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    Lansing, MI
    Grocery Store

    Lansing, MI Grocery And Convenience Stores for Sale

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    East Lansing, MI Dewitt, MI Holt, MI
    Commercial Strip on Pennsylvania Avenue
    Updated: Mar 24
    Commercial Strip on Pennsylvania Avenue

    5326 S PENNSYLVANIA Ave, Lansing, MI 48911

    $1,150,000
    3,000 sqft · 0.53 AC lot
    Prime commercial strip location on main Pennsylvania Avenue.
    Six units offering diverse income potential (grocery store, barber shop, office space, storage).
    Option to purchase the established Middle Eastern Grocery Store business for $450,000 (including inventory and equipment) with training provided.
    Recently updated features: New roof (2016), New AC unit (2015), LED lights in grocery store (2023), remodeled second‑floor office space (2022).
    Significant 3000 sq ft of storage space behind the building, offering additional rental income potential.
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    Commercial Strip with Grocery Store
    Updated: Jul 25, 2024
    Commercial Strip with Grocery Store

    5324 S Pennsylvania Ave, Lansing, MI 48911

    $450,000
    0.53 AC lot
    Prime location on main Pennsylvania Avenue.
    Established Middle Eastern Grocery Store business included.
    Recent 2023 LED lighting upgrade.
    Includes bakery and foot counter.
    Second‑floor office space with recent 2022 remodel.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 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.

    Convenience Store with Rental Residence
    Convenience Store with Rental Residence

    13027 Banfield Road, Battle Creek, MI 49017

    $339,900
    5,070 sqft · 1.12 AC lot

    Convenience store sale includes business, equipment, and licenses, plus a walk-in cooler and adjacent finished living space.

    View details
    Prime Corner Parcel in Jackson
    Prime Corner Parcel in Jackson

    108 Cooper Street, Jackson, MI 49201

    $1,000,000
    3,672 sqft · 1.32 AC lot

    High-visibility 1.32 acre corner lot in downtown Jackson.

    View details
    Prime Downtown Corner Parcel
    Prime Downtown Corner Parcel

    108 Cooper St, Jackson, MI 49201

    $1,000,000
    1.32 AC lot

    High-visibility corner lot in Jackson, Michigan's growing downtown.

    View details
    Retail, Special Purpose
    Retail, Special Purpose

    625 North Ave, Battle Creek, MI 49017

    $494,000
    2,100 sqft

    Retail space · 2,100 SF

    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.

    Prime Development Site on I-94
    Prime Development Site on I-94

    VL N Parma Road, Parma, MI 49269

    $549,000
    4.50 AC lot

    4.5+/- acre commercial land with high visibility and access.

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    Prime Corner Lot in Jackson
    Prime Corner Lot in Jackson

    108 Cooper Street, Jackson, MI 49201

    $1,000,000
    3,672 sqft · 1.32 AC lot

    High-visibility 1.32-acre corner lot near downtown Jackson.

    View details
    Commercial Land in Summit Twp
    Commercial Land in Summit Twp

    3845 Weatherwax Drive, Jackson, MI 49203

    $125,000
    2.52 AC lot

    2.52 acre commercial land with development potential in Jackson, MI.

    View details
    Commercial Land in Summit Twp
    Commercial Land in Summit Twp

    3845 Weatherwax Drive, Jackson, MI 49203

    $250,000
    6.79 AC lot

    Development property with road frontage and high traffic counts.

    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.

    6823 Cedar St
    GROCERY, SUPERMARKET

    6823 Cedar St, Lansing, MI 48911

    Value Estimation by Request
    3,193 sqft · 0.72 AC lot
    View details
    2919 Cedar St
    GROCERY, SUPERMARKET

    2919 Cedar St, Lansing, MI 48910-3032

    Value Estimation by Request
    7,050 sqft · 0.50 AC lot
    View details
    4306 Saginaw Hwy
    CONVENIENCE STORE

    4306 Saginaw Hwy, Lansing, MI 48917-2112

    Value Estimation by Request
    414 sqft · 0.33 AC lot
    View details
    16203 Us Hwy 27
    GROCERY, SUPERMARKET

    16203 Us Hwy 27, Lansing, MI 48906-5634

    Value Estimation by Request
    3,456 sqft · 0.40 AC lot
    View details
    1826 Cedar St
    GROCERY, SUPERMARKET

    1826 Cedar St, Lansing, MI 48910-9102

    Value Estimation by Request
    3,080 sqft · 0.45 AC lot
    View details
    1200 Willow St, Unit 3
    GROCERY, SUPERMARKET

    1200 Willow St, Lansing, MI 48915-2256

    Unit 3
    Value Estimation by Request
    1,968 sqft · 0.17 AC lot
    View details
    2000 Lk Lansing Rd
    CONVENIENCE STORE

    2000 Lk Lansing Rd, Lansing, MI 48912-3610

    $5,055,000
    Estimated value
    2,325 sqft · 0.87 AC lot
    View details
    801 Martin Luther King Jr Blvd
    CONVENIENCE STORE

    801 Martin Luther King Jr Blvd, Lansing, MI 48915-1058

    $735,000
    Estimated value
    2,259 sqft · 0.61 AC lot
    View details
    4114 Cedar St
    GROCERY, SUPERMARKET

    4114 Cedar St, Lansing, MI 48910-4508

    Value Estimation by Request
    4,017 sqft · 0.49 AC lot
    View details
    200 Martin Luther King Jr Blvd
    GROCERY, SUPERMARKET

    200 Martin Luther King Jr Blvd, Lansing, MI 48915-1718

    Value Estimation by Request
    1,840 sqft · 0.29 AC lot
    View details
    3127 Turner St
    GROCERY, SUPERMARKET

    3127 Turner St, Lansing, MI 48906-3124

    Value Estimation by Request
    3,324 sqft · 0.40 AC lot
    View details
    6233 Bishop Rd
    GROCERY, SUPERMARKET

    6233 Bishop Rd, Lansing, MI 48911

    Value Estimation by Request
    4,140 sqft · 0.71 AC lot
    View details
    2802 Grand Riv Ave
    GROCERY, SUPERMARKET

    2802 Grand Riv Ave, Lansing, MI 48906

    Value Estimation by Request
    11,235 sqft · 1.03 AC lot
    View details
    2201 Holmes Rd
    GROCERY, SUPERMARKET

    2201 Holmes Rd, Lansing, MI 48911

    Value Estimation by Request
    3,315 sqft · 0.61 AC lot
    View details
    916 Cesar E Chavez Ave, Unit 30
    GROCERY, SUPERMARKET

    916 Cesar E Chavez Ave, Lansing, MI 48906-5344

    Unit 30
    Value Estimation by Request
    1,100 sqft · 0.09 AC lot
    View details
    3600 Martin Luther King Jr Blvd, Unit 1
    GROCERY, SUPERMARKET

    3600 Martin Luther King Jr Blvd, Lansing, MI 48910-4351

    Unit 1
    Value Estimation by Request
    6,700 sqft · 0.71 AC lot
    View details
    6300 St Joe Hwy
    CONVENIENCE STORE

    6300 St Joe Hwy, Lansing, MI 48917-4879

    Value Estimation by Request
    5,742 sqft · 1.89 AC lot
    View details
    644 Migaldi Ln
    GROCERY, SUPERMARKET

    644 Migaldi Ln, Lansing, MI 48917-7750

    $1,760,000
    Estimated value
    21,619 sqft · 3.84 AC lot
    View details
    1801 Grand Riv Ave, Unit 9
    CONVENIENCE STORE

    1801 Grand Riv Ave, Lansing, MI 48906-3906

    Unit 9
    Value Estimation by Request
    668 sqft · 0.84 AC lot
    View details
    1001 Saginaw St
    GROCERY, SUPERMARKET

    1001 Saginaw St, Lansing, MI 48915-1966

    Value Estimation by Request
    6,682 sqft · 0.23 AC lot
    View details
    1910 Lk Lansing Rd, Unit 6
    GROCERY, SUPERMARKET

    1910 Lk Lansing Rd, Lansing, MI 48912-3713

    Unit 6
    Value Estimation by Request
    2,944 sqft · 0.34 AC lot
    View details
    2315 Grand Riv Ave
    CONVENIENCE STORE

    2315 Grand Riv Ave, Lansing, MI 48912-3223

    Value Estimation by Request
    2,012 sqft · 0.32 AC lot
    View details

    Lansing, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 72 grocery and convenience stores for sale in Lansing, MI on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $1,150,000.

    Sale prices for supermarkets in Lansing, MI start at $1,150,000, averaging $1,150,000, and reaching up to $1,150,000 — 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

    Shopping centers 31
    Storefront properties 19
    Automotive properties 13
    Auto shops 10
    Banks 8

    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
    48911 $800K

    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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