5646 Commerce Street

5646 Commerce Street, Lansing, MI 48911

Off-Market

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  • Property Type Industrial - Manufacturing
  • Property Size 34,875 SF
  • Lot Size 3.5 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

  • Walk Score ® Car-Dependent (28)
  • Transit Score ® Some Transit (38)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

Transportation

East Lansing

3.69 miles

Fuel station

Marathon

2.68 miles

Clipper Creek

3.90 miles

Greenlots

4.13 miles

ChargePoint

4.77 miles

Eaton

4.84 miles

Citgo

4.93 miles

Admiral Petroleum

5.17 miles

Marathon

5.30 miles

Shell

5.43 miles

Lansing Supercharger

6.53 miles

Parking

Lot 82

3.82 miles

Employee Parking

4.20 miles

Ramp 5 (Lot 102)

4.23 miles

Lot 50

4.56 miles

Lot 62W

4.59 miles

Ramp 1 (Lot 51)

4.69 miles

Ramp 3 (Lot 19)

4.78 miles

Lot 91

4.78 miles

Lot 2

5.02 miles

car parking

9.61 miles

Restaurants

Bob Evans

0.91 miles

Munchies

2.20 miles

SoCo + Q

3.07 miles

Capitol's LLC Cafe & Grill

3.34 miles

Korea House

3.80 miles

Brody Square

4.47 miles

Olga's Kitchen

4.60 miles

Einstein Bros. Bagels

4.65 miles

Buffalo Wild Wings

5.06 miles

100% Cold-Pressed Raw Juice

5.21 miles

Stores

Queen Market

0.73 miles

ZZ's Market

0.80 miles

Target

0.88 miles

Stock+Field

1.06 miles

Saint Ides Village Food

2.59 miles

REO Town Marketplace

3.53 miles

Sears Outlet

5.15 miles

Old Town General Store

5.17 miles

La Estrellita Supermercado

6.07 miles

Darrell's Market and Hardware

6.27 miles

Safety

Lansing Fire Station #4

0.26 miles

NovaCare Rehabilitation

0.50 miles

Lansing Urgent Care

1.07 miles

Central Pharmacy

1.59 miles

Medilodge of Capital Area

1.68 miles

McLaren Orthopedic Hospital

2.11 miles

Advanced Medical Solutions, Inc.

2.24 miles

Orthopedic Rehab Specialists, P.C.

2.24 miles

McLaren Greater Lansing

2.41 miles

McLaren Greater Lansing

2.54 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 14 Sep, 2017
  • 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%
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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 $36,794
  • Current Tax $29,090
  • Market Value* $966,600
  • Assessed Value $966,600

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 5646 Commerce Street?

5646 Commerce Street totals 34,875 square feet.

When was this property built?

5646 Commerce Street was built in 1970.

When was 5646 Commerce Street last sold?

5646 Commerce Street was last sold on 14 Sep, 2017.

What is the market value for 5646 Commerce Street?

The market value* for 5646 Commerce Street in 2022 was $966,600.
*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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