Lansing, MI Commercial Real Estate for Lease and Sale

Explore 260 listings of Lansing commercial real estate for lease and for sale to find the best space for your business.

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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Lansing Towne Center

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

Retail

111,715 SF
Availability

6 Spaces

17,843 SF
For Lease

$12.00/SF/YR
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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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Retail Strip Center For Sale or Lease

3280 S Waverly Rd, Lansing, MI
Property

Retail

7,250 SF
Year Built

2003
For Sale

$525,000
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Chandler Plaza

300 East Michigan Avenue, Lansing, MI
Property

Office

38,700 SF
Availability

1 Space

10,350 SF
Year Built

1918
For Lease

$18.00/SF/YR
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Lansing Industrial Center

111 W Mount Hope Ave, Lansing, MI
Property

Industrial

15,664 SF
Availability

1 Space

15,664 SF
Year Built

2004
For Lease

$7,000.00/MO
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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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Cedar Square

5525 S Cedar Street , Lansing, MI
Property

Retail

12,600 SF
Availability

2 Spaces

6,000 SF
Year Built

1966
For Lease

$8.00/SF/YR
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6910 S Cedar Street

6910 S Cedar Street, Lansing, MI
Property

Office

14,288 SF
Availability

5 Spaces

806 SF
For Lease

$375.00 - $475.00/MO
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Capitol Commerce Center

6512 Centurion Dr, Waverly, Lansing, MI
Property

Office

8,065 SF
Availability

1 Space

7,683 SF
Year Built

1995
For Lease

$15.00/SF/YR
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Holiday Office Park

6546 Mercantile, Lansing, MI
Property

Office

20,000 SF
Availability

1 Space

5,000 SF
For Lease

$10.50 - $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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Former Flapjack | For Sale or Lease

1601 S Waverly Rd, Lansing, MI
Property

Retail
Availability

1 Space

6,043 SF
Year Built

1992
For Lease Contact for pricing
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6046 S Cedar St

6046 S Cedar St, Lansing, MI
Property

Retail

6,930 SF
Availability

3 Spaces

7,368 SF
Year Built

1976
For Lease

$12.00 - $16.00/SF/YR
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4S Building

2013 E Michigan Ave, Lansing, MI
Property

Mixed Use

1,200 SF
Availability Contact for availability
Year Built

1924
For Lease 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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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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Executive Office Park - 6 Spaces Available

8158 - 8161 Executive Ct, Lansing, MI
Property

Office
Availability

1 Space

7,498 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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Lansing 74

5500 Kaynorth Road, Lansing, MI
Property

Other

57,202 SF
For Sale Contact for pricing
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Edgewood Technology Center

111 West Edgewood Blvd, Lansing, MI
Property

Office

48,089 SF
Availability

2 Spaces

5,600 SF
Year Built

1991
For Lease

$10.00/SF/YR
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Office Park West

526, 612, 616 S. Creyts Road, Waverly, Lansing, MI
Property

Office

5,035 SF
Availability

2 Spaces

1,799 SF
Year Built

1991
For Lease

$14.00/SF/YR
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2006 W. Willow Street

2006 W. Willow Street, Lansing, MI
Property

Retail

6,950 SF
For Sale

$649,900
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Industrial Building City of Lansing

326 Hosmer , Lansing, MI
Property

Industrial

4,000 SF
For Sale

$150,000
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110 W Washtenaw

110 W Washtenaw , Lansing, MI
Property

Office

6,594 SF
Availability

1 Space

6,594 SF
For Lease Contact for pricing
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3310 Bardaville Dr

3310 Bardaville Dr, Lansing, MI
Property

Office

5,280 SF
Year Built

1971
For Sale

$315,000
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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 3,838,975 square feet of office space across 92 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 2,066,213 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 1,938,057 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 1,078,146 square feet of available listings. Retail space available in Lansing adds up to 762,062 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 $15.34 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 $6.05 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 43,625 square feet.
Retail properties here incorporate an average of 37,568 square feet.
Industrial space in Lansing is in buildings that are, on average 64,602 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 2,684,344 square feet. The market offers 65 active office listing(s), which amount to 691,706 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 762,062 square feet across 55 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,078,146 square feet across a total of 24 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	65	691,706
Retail	55	762,062
Industrial	24	1,078,146
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 1,930,185 square feet of commercial property for sale here , which includes 30 office building(s) for sale , 22 retail investment opportunity listing(s) , and 16 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	30	806,690
Retail	22	168,485
Industrial	16	651,913
Other	32	303,097

Lansing, MI Commercial Real Estate for Lease and Sale

South Lansing Office Suites

Lansing Towne Center

Freestanding Retail Opportunity

Retail Strip Center For Sale or Lease

Chandler Plaza

Lansing Industrial Center

Retail Strip Center For Sale or Lease

Cedar Square

6910 S Cedar Street

Capitol Commerce Center

Holiday Office Park

1213 Center St

Former Flapjack | For Sale or Lease

6046 S Cedar St

4S Building

Boji Tower

3820 W. Saginaw St.

Executive Office Park - 6 Spaces Available

836 Centennial Way, Unit 3

Lansing 74

Edgewood Technology Center

Office Park West

2006 W. Willow Street

Industrial Building City of Lansing

110 W Washtenaw

3310 Bardaville Dr

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

Popular Industrial Searches

About us