Lansing, MI Commercial Real Estate for Lease and Sale

Explore 286 listings of Lansing commercial real estate to find the best space for your business.

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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2960 Ena Drive

2960 Ena Drive, Lansing, MI
Property

Industrial

86,575 SF
Availability

1 Space

14,267 SF
For Lease

$6.50/SF/YR
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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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Class A Office Building | Former Insurance Headquarters

5913 Executive Dr, Lansing, MI
Property

Office
Availability

1 Space

64,950 SF
Year Built

1982
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
2909 & 2915 1/2 South Martin Luther King Junior Boulevard

2909 & 2915 1/2 South Martin Luther King Junior Boulevard, Lansing, MI
Property

Office

4,050 SF
Year Built

1948
For Sale

$150,000
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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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Northport Drive Industrial Land 1.03 Acres

Northport Drive, Lansing, MI
Property

Industrial
For Sale

$129,000
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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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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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Centennial Office Condo Unit 3

836 Centennial Way, Waverly, Lansing, MI
Property

Office

3,378 SF
For Sale

$325,000
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801 S Holmes St

801 S Holmes St, Lansing, MI
Property

Office

1,519 SF
Year Built

1957
For Sale

$99,900
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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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Comerica Building

101 North Washington Square, Lansing, MI
Property

Office

62,332 SF
Availability

9 Spaces

35,866 SF
Year Built

1931
For Lease

$18.50 - $30.00/SF/YR
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Grand River Parcels

Grand River Ave, Lansing, MI
Property

VacantLand
For Sale

$4,320,000
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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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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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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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One Michigan Avenue

120 North Washington Square, Lansing, MI
Property

Office

157,548 SF
Availability

7 Spaces

40,750 SF
Year Built

1983
For Lease

$23.00/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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Retail/Office for Lease - The Heights at Eastwood

The Heights at Eastwood, Lansing, MI
Property

Retail
Availability

1 Space

9,531 SF
Year Built

2015
For Lease Contact for pricing
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Vacant Land Bell Street in Lansing

5 Bell Street, Lansing, MI
Property

Industrial
For Sale

$49,900
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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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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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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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Second Floor Office Space Available Above Starbucks

2624 Lake Lansing Rd, Lansing, MI
Property

Office
Availability

1 Space

4,639 SF
For Lease Contact for pricing
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2000 North Larch Street

2000 North Larch Street, Lansing, MI
Property

Retail

12,000 SF
Availability

3 Spaces

11,500 SF
For Lease

$15.00/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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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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Former Rite Aid at Sparrow U of M Health System Lansing

1004 East Michigan Avenue, Lansing, MI
Property

Retail

11,678 SF
Availability

1 Space

11,678 SF
For Lease

$9.77/SF/YR
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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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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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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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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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Chandler Plaza

300 East Michigan Avenue, Lansing, MI
Property

Office

43,875 SF
Availability

4 Spaces

43,875 SF
Year Built

1918
For Lease

$18.00/SF/YR
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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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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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2130 W Holmes Rd

2130 W Holmes Rd, Lansing, MI
Property

VacantLand

33,683 SF
Year Built

1929
For Sale

Call for Price
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Logan Square

3222 S Martin Luther King Jr. Blvd, Lansing, MI
Property

Retail

277,802 SF
Availability

28 Spaces

153,944 SF
Year Built

1988
For Lease

$5.00 - $12.00/SF/YR
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2720 S. Washington Ave

2720 S. Washington Ave, Lansing, MI
Property

Office

20,050 SF
Availability

1 Space

2,071 SF
Year Built

2006
For Lease

$14.00/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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200 North Washington Square

200 North Washington Square, Lansing, MI
Property

Office

50,391 SF
Availability

3 Spaces

10,438 SF
Year Built

1978
For Lease

$24.00/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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Hollister Building

106 West Allegan Street, Lansing, MI
Property

Office

90,000 SF
Availability

3 Spaces

22,792 SF
Year Built

1890
For Lease

$20.00/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 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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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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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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Holcim Terminal

1930 Turner Rd, Lansing, MI
Property

Industrial
For Sale

$399,000
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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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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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610 E. Cesar E. Chavez Ave

610 E. Cesar E. Chavez Ave, Lansing, MI
Property

Office

5,622 SF
For Sale

$250,000
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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 3,536,125 square feet of office space across 119 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 2,464,295 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 2,894,747 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 1,285,043 square feet of available listings. Office space available in Lansing adds up to 989,288 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 $14.64 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 $5.93 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 37,619 square feet.
Retail properties here incorporate an average of 30,053 square feet.
Industrial space in Lansing is in buildings that are, on average 80,410 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 3,236,309 square feet. The market offers 87 active office listing(s), which amount to 915,664 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 795,881 square feet across 77 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,313,246 square feet across a total of 25 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	87	915,664
Retail	77	795,881
Industrial	25	1,313,246
Other	3	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 2,725,819 square feet of commercial property for sale here , which includes 31 office building(s) for sale , 32 retail investment opportunity listing(s) , and 28 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	31	775,572
Retail	32	307,152
Industrial	28	1,439,451
Other	49	203,644

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

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