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    Lansing, MI
    Conventional Restaurant

    Lansing, MI Conventional Restaurants for Sale

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    East Lansing, MI Dewitt, MI Holt, MI Dimondale, MI Okemos, MI Mason, MI Bath, MI Haslett, MI
    Restaurant with Drive-Thru For Sale
    Updated: Nov 9, 2022
    Restaurant with Drive-Thru For Sale

    4021 W Saginaw Hwy, Lansing, MI 48917

    $889,000
    2,856 sqft 1.32 AC lot
    Prime location on W. Saginaw Hwy next to McDonald's
    Free‑standing restaurant with drive‑thru
    High‑traffic area with excellent visibility and accessibility
    1.32 total acres providing ample parking and ingress/egress
    Suitable for various restaurant types (fast/casual, fast‑food, coffee shop, etc.)
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    This listing looks promising.

    Here's a quick look at some key insights for

    4021 W Saginaw Hwy, Lansing, MI 48917

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $436K
      Suggested

    • Last Sold

      Jun 2010
      $268K

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 1960
    View Property Analytics
    Ground-Leased Retail/Restaurant Building
    Updated: Jun 4
    Ground-Leased Retail/Restaurant Building

    6524 W Saginaw Hwy, Lansing, MI 48917

    $2,795,000
    6,893 sqft
    Well‑maintained 6,893 SF building constructed in 2003 on a low rent ground lease
    15‑year lease extension just received
    Zoned C
    Ground‑leased commercial building in Lansing, MI
    View details
    Two-Tenant Retail Center with Parking
    Two-Tenant Retail Center with Parking

    5924 W Saginaw Hwy, Lansing, MI 48917

    Contact for pricing
    9,942 sqft 1.57 AC lot

    Two corporately guaranteed NNN tenants occupy a two-tenant retail center with ample on-site parking.

    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Retail/Office Building with Drive-Thru
    Retail/Office Building with Drive-Thru

    2260 Jolly Oak Rd, Okemos, MI 48864

    $1,189,000
    3,932 sqft 1.61 AC lot

    Retail/office property with an existing drive-thru setup, on-site parking, and expansion capacity using excess land.

    View details
    Redevelopment Restaurant and Retail Buildings
    Redevelopment Restaurant and Retail Buildings

    122 S Clinton Street, Stockbridge, MI 49285

    $450,000
    16,967 sqft

    Two historic buildings provide a one-story open floor and attached mixed-use shell in the central business district.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    3464, Okemos, MI 48864

    $449,900

    Freestanding 2,100 SF restaurant building offers ample on-site parking and strong street presence on a high-traffic corridor.

    View details
    Renovated Historic Building on Trail
    Renovated Historic Building on Trail

    915 South Clinton Street, Stockbridge, MI 49285

    $325,000

    Renovated building on the Mike Levine Lakeland Trail.

    View details

    Lansing, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Lansing, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,691 square feet of properties for sale, with an estimated market value of $3,684,000.

    Sale prices for conventional restaurants in Lansing, MI start at $889,000, averaging $1,842,000, and reaching up to $2,795,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 12
    Bars & Pubs 4
    Drive through restaurants 4
    Breakfast & diners 2
    Coffee shops 2

    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
    48917 $1.8M

    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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