Lansing, MI Conventional restaurants for Rent & Lease

Updated: Jan 26

Restaurant Kitchen Space

208 S Washington Square, Lansing, MI 48933

$15 SF/Yr

10,800 sqft 0.08 AC lot

10,800 square feet of first‑floor commercial space
Complete commercial kitchen with fire suppression and sprinkler systems
Kitchen appliances are excluded from the lease
Built in 1891 with brick construction
Central air conditioning, central heating, and forced‑air heat

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Updated: Oct 19

Restaurant Space with Kitchen

123 S Washington Square, Lansing, MI 48933

$20 SF/Yr

1,452 sqft

1,452‑square‑foot restaurant space
Existing restaurant layout with commercial kitchen area, exhaust hood, dining area, and restrooms
DT‑3 zoning
Corner position with large storefront windows and street frontage
Near the Michigan State Capitol, downtown offices, and local businesses

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Restaurant & Entertainment Venue with Patio

410 S Clippert St, Lansing, MI 48912

$12 SF/Yr

11,976 sqft

Turnkey former restaurant and entertainment space with updated kitchen equipment, stage area, and an expansive rear patio.

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Built-Out Restaurant Space

3214 E Michigan Ave, Lansing, MI 48912

$20 SF/Yr

200,000 sqft

Sublease opportunity with commercial kitchen systems, restroom facilities, and signage potential along a prominent corridor.

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Built-Out Drive-Through Restaurant

1620 E Michigan Ave, Lansing, MI 48912

Contact for pricing

Former restaurant space with commercial kitchen equipment, refrigeration, and access from two streets.

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Freestanding Drive-Thru Restaurant

4021 W Saginaw Hwy, Lansing, MI 48917

$30 SF/Yr

3,119 sqft 1.32 AC lot

B1-zoned restaurant site with parking and access from W. Saginaw Hwy and N Dibble Ave.

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Former Restaurant Suite with Hood

319 325 S Waverly Road, Lansing, MI 48917

$12 SF/Yr

23,937 sqft

Restaurant suite includes a hood and walk-in cooler within Waverly Center on heavily traveled Waverly Road.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 7 Active listings in Lansing, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 9 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

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

Restaurant Space in Strip Center

7851 Spring Arbor Road, Spring Arbor, MI 49283

$12 SF/Yr

3,100 sqft 8.40 AC lot

Former restaurant premises with central air, forced-air heating, and access to a shared commercial setting.

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Restaurant Space with Equipment

7851 Spring Arbor Road 24-26, Spring Arbor, MI 49283

$12 SF/Yr

3,100 sqft

Former restaurant premises in a strip center along M-60 with access serving nearby residents, commuters, and Spring Arbor University.

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Quick-Serve Restaurant Space

7733 E Saginaw St, East Lansing, MI 48823

$32 SF/Yr

7,897 sqft

90% complete quick-serve restaurant build in Terra Vista Retail Center at a lighted, high-traffic intersection.

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Restaurant Site with Pylon Signage

1518 W Grand River Ave, East Lansing, MI 48823

$30 SF/Yr

Food-and-beverage space offers two access points, striped parking, and prominent freestanding signage.

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Similar Spaces for Sale in Lansing, MI

Consider Similar Space for Sale. We found 9 Spaces matching your search parameters.

Ground-Leased Retail/Restaurant Building

6524 E Saginaw Hwy, Lansing, MI 48917

$2,562,183

6,893 sqft

Well-maintained 6,893 SF ground-leased building built in 2003, zoned C, with newly extended 15-year lease.

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Drive-Through Restaurant Sale-Leaseback

6525 S Pennsylvania Ave, Lansing, MI 48911

$1,600,000

3,016 sqft

An operating restaurant property with drive-thru functionality and an in-place modified gross lease.

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Full-Service Restaurant with Patio

172 E Edgewood Blvd, Lansing, MI 48911

$525,000

4,285 sqft 1.17 AC lot

Restaurant property includes an operational kitchen, covered outdoor seating, and dedicated parking.

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Updated Restaurant Building

3135 S Pennsylvania Avenue, Lansing, MI 48910

$299,900

3,004 sqft

Operating restaurant property with commercial kitchen infrastructure, cooling capacity, and adaptable interior space.

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Freestanding Storefront with Parking

401 E Mount Hope Avenue, Lansing, MI 48910

$298,000

2,220 sqft

Freestanding commercial space with private parking, existing bathrooms, and flexibility for a new retail or service concept.

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Freestanding Former Wendy’s Restaurant

2727 Eaton Rapids Rd, Lansing, MI 48911

Contact for pricing

3,550 sqft

Former Wendy’s property with C-3 zoning near an I-96 off-ramp.

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Applebee's NNN Restaurant

6270 S. Cedar Street, Lansing, MI 48911

Contact for pricing

The restaurant is positioned along S Cedar Street near I-96 and surrounding retail destinations.

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Restaurant with Drive-Thru For Sale

4021 W Saginaw Hwy, Lansing, MI 48917

Contact for pricing

2,856 sqft 1.32 AC lot

Free-standing restaurant with drive-thru on 1.32 acres.

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Old Town Diner with Garage

516 E Grand River Avenue, Lansing, MI 48906

$399,000

1,587 sqft 0.20 AC lot

Remodeled restaurant property with a commercial kitchen, customer seating, and front and rear parking.

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Lansing, MI Conventional restaurants Lease Rates & Market Statistics

Explore 7 Conventional restaurants for lease in Lansing, MI on Realmo, a commercial real estate exchange covering the Lansing area. The current inventory totals 251,284 square feet of properties.

Conventional restaurants lease rates in Lansing range from $12 SF/Yr at the entry level to $30 SF/Yr at the top of the market, averaging $18.17 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $18.17 SF/Yr is 13% below the Michigan state average of $20.83 SF/Yr.

Lansing accounts for 88% of the 8 conventional restaurants currently available across Ingham County, where nearby markets include East Lansing and Holt. Conventional restaurants make up 78% of the 9 Restaurants currently for lease in Lansing, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Drive through restaurants (3 listings) elsewhere in the Lansing market.

Featured Lansing Real Estate Agencies

Realmo connects you with licensed Lansing CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Keller Williams Realty

3490 Belle Chase Way Lansing, MI 48911

Phone: 15178531200

www.lansingkellerwilliams.com

Home Towne Realty Group

15851 S. US 27, Bldg. 10, Ste. 16 Lansing, MI 48906

Phone: 15173722273