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1115 Center Street

Off-Market

1115 Center Street, Lansing, MI 48906

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  • Property Type Office - General Office
  • Property Size 27,021 SF
  • Lot Size 0.65 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1915

Location

  • Walk Score ® Very Walkable (86)
  • Transit Score ® Some Transit (46)
  • Bike Score ® Very Bikeable (89)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

3.29 miles

Speedway

0.11 miles

Pacific Pride

0.21 miles

Eaton

0.49 miles

Sunoco

0.67 miles

Marathon

0.74 miles

Greenlots

1.03 miles

Mobil

1.29 miles

Marathon

1.31 miles

Sunoco

1.35 miles

ChargePoint

1.38 miles

Lot 56

0.05 miles

LCC Lot E6

0.50 miles

Roosevelt Parking Ramp

0.85 miles

South Grand Ramp

0.99 miles

Capitol Lot

0.99 miles

Lot A

1.05 miles

Allegan Ramp

1.05 miles

Ottawa Ramp

1.11 miles

Ottawa Surface Lot

1.13 miles

320 South Capitol Ramp

1.16 miles

Cozy Koi Bed and Breakfast

0.50 miles

Radisson Hotel Lansing at the Capitol

0.89 miles

Courtyard Lansing Downtown

0.97 miles

Homewood Suites by Hilton Lansing Eastwood

2.02 miles

Quality Inn University

2.13 miles

Hyatt Place

2.14 miles

Fairfield Inn & Suites by Marriott Lansing at Eastwood

2.27 miles

Holiday Inn Express

2.38 miles

Hampton

2.58 miles

Kellogg Hotel and Conference Center

2.99 miles

Arctic Corner

0.03 miles

Taqueria El Chaparrito

0.06 miles

Pablo's Old Town

0.06 miles

The Creole Burger Bar & Southern Kitchen

0.10 miles

Sir Pizza

0.10 miles

Meat BBQ

0.10 miles

Old Town Diner

0.15 miles

100% Cold-Pressed Raw Juice

0.16 miles

517 BBQ

0.20 miles

Rally's

0.22 miles

Former Cedar Street Elementary School

0.12 miles

Walnut Street School

0.41 miles

Grand River Elementary School

0.61 miles

Lansing Community College

0.65 miles

High Street School

0.65 miles

Mid-Michigan Leadership Academy

0.74 miles

Otto Middle School

0.75 miles

Gier Park School

0.92 miles

Willow Street School

0.95 miles

Saint Therese School

1.01 miles

Michigan State University Child Development Laboratories

3.11 miles

Eastminster Child Development Center

4.37 miles

Little Dreamers Daycare Center

4.57 miles

Gilden Woods

7.10 miles

Gilden Woods Okemos

7.35 miles

Wilkshire Early Childhood Center

8.08 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lansing

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Lansing Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $30,688
  • Current Tax $17,208
  • Market Value* $806,200
  • Assessed Value $806,200

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1115 Center Street?

1115 Center Street totals 27,021 square feet.

When was this property built?

1115 Center Street was built in 1915.

What is the market value for 1115 Center Street?

The market value* for 1115 Center Street in 2022 was $806,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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