Lansing, MI Commercial Real Estate for Lease and Sale

Explore 304 listings of Lansing commercial real estate 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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Business Opportunity for Sale - Mancino's Non-Franchise Pizzeria & Italian Eatery

609 North Waverly Road, Waverly, Lansing, MI
Property

Unassigned
For Sale

$79,500
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111 West Mount Hope Avenue

111 West Mount Hope Avenue, Lansing, MI
Property

Industrial

143,738 SF
Availability

3 Spaces

55,440 SF
Year Built

1915
For Lease

$5.50/SF/YR
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I-96 Business Corridor Office Space

6520 Mercantile Way, Lansing, MI
Property

Office

28,000 SF
Availability

1 Space

12,518 SF
Year Built

1980
For Lease

$10.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
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
Availability

2 Spaces

5,778 SF
Year Built

1959
For Lease

$10.00 - $12.00/SF/YR
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603 Waverly Rd

603 Waverly Rd, Waverly, Lansing MI, MI
Property

Retail

2,253 SF
Availability

2 Spaces

3,589 SF
For Lease

$14.00/SF/YR
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1137 Haco Dr.

1137 Haco Dr., Lansing, MI
Property

Industrial

18,491 SF
Availability

1 Space

18,491 SF
Year Built

1928
For Lease

$5.75/SF/YR
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1020 S Creyts Rd

1020 S Creyts Rd, Waverly, Lansing, MI
Property

Office

19,485 SF
Year Built

1985
For Sale

$1,995,000
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2500-2510 Kerry Street

2500 Kerry Street, East Lansing, MI
Property

Office

40,724 SF
Availability

3 Spaces

4,280 SF
Year Built

1985
For Lease

$20.00/SF/YR
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Harbor Freight Anchored Shopping Center for Lease

6250 S Cedar St, Lansing, MI
Property

Retail

77,797 SF
Availability

4 Spaces

9,620 SF
For Lease

$12.00/SF/MO
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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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5002 W Saginaw Hwy

5002 W Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

36,000 SF
Year Built

1969
For Sale

$3,250,000
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625 & 635 S. Waverly Rd

625 & 635 S. Waverly Rd, Lansing, MI
Property

Retail

13,199 SF
Availability

2 Spaces

2,610 SF
Year Built

1977
For Lease

$9.00 - $14.00/SF/YR
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Retail Space with Potential Drive-Up Window Just Off US 127

2840 E Saginaw St, Lansing, MI
Property

Retail

5,280 SF
Availability

1 Space

4,050 SF
Year Built

1991
For Lease

$24.00 - $32.00/SF/YR
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Provident Place

2222 East Michigan Avenue, Lansing, MI
Property

Retail

24,798 SF
For Sale Contact for pricing
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8164 Executive Ct

8164 Executive Ct, Lansing, MI
Property

Office

13,360 SF
Availability

1 Space

7,635 SF
Year Built

2002
For Lease

$15.00/SF/YR
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5505 S Pennsylvania Ave

5505 S Pennsylvania Ave, Lansing, MI
Property

Industrial

17,014 SF
Year Built

1968
For Sale

$1,100,000
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620 South Creyts Road

620 South Creyts Road, Waverly, Lansing, MI
Property

Retail

5,241 SF
Availability

1 Space

1,116 SF
For Lease

$14.00/SF/YR
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Office Suite on Waverly Rd Lansing

303 South Waverly Road, Lansing, MI
Property

Office

905 SF
Availability

1 Space

905 SF
For Lease

$10.65/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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Grand River Parcels

Grand River Ave, Lansing, MI
Property

VacantLand
For Sale

$4,320,000
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Edgewood Blvd Retail For Lease

815 West Edgewood Boulevard, Lansing, MI
Property

Retail

17,965 SF
Availability

2 Spaces

2,195 SF
For Lease

$11.00 - $13.00/SF/YR
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24.44 Acres of Vacant Development Land

5977-6131 W Grand River Ave, Lansing, MI
Property

Other
For Sale

$1,300,000
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914 E Gier St

914 E Gier St, Lansing, MI
Property

Office

4,284 SF
Availability

1 Space

4,284 SF
Year Built

1964
For Lease

$12.00/SF/YR
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Former Bank - Hard Corner City of Lansing

2521 S Cedar , Lansing, MI
Property

Office

2,328 SF
Year Built

1937
For Sale

$195,000
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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

$10.66 - $32.00/SF/MO
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Holiday Office Park

6545 Mercantile Drive, Lansing, MI
Property

Office

79,904 SF
Availability

1 Space

7,600 SF
Year Built

1974
For Lease

$10.00 - $18.00/SF/MO
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815 W Edgewood Blvd Ste F

815 W Edgewood Blvd Ste F, Lansing, MI
Property

Retail

17,965 SF
Availability

1 Space

1,520 SF
Year Built

2006
For Lease

$11.00/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

$10.00/SF/YR
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International Center

633 E Jolly Rd, Lansing, MI
Property

Office

7,316 SF
Availability

5 Spaces

6,500 SF
Year Built

1969
For Lease

$12.00/SF/YR
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Ground Lease - High Traffic & Excellent Visibility

2750 Preyde Blvd, Lansing, MI
Property

Other
Availability

1 Space

12,400 SF
For Lease Contact for pricing
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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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The Louie

123 West Allegan Street, Lansing, MI
Property

Office

94,930 SF
Availability

1 Space

7,436 SF
Year Built

1959
For Lease Contact for pricing
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Downtown Lansing Landmark Building

119 North Washington Square, Lansing, MI
Property

Office

46,517 SF
Year Built

1930
For Sale

$1,750,000
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Retail Center on Saginaw Near Lansing Mall

5023 W Saginaw, Waverly, Lansing, MI
Property

Retail

1,000 SF
Availability

2 Spaces

3,500 SF
For Lease

$9.12 - $12.00/SF/YR
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Auto Sales Lot for Sale

2937 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

1,251 SF
Availability

1 Space

1,251 SF
Year Built

1959
For Lease

$2,000.00/SF/YR
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228 S Washington Sq

228 S Washington Sq, Lansing, MI
Property

Retail

3,083 SF
Availability

1 Space

3,083 SF
For Lease Contact for pricing
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Affordable office space for lease

3310 Bardaville Dr, Lansing, MI
Property

Office

5,280 SF
Availability

1 Space

1,500 SF
Year Built

1971
For Lease

$300.00 - $1,500.00/SF/YR
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6400 W. St Joseph Hwy

6400 W. St Joseph Hwy, Waverly, Lansing, MI
Property

Retail

5,241 SF
Availability

1 Space

1,100 SF
For Lease

$12.00/SF/YR
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0 Ena Dr

0 Ena Dr , Lansing, MI
Property

Industrial

30,000 SF
Availability

1 Space

216,928 SF
For Lease Contact for pricing
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3333 W Saint Joseph St

3333 W Saint Joseph St, Lansing, MI
Property

Office

11,160 SF
Availability

1 Space

9,160 SF
Year Built

1964
For Lease

$9.37/SF/YR
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228 S. Washington Sq

228 S. Washington Sq, Lansing, MI
Property

Office

12,033 SF
Availability

1 Space

3,083 SF
Year Built

1925
For Lease Contact for pricing
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2600 S. Cedar St

2600 S. Cedar St, Lansing, MI
Property

Retail

5,200 SF
Availability

1 Space

960 SF
For Lease

$12.00/SF/YR
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Marketplace Office Park

8158 Executive Ct, Lansing, MI
Property

Office

6,137 SF
Availability

2 Spaces

2,473 SF
Year Built

2003
For Lease

$14.00/SF/YR
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Professional Office Suite on West Saginaw near Lansing Mall

4710 West Saginaw Highway, Waverly, Lansing, MI
Property

Office

10,891 SF
Availability

1 Space

1,120 SF
For Lease

$17.14/SF/MO
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Former Career Quest

3215 S Pennsylvania Ave, Lansing, MI
Property

Office

27,898 SF
Year Built

1967
For Sale

$2,295,000
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Parcel 1 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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3811 W. Clark Rd., Lansing, MI 48906

3811 W Clark Rd, Lansing, MI
Property

Other
For Sale Contact for pricing
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1.5 Acres at State and US 27

15990 S Us Highway 27, Lansing, MI
Property

Retail

8,562 SF
Year Built

1995
For Sale

$385,000
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New White Boxed Retail Suite Lease

6070 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Office

11,996 SF
Availability

1 Space

1,900 SF
Year Built

1935
For Lease

$9.00/SF/YR
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912 Centennial Way Suite 360

912 Centennial Way Suite 360, Waverly, Lansing, MI
Property

Office

2,110 SF
Availability

1 Space

2,110 SF
For Lease

$16.00/SF/YR
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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 3,817,170 square feet of office space across 111 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 2,102,851 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 2,641,375 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 1,324,552 square feet of available listings. Office space available in Lansing adds up to 836,651 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 $14.31 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 $5.92 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 $53.33 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 38,172 square feet.
Retail properties here incorporate an average of 26,619 square feet.
Industrial space in Lansing is in buildings that are, on average 67,728 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 2,785,171 square feet. The market offers 80 active office listing(s), which amount to 808,500 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 712,969 square feet across 68 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,052,184 square feet across a total of 25 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	80	808,500
Retail	68	712,969
Industrial	25	1,052,184
Other	4	211,518

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 2,369,697 square feet of commercial property for sale here , which includes 31 office building(s) for sale , 29 retail investment opportunity listing(s) , and 26 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	31	749,393
Retail	29	216,952
Industrial	26	1,268,845
Other	36	134,507

Lansing, MI Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

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

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