan Avenue

603 - 613 East Michigan Avenue, Lansing, MI
Property

Office

20,444 SF
For Sale

$3,000,000
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Saginaw Plaza - Retail Space Available

4002 W Saginaw Hwy, Waverly, Lansing, MI
Property

Retail
Availability

1 Space

12,003 SF
For Lease Contact for pricing
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Pine Street

Pine Street, Lansing, MI
Property

VacantLand

0.15 Acre
For Sale

$49,500
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MERS Capitol Park #5B

Municipal Way, Waverly, Lansing, MI
Property

VacantLand

3.21 Acre
For Sale

$172,000/Acre
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3165 East Michigan Avenue

3165 East Michigan Avenue, Lansing, MI
Property

Retail

304,110 SF
Availability

1 Space

1,897 SF
Year Built

2017
For Lease

$18.00 - $20.00/SF/YR
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2600 Snow Road

2600 Snow Road, Lansing, MI
Property

VacantLand

20 Acre
For Sale Contact for pricing
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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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