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    East Lansing, MI Okemos, MI Dewitt, MI Holt, MI Dimondale, MI Bath, MI Haslett, MI Grand Ledge, MI
    Former Bank Building Opportunity
    Updated: Feb 26
    Former Bank Building Opportunity

    2521 S Cedar St, Lansing, MI 48910

    $350,000
    2,328 sqft 0.60 AC lot
    High‑visibility hard corner location at a signalized intersection with frontage on three streets and high daily traffic counts.
    Former bank building with a preserved, working vault, offering unique security and marketing potential.
    Generous 0.6‑acre parcel with expansive parking and a standalone drive‑thru lane.
    Versatile interior with open areas and private offices, suitable for various uses including retail, office, or medical.
    Modern updates from a 2017 renovation, including remodeled entryway, counters, and flooring.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2521 S Cedar St, Lansing, MI, 48910

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $356K
      Above asking

    • Last Sold

      May 2019
      $175K

    • Property Type

      Financial Building
      Built 1937
    View Property Analytics
    Freestanding Retail with Drive-Thru
    Updated: Jun 2
    Freestanding Retail with Drive-Thru

    223 N Clippert Street, Lansing, MI 48912

    $950,000
    4,054 sqft 1.11 AC lot
    Freestanding 4,054 SF retail building plus 2,000 SF drive‑thru on 1.11 acres in the City of Lansing
    Drive‑thru infrastructure included; formerly operated as a bank branch
    Zoned MX‑2 Mixed‑Use Community Center
    Located on N Clippert Street near Michigan Avenue in a high‑traffic commercial corridor
    Signage exposure to US‑127 with convenient access throughout the Lansing market
    View details
    Banking Facility With Drive-Through
    Banking Facility With Drive-Through

    5101 N Grand River Avenue, Lansing, MI 48906

    $299,000
    1,380 sqft 0.87 AC lot

    MX-C zoning supports financial, medical, and quick-service commercial uses.

    View details
    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    223 N Clippert St, Lansing, MI 48912

    $950,000
    4,054 sqft 1.11 AC lot

    Freestanding retail building with added drive-thru infrastructure, positioned for professional, medical, or service use.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    5101 N Grand River Ave, Lansing, MI 48906

    Contact for pricing
    1,380 sqft 0.87 AC lot

    1,380 SF building on 0.87 acres, suitable for various uses.

    View details
    Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 5 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 46 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Retail Bank Building
    Corner Retail Bank Building

    E 1712 E Michigan Avenue Unit SourceFi, Jackson, MI 49202

    $599,900
    2,936 sqft 0.69 AC lot

    1-story former bank on a corner lot with 20+ parking spaces, zoned PB, near major hospital and highway access.

    View details
    High-Visibility Corner Lot Retail Space
    High-Visibility Corner Lot Retail Space

    1712 E Michigan Ave, Jackson, MI 49202

    $650,000
    2,936 sqft 0.69 AC lot

    Retail/service property with high traffic, ample parking, convenient location.

    View details
    NNN Bank Branch Investment
    NNN Bank Branch Investment

    19025 Silver Pkwy, Fenton, MI 48430

    Contact for pricing
    1,639 sqft

    Corporately guaranteed NNN lease with a Huntington Bank tenant operating for 20+ years at a high-visibility retail corridor site.

    View details
    High-Traffic Corner Commercial Property
    High-Traffic Corner Commercial Property

    11293 TORREY Rd, Lake, Fenton, MI 48430

    $1,100,000
    2.32 AC lot

    Prime commercial property with high visibility and versatile usage options.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Dev-Ready Commercial Corner Land
    Dev-Ready Commercial Corner Land

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

    View details
    Corner Commercial Land with Triple Frontage
    Corner Commercial Land with Triple Frontage

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner commercial development site with 3 road frontages and completed environmental and wetland study reports.

    View details

    Off-Market Properties in Lansing, MI

    Consider similar Off-Market properties in Lansing, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1715 Mt Hope Ave
    FINANCIAL BUILDING

    1715 Mt Hope Ave, Lansing, MI 48910-2660

    $195,000
    Estimated value
    1,983 sqft 0.07 AC lot
    View details
    2521 Cedar St
    FINANCIAL BUILDING

    2521 Cedar St, Lansing, MI 48910-3137

    $300,000
    Estimated value
    2,328 sqft 0.60 AC lot
    View details
    1901 Michigan Ave, Unit 19
    FINANCIAL BUILDING

    1901 Michigan Ave, Lansing, MI 48912-2844

    Unit 19
    $440,000
    Estimated value
    4,059 sqft 0.14 AC lot
    View details
    3820 Saginaw St
    FINANCIAL BUILDING

    3820 Saginaw St, Lansing, MI 48917-2201

    $375,000
    Estimated value
    3,866 sqft 0.63 AC lot
    View details
    901 Creyts Rd
    FINANCIAL BUILDING

    901 Creyts Rd, Lansing, MI 48917-9222

    $175,000
    Estimated value
    1,951 sqft 1.04 AC lot
    View details
    6336 Cedar St
    FINANCIAL BUILDING

    6336 Cedar St, Lansing, MI 48911-5957

    $3,045,000
    Estimated value
    2,784 sqft 1.26 AC lot
    View details
    6101 Saginaw Hwy
    FINANCIAL BUILDING

    6101 Saginaw Hwy, Lansing, MI 48917-2466

    $1,415,000
    Estimated value
    3,458 sqft 1.71 AC lot
    View details
    3215 Martin Luther King Jr Blvd
    FINANCIAL BUILDING

    3215 Martin Luther King Jr Blvd, Lansing, MI 48910-2941

    $310,000
    Estimated value
    2,016 sqft 0.73 AC lot
    View details
    6927 Cedar St, Unit 9
    FINANCIAL BUILDING

    6927 Cedar St, Lansing, MI 48911-6916

    Unit 9
    $780,000
    Estimated value
    8,959 sqft 2.44 AC lot
    View details
    5507 Saginaw Hwy
    FINANCIAL BUILDING

    5507 Saginaw Hwy, Lansing, MI 48917-1920

    $855,000
    Estimated value
    3,322 sqft 0.68 AC lot
    View details
    1700 Lk Lansing Rd, Unit 3
    FINANCIAL BUILDING

    1700 Lk Lansing Rd, Lansing, MI 48912-3710

    Unit 3
    $325,000
    Estimated value
    2,365 sqft 1.20 AC lot
    View details
    1700 Lk Lansing Rd
    FINANCIAL BUILDING

    1700 Lk Lansing Rd, Lansing, MI 48912-3710

    $310,000
    Estimated value
    2,365 sqft 1.97 AC lot
    View details
    5615 Saginaw Hwy
    FINANCIAL BUILDING

    5615 Saginaw Hwy, Lansing, MI 48917-2456

    $655,000
    Estimated value
    5,266 sqft 1.20 AC lot
    View details
    3015 Saginaw St
    FINANCIAL BUILDING

    3015 Saginaw St, Lansing, MI 48912-4709

    $295,000
    Estimated value
    2,440 sqft 0.22 AC lot
    View details
    5611 Saginaw Hwy
    FINANCIAL BUILDING

    5611 Saginaw Hwy, Lansing, MI 48917-2456

    $580,000
    Estimated value
    5,981 sqft 1.73 AC lot
    View details
    301 Jolly Rd
    FINANCIAL BUILDING

    301 Jolly Rd, Lansing, MI 48910-6676

    $515,000
    Estimated value
    5,018 sqft 1.81 AC lot
    View details
    7525 Saginaw Hwy
    FINANCIAL BUILDING

    7525 Saginaw Hwy, Lansing, MI 48917-1130

    $380,000
    Estimated value
    1,724 sqft 0.98 AC lot
    View details
    104 Washington Sq
    FINANCIAL BUILDING

    104 Washington Sq, Lansing, MI 48933-1704

    $380,000
    Estimated value
    7,040 sqft 0.13 AC lot
    View details
    6440 Pennsylvania Ave
    FINANCIAL BUILDING

    6440 Pennsylvania Ave, Lansing, MI 48911-5963

    $405,000
    Estimated value
    5,037 sqft 1.63 AC lot
    View details

    Lansing, MI Banks Market Trends and Statistics

    Explore 51 banks for sale in Lansing, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,196 square feet of properties for sale, with an estimated market value of $2,549,000.

    Sale prices for bank buildings in Lansing, MI start at $299,000, averaging $637,250, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 43
    Shopping centers 31
    Automotive properties 29
    Auto shops 22
    Showrooms 11

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48906 $299K
    48910 $350K
    48912 $950K

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Lansing, MI

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    • 48912
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