Lansing, MI Commercial Real Estate for Lease and Sale

Explore 313 listings of Lansing commercial real estate to find the best space for your business.

Edgewood Towne Center

438 E. Edgewood Boulevard, Lansing, MI
Property

Retail

85,757 SF
Availability

5 Spaces

35,946 SF
For Lease Contact for pricing
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Former Rite Aid

2701 South Cedar Street, Lansing, MI
Property

Retail

11,230 SF
Year Built

1996
For Sale

Inquire With Broker For Pricing
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MIxed Use Building Cedar and Baker Street For Sale

418 Baker St, Lansing, MI
Property

Retail

3,623 SF
Year Built

1911
For Sale

$150,000
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Professional Office Suite on West Saginaw near Lansing Mall

4710 W Saginaw Hwy, Waverly, Lansing, MI
Property

Office

13,765 SF
Availability

1 Space

1,120 SF
Year Built

1972
For Lease

$17.14/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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2510 Snow Road

2510 Snow Road, Lansing, MI
Property

Industrial

273,238 SF
Availability

1 Space

135,000 SF
Year Built

1999
For Lease

$6.95/SF/YR
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Brookside Plaza

707-739 Brookside Drive, Waverly, Lansing, MI
Property

Retail

24,176 SF
Availability

1 Space

1,600 SF
For Lease

$14.00/SF/YR
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Business Centre Drive Lansing Township Land G General Zoned

Business Centre Drive, Lansing, MI
Property

Industrial
For Sale

$39,000
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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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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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Edgewood Technology Center

111 West Edgewood Blvd, Lansing, MI
Property

Office

48,089 SF
Availability

3 Spaces

11,200 SF
Year Built

1991
For Lease

$12.00/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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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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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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2 Unit Retail Strip with Billboard- Fully Leased

1568 E Cesar Chavez, Lansing, MI
Property

Retail

2,046 SF
For Sale

$299,900
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Holiday Office Park: 6810 S Cedar St

6810 S Cedar St, Lansing, MI
Property

Retail

3,334 SF
Availability

4 Spaces

4,966 SF
Year Built

1971
For Lease Contact for pricing
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5025 W Saginaw Hwy

5025 W Saginaw Hwy, Waverly, Lansing, MI
Property

Retail

18,097 SF
Availability

1 Space

1,000 SF
Year Built

1959
For Lease

$9.96/SF/YR
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6639 Centurion Dr

6639 Centurion Dr, Waverly, Lansing, MI
Property

Office

15,779 SF
Availability

2 Spaces

3,207 SF
Year Built

1999
For Lease

$16.00/SF/YR
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416 N Homer Street

416 N Homer Street, Lansing, MI
Property

Office

6,162 SF
Availability

1 Space

1,274 SF
For Lease

$15.50/SF/YR
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101 South Washington Square

101 South Washington Square, Lansing, MI
Property

Office

66,067 SF
Availability

3 Spaces

11,840 SF
Year Built

1965
For Lease

$20.00 - $23.00/SF/YR
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Denniston Building

6035 Executive Dr, Lansing, MI
Property

Office

19,392 SF
Availability

5 Spaces

19,473 SF
Year Built

1974
For Lease

$8.00 - $9.00/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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Office Park West

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

Office

5,035 SF
Availability

1 Space

1,003 SF
Year Built

1991
For Lease

$14.00/SF/YR
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447 N Canal Road

447 N Canal Road, Waverly, Lansing, MI
Property

Office

14,000 SF
Availability

1 Space

6,066 SF
Year Built

1996
For Lease

$15.00/SF/YR
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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

$999,000
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6040 South Martin Luther King Junior Boulevard

6040 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Retail

3,410 SF
Year Built

1955
For Sale

$199,950
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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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NEW RETAIL DEVELOPMENT

6200 S Pennsylvania Ave, Lansing, MI
Property

Retail
Availability

1 Space

1,752 SF
For Lease Contact for pricing
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511 E Hazel St

511 E Hazel St, Lansing, MI
Property

Retail

1,604 SF
Year Built

1947
For Sale

$150,000
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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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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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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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One Michigan Avenue

120 North Washington Square, Lansing, MI
Property

Office

157,548 SF
Availability

8 Spaces

46,508 SF
Year Built

1983
For Lease

$23.00/SF/YR
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Capitol Commerce Center

6500 Centurion Dr, Waverly, Lansing, MI
Property

Office

11,172 SF
Availability

5 Spaces

7,948 SF
Year Built

1995
For Lease

$15.00/SF/YR
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Northport Drive Industrial Land 1.03 Acres

Northport Drive, Lansing, MI
Property

Industrial
For Sale

$129,000
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2919 S Cedar St

2919 S Cedar St, Lansing, MI
Property

Retail

7,050 SF
Year Built

1965
For Sale

$495,000
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609 North Waverly Road

609 North Waverly Road, Waverly, Lansing, MI
Property

Office

2,500 SF
For Sale

$79,500
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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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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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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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Industrial Cross Dock Lansing Township

3333 West Saint Joseph Street, Lansing, MI
Property

Industrial

13,560 SF
Availability

1 Space

9,160 SF
For Lease

$9.37/SF/YR
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3230 S Pennsylvania Ave

3230 S Pennsylvania Ave, Lansing, MI
Property

Office

2,340 SF
Year Built

1978
For Sale

$199,900
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One Michigan Avenue
Regus
120 Washington Square Suite 300, Lansing, MI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Cedar Square LLC

5525 S Cedar St, Lansing, MI
Property

Retail

12,600 SF
Year Built

1966
For Sale

$695,000
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Office Warehouse Lansing For Sale

2321 West Main Street, Lansing, MI
Property

Industrial

6,087 SF
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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Large Westside Office Space Available

5123 W St Joe Hwy, Lansing, MI
Property

Office

5,183 SF
Availability

1 Space

1,750 SF
For Lease

$12.88/SF/YR
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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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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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N East Street Investment Real Estate

3405 North East Street, Lansing, MI
Property

Industrial

8,000 SF
Year Built

1947
For Sale

$292,327
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Benjamin, Lansing, Michigan - 2 Vacant Land Lots

Benjamin Drive, Lansing, MI
Property

Other
For Sale

$150,000
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Former Career Quest

3215 S Pennsylvania Ave, Lansing, MI
Property

Office

27,898 SF
Availability

1 Space

27,898 SF
Year Built

1967
For Lease

$8.50/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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