East Lansing, MI Commercial Real Estate for Sale

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Updated: Mar 1

East Lansing Office/Condo Space

1550 Watertower Pl, East Lansing, MI 48823

$850,000

6,915 sqft 0.26 AC lot

6,915 SF office/condo space in a 11,984 SF building on a 0.26‑acre lot.
Built in 2008 and in very good condition.
Suitable for 17 staff members with (12) exam rooms with sinks and numerous medical amenities.**
Ample parking with ±75 vehicle spaces.**
Multiple points of ingress/egress from West Road and Coolidge Road.

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This listing looks promising.

Here's a quick look at some key insights for

1550 Watertower Pl, East Lansing, MI, 48823

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$58K
Annual
Price @ 7% Cap

$833K
Suggested

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Updated: Feb 16

Ranch-Style Religious Facility Building

1635 Coolidge Road, East Lansing, MI 48823

$689,900

11,715 sqft 2.40 AC lot

2.4‑acre site with 11,715 SF ranch‑style facility
Currently operating as a church with tax‑exempt status
Interior layout includes open spaces, multiple private offices, meeting areas, and break rooms
Fully equipped kitchen plus multiple restrooms
Central forced‑air heating and central air cooling

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Professional Office Condominium

3448 E Lake Lansing Road, East Lansing, MI 48823

$420,000

2,487 sqft 0.02 AC lot

Well-maintained office condominium with nine private offices, a reception area, kitchen, elevator access, and a rear deck.

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Commercial Land at Major Intersection

Coleman Road, East Lansing, MI 48823

$199,900

1.70 AC lot

1.7-acre commercial parcel zoned D developmental with strong visibility and convenient access for regional customers.

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Renovated Two-Story Office Building

1650 Kendale Blvd, East Lansing, MI 48823

$1,950,000

14,434 sqft

Renovated brick office property with an elevator and on-site parking.

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Operational Coffee Shop with Equipment

501 E Grand River Avenue, East Lansing, MI 48823

$380,000

7,790 sqft

Established café space includes commercial-grade equipment and a complete setup for beverage and light food service.

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Chinese Restaurant With Food Truck

4750 Hagadorn Rd, East Lansing, MI 48823

$350,000

4,994 sqft

Established operation combines dine-in service with mobile food sales and catering capabilities.

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Updated Professional Office Building

1500 Kendale Blvd, East Lansing, MI 48823

$675,000

11,115 sqft

Professional office building with large updated board room, extensive office space, and on-site parking.

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East Lansing Special Purpose Property

2175 Coolidge Rd, East Lansing, MI 48823

$7,500,000

21,431 sqft

21,431 SF building in East Lansing, MI, built in 2014.

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Retail Center with Vacant Possession

1060 Trowbridge Road, East Lansing, MI 48823

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7,975 sqft

Retail center in East Lansing with tenant set to vacate, allowing the next owner to reconfigure and lease portions.

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Turnkey Coffee Shop Opportunity

501 East Grand River Avenue, East Lansing, MI 48823

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4,000 sqft

Fully built out and equipped coffee shop is ready for immediate continuation of operations.

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Escape Room Entertainment Business

3044 East Lake Lansing Road, East Lansing, MI 48823

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5,230 sqft

For sale entertainment concept with multiple escape rooms, mobile escape rooms, and interactive games.

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Turnkey Salon Business Opportunity

1393 E Grand River Ave, East Lansing, MI 48823

$64,900

1,600 sqft

Well-equipped salon with five styling stations and wash bowls, plus dedicated expansion room for added services.

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Turnkey Salon Business Opportunity

1351 East Grand River Ave, East Lansing, MI 48823

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1,600 sqft

Business sale includes a fully equipped salon layout with five styling stations, two wash bowls, and additional expansion room.

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East Lansing Retail Building

111 E Saginaw St, East Lansing, MI 48823

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14,564 sqft

14,564 SF free-standing building in East Lansing, Michigan.

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Turnkey Medical Office Condominium

1500 Watertower Pl, East Lansing, MI 48823

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2,816 sqft

Turnkey medical office condo with six exam rooms, dedicated X-ray room, waiting area, reception desk, and two restrooms.

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Turnkey Medical Office Condo

1500 Watertower Pl, East Lansing, MI 48823

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2,816 sqft

Turnkey medical office condo includes a waiting area, built-in reception desk, X-ray room, and two restrooms.

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Asher Court Office Park Offices

231 W Lake Lansing Rd, East Lansing, MI 48823

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10,533 sqft

Office suites available in Asher Court Office Park near MSU.

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East Lansing Office Building For Sale

1504 E Grand River Ave, East Lansing, MI 48823

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17,000 sqft

17,000 SF building near Michigan State University.

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East Lansing Office Space Available

740 W Lake Lansing Rd, East Lansing, MI 48823

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8,000 sqft

Office suite for sale in East Lansing near MSU.

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East Lansing Office Suites Near MSU

1504 E Grand River Ave, East Lansing, MI 48823

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17,434 sqft

Finely finished office suites near MSU at Hagadorn and Grand River.

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Professional Office Building Near MSU

4572 S Hagadorn Rd, East Lansing, MI 48823

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34,608 sqft

Office building near Michigan State University with fiber internet access.

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East Lansing Versatile Commercial Property

1635 Coolidge Road, East Lansing, MI 48823

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11,715 sqft

Adaptable building suitable for diverse commercial or community uses.

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Harrison Crossings Office Building

780 W Lake Lansing Rd, East Lansing, MI 48823

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19,000 sqft

Office building with visibility, ample parking, and convenient location.

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East Lansing, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in East Lansing, MI, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 346,464 square feet of properties for sale, with an estimated market value of $13,864,700.

Sale prices for business properties in East Lansing, MI start at $64,900, averaging $1,155,391, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 63K

Population Growth (5Y) -8.2%

Median Household Income $50,837

College Educated 39.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Lansing	$150K
East Lansing	$635.8K

Taxes & Financing

Tax Rate (average for all types) 6.03%

Property Tax per SF $82.00 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 East Lansing fall within the 100,000+ square foot range.

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