Lansing, MI Commercial Real Estate for Lease and Sale

Explore 291 listings of Lansing commercial real estate to find the best space for your business.

Marketplace Office Park

8161 Executive Ct, Lansing, MI
Property

Office

10,301 SF
Availability

1 Space

6,903 SF
Year Built

2001
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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Washington Apartments

927 South Washington Avenue, Lansing, MI
Property

Multi-Family

43,335 SF
Year Built

1929
For Sale

$3,300,000
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405 N Clippert St

405 N Clippert St, Lansing, MI
Property

Retail

4,004 SF
Availability

1 Space

1,450 SF
Year Built

1976
For Lease

$18.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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Parcel 1 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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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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801 S Waverly Road

801 S Waverly Road, Lansing, MI
Property

Office

32,648 SF
Availability

10 Spaces

25,452 SF
Year Built

1986
For Lease

$13.00/SF/YR
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1407 Rensen

1407 Rensen, Lansing, MI
Property

Office

19,480 SF
Year Built

1977
For Sale

$945,000
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1020 S Creyts Rd

1020 S Creyts Rd, Waverly, Lansing, MI
Property

Office

19,485 SF
Availability

4 Spaces

38,970 SF
Year Built

1985
For Lease

$14.00/SF/YR
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Capitol Commerce Center

6412 Centurion Dr, Waverly, Lansing, MI
Property

Office

7,676 SF
Availability

1 Space

7,676 SF
Year Built

1995
For Lease

$15.00/SF/YR
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Single Tenant Light Industrial/Retail Building

5505 S Pennsylvania Ave, Lansing, MI
Property

Industrial

17,014 SF
Year Built

1968
For Sale

$1,100,000
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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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750 N Cedar St

750 N Cedar St, Lansing, MI
Property

Retail

5,964 SF
Year Built

2005
For Sale

$675,000
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Brookside Plaza

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

Retail

24,176 SF
Availability

2 Spaces

3,200 SF
For Lease

$14.00/SF/YR
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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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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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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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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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MMA Building

620 South Capitol Avenue, Lansing, MI
Property

Office

32,416 SF
Availability

1 Space

1,450 SF
Year Built

1993
For Lease

$22.00/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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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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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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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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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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Knapp's Centre

300 S. Washington Square, Lansing, MI
Property

Office

126,856 SF
Availability

8 Spaces

22,493 SF
Year Built

1935
For Lease

$23.00/SF/YR
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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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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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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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Executive Office Park - 3 Spaces Available

8158 - 8161 Executive Ct, Lansing, MI
Property

Office
Availability

1 Space

9,971 SF
Year Built

2003
For Lease Contact for pricing
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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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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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Centennial Office Condo Unit 3

836 Centennial Way, Waverly, Lansing, MI
Property

Office

3,378 SF
For Sale

$325,000
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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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Phoenix Building

222 North Washington Square, Lansing, MI
Property

Office

69,715 SF
Availability

4 Spaces

72,000 SF
Year Built

1988
For Lease

$18.00/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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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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Business Centre Drive Lansing Township Land G General Zoned

Business Centre Drive, Lansing, MI
Property

Industrial
For Sale

$39,000
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Granger Mall

408-426 Elmwood Dr, Waverly, Lansing, MI
Property

Retail

11,120 SF
Availability

3 Spaces

5,230 SF
For Lease

$12.00/SF/YR
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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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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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Capitol Commerce Center

825 Centennial Way, Waverly, Lansing, MI
Property

Office

101,450 SF
Availability

1 Space

18,073 SF
Year Built

1993
For Lease Contact for pricing
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WESCO

3440 Dunckel Rd, Lansing, MI
Property

Industrial

25,000 SF
Year Built

2001
For Sale

Package Price: $4,680,000
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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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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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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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Warehouse Building off St Joesph Lansing Twp

606 Lentz Court, Lansing, MI
Property

Industrial

2,240 SF
Availability

1 Space

2,240 SF
For Lease

$11.00/SF/MO
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Avenue Flats

1629 East Michigan Avenue, Lansing, MI
Property

Office

8,422 SF
For Sale Contact for pricing
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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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Northport Drive Industrial Land 1.03 Acres

Northport Drive, Lansing, MI
Property

Industrial
For Sale

$129,000
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Parcel 2 - Thomas L Parkway

Thomas L Pkwy E, Waverly, Lansing, MI
Property

VacantLand
For Sale

$25,000
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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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