Lansing, MI Commercial Real Estate for Lease and Sale

Explore 249 listings of Lansing commercial real estate for lease and for sale to find the best space for your business.

Comerica Building

101 North Washington Square, Lansing, MI
Property

Office

62,332 SF
Availability

9 Spaces

39,154 SF
Year Built

1931
For Lease

$18.50/SF/YR
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3131 East Michigan Avenue

3131 East Michigan Avenue, Lansing, MI
Property

Retail

196,000 SF
Availability

1 Space

200,000 SF
Year Built

1953
For Lease Contact for pricing
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2510 E Michigan Ave

2510 E Michigan Ave, Lansing, MI
Property

Retail

5,778 SF
Year Built

1959
For Sale

$495,000
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3940 N Grand River Ave

3940 N Grand River Ave, Lansing, MI
Property

Industrial

15,335 SF
Year Built

1962
For Sale

$1,099,900
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The Venue

2010 E. Michigan Avenue, Lansing, MI
Property

Mixed Use

3,969 SF
Availability Contact for availability
Year Built

2017
For Lease Contact for pricing
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Hollister Building

106 West Allegan Street, Lansing, MI
Property

Office

90,000 SF
Availability

2 Spaces

21,307 SF
Year Built

1890
For Lease

$20.00/SF/YR
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Lansing 74

5500 Kaynorth Road, Lansing, MI
Property

Other

57,202 SF
For Sale Contact for pricing
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Boji Tower

124 West Allegan Street, Lansing, MI
Property

Office

250,000 SF
Availability

8 Spaces

37,179 SF
Year Built

1929
For Lease

$22.00/SF/YR
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North Lansing Warehouse/Garage Space

3405 N East St, Lansing, MI
Property

Industrial

8,000 SF
Year Built

1947
For Sale

$292,327
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200 North Washington Square

200 North Washington Square, Lansing, MI
Property

Office

50,391 SF
Availability

2 Spaces

6,062 SF
Year Built

1978
For Lease

$24.00/SF/YR
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Executive Office South Lansing

835 Louisa St., Lansing, MI
Property

Office

16,400 SF
Availability

6 Spaces

1,428 SF
Year Built

1973
For Lease

$6.72 - $700.00/SF/YR
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Retail Center on Saginaw Near Lansing Mall

5023 W Saginaw, Lansing, MI
Property

Retail

1,000 SF
Availability

1 Space

1,000 SF
For Lease

$14.00/SF/YR
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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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Retail Strip Center For Sale or Lease

3280 S Waverly Rd, Lansing, MI
Property

Retail
Availability

1 Space

1,050 SF
Year Built

2003
For Lease Contact for pricing
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836 Centennial Way, Unit 3

836 Centennial Way, Unit 3, Waverly, Lansing, MI
Property

Office

3,348 SF
Year Built

1992
For Sale

$325,000
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Freestanding Retail Opportunity

6020 S Cedar St, Lansing, MI
Property

Retail

2,467 SF
Year Built

1939
For Sale

$150,000
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111 West Mount Hope Avenue

111 West Mount Hope Avenue, Lansing, MI
Property

Industrial

143,738 SF
Availability

2 Spaces

40,948 SF
Year Built

1915
For Lease

$5.50/SF/YR
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MMA Building

620 South Capitol Avenue, Lansing, MI
Property

Office

32,416 SF
Availability

2 Spaces

1,734 SF
Year Built

1993
For Lease

$20.00 - $22.00/SF/YR
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South Lansing Office Suites

1000 Long Blvd, Lansing, MI
Property

Office

4,787 SF
Availability

6 Spaces

4,667 SF
For Lease

$9.50 - $53.33/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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Marketplace Office Park

8158 Executive Ct, Lansing, MI
Property

Office

6,137 SF
Availability

3 Spaces

6,137 SF
Year Built

2003
For Lease

$14.00/SF/YR
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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

$400.00 - $800.00/MO
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Verndale Office Park

6105 West St. Joseph Hwy, Waverly, Lansing, MI
Property

Office

131,501 SF
Availability

9 Spaces

30,243 SF
Year Built

1978
For Lease

$17.50 - $20.00/SF/YR
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3820 W. Saginaw St.

3820 Saginaw St., Edgemont Park, Lansing, MI
Property

Retail

3,866 SF
Year Built

1960
For Sale Contact Broker
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Newly Renovated Retail for Lease Available in Lansing

5300 S Pennsylvania Ave, Lansing, MI
Property

Retail

13,200 SF
Availability

1 Space

1,290 SF
Year Built

1987
For Lease

$15,480.00/MO
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835 W Genesee St

835 W Genesee St, Lansing, MI
Property

Other

23,590 SF
For Sale

$339,000
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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 3,465,333 square feet of office space across 100 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 2,034,139 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 1,824,143 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 965,250 square feet of available listings. Retail space available in Lansing adds up to 765,098 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 $15.6 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 $19.21 per square foot, industrial space in Lansing saw average rents of $7.42 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 $237.25 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 36,478 square feet.
Retail properties here incorporate an average of 33,347 square feet.
Industrial space in Lansing is in buildings that are, on average 65,148 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 2,558,478 square feet. The market offers 69 active office listing(s), which amount to 675,700 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 765,098 square feet across 59 retail space(s). Industrial space for rent opportunities in Lansing amount to 965,250 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	69	675,700
Retail	59	765,098
Industrial	23	965,250
Other	4	152,430

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 1,983,614 square feet of commercial property for sale here , which includes 30 office building(s) for sale , 23 retail investment opportunity listing(s) , and 15 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	30	902,015
Retail	23	173,685
Industrial	15	648,595
Other	28	259,319

Lansing, MI Commercial Real Estate for Lease and Sale

Comerica Building

3131 East Michigan Avenue

2510 E Michigan Ave

3940 N Grand River Ave

The Venue

Hollister Building

Lansing 74

Boji Tower

North Lansing Warehouse/Garage Space

200 North Washington Square

Executive Office South Lansing

Retail Center on Saginaw Near Lansing Mall

1213 Center St

Retail Strip Center For Sale or Lease

836 Centennial Way, Unit 3

Freestanding Retail Opportunity

111 West Mount Hope Avenue

MMA Building

South Lansing Office Suites

Suite 4B 3120 Sovereign Drive | 3,078 SF

Marketplace Office Park

Southland Center

Verndale Office Park

3820 W. Saginaw St.

Newly Renovated Retail for Lease Available in Lansing

835 W Genesee St

Frequently Asked Questions

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

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About us