311 South Washington Square

Off-Market

313 South Washington Square, Lansing, MI 48933

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 53,585 SF
  • Lot Size 1.41 Acre
  • Parking Spaces Avail. 122
  • Parking Ratio 2.29 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1875

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Oct, 1999
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date

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%
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Asking Rents in Lansing Office Market

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

  • 2022 Avg. Asking Rent $19.21
  • 2022 Office Vacancy Rate 20.98%
  • 2022 Office Completions (SF)
View more Lansing market trends

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48933
  • Market Detroit

Points of Interest

  • East Lansing

    2.95 miles

  • Clipper Creek

    0.29 miles

  • Greenlots

    0.41 miles

  • Admiral

    0.62 miles

  • ChargePoint

    0.64 miles

  • Mobil

    0.69 miles

  • Marathon

    0.73 miles

  • Eaton

    0.75 miles

  • ChargePoint

    0.77 miles

  • BP

    0.79 miles

  • Marathon

    0.82 miles

  • 320 South Capitol Ramp

    0.13 miles

  • South Grand Ramp

    0.15 miles

  • Capitol Lot

    0.30 miles

  • Employee Parking

    0.38 miles

  • Roosevelt Parking Ramp

    0.38 miles

  • Allegan Ramp

    0.40 miles

  • Ottawa Ramp

    0.51 miles

  • Pine Lot

    0.51 miles

  • Allegan Surface Lot

    0.56 miles

  • Ottawa Surface Lot

    0.60 miles

  • Radisson Hotel Lansing at the Capitol

    0.24 miles

  • Courtyard Lansing Downtown

    0.46 miles

  • Cozy Koi Bed and Breakfast

    0.77 miles

  • Quality Inn University

    2.42 miles

  • SpringHill Suites by Marriott East Lansing University Area

    2.80 miles

  • Kellogg Hotel and Conference Center

    2.98 miles

  • Homewood Suites by Hilton Lansing Eastwood

    3.01 miles

  • Hyatt Place

    3.10 miles

  • Candlewood Suites East Lansing, an IHG Hotel

    3.15 miles

  • Fairfield Inn & Suites by Marriott Lansing at Eastwood

    3.18 miles

  • New Daily Bagel

    0.02 miles

  • Jalapeños

    0.03 miles

  • Sultan's Expresss

    0.03 miles

  • Subway

    0.03 miles

  • Cottage Inn Pizza

    0.03 miles

  • Thai Village

    0.07 miles

  • Domino's

    0.07 miles

  • Tatse

    0.08 miles

  • Zoup!

    0.09 miles

  • Envie

    0.10 miles

  • West Junior High School

    0.39 miles

  • Lansing Community College

    0.51 miles

  • Capitol Area Driving School

    0.83 miles

  • Vivian Riddle Elementary School

    0.97 miles

  • Holmes Street School

    1.02 miles

  • Walnut Street School

    1.06 miles

  • Former Cedar Street Elementary School

    1.15 miles

  • Saint Casimir School

    1.19 miles

  • Resurrection School

    1.24 miles

  • Mid-Michigan Leadership Academy

    1.24 miles

  • Michigan State University Child Development Laboratories

    3.21 miles

  • Little Dreamers Daycare Center

    3.63 miles

  • Eastminster Child Development Center

    4.56 miles

  • Gilden Woods Okemos

    6.93 miles

  • Gilden Woods

    7.59 miles

  • Wilkshire Early Childhood Center

    8.35 miles

Frequently Asked Questions

What is the total square footage of 311 South Washington Square?

311 South Washington Square totals 53,585 square feet.

When was this property built?

311 South Washington Square was built in 1875.

When was 311 South Washington Square last sold?

311 South Washington Square was last sold on 10 Oct, 1999.

What is the property tax for 311 South Washington Square?

The property tax for 311 South Washington Square in 2023 was $17,247.

What is the market value for 311 South Washington Square?

The market value* for 311 South Washington Square in 2023 was $7,028,600.

*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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