Downtown Office
For Lease
$10 SF/Yr
231 M. A. C. Avenue, East Lansing, MI 48823
Commercial Lease, East Lansing, MI
Space Size5,000 SF
Lot Size0.15 Acres
Days on Market464
Property Features for 231 M. A. C. Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Zoning
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
None
Appliances
Gas Water Heater
Subdivision
College Grove
Elementary school district
East Lansing
Middle school district
East Lansing
High school district
East Lansing
Directions
SW Corner of MAC & Albert Ave. 2nd Floor Only
Standard status
Active
APN
33-20-02-18-162-003
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
25
Tax Description
Lot 14 Excluding South 53ft 3inches College Grove
Legal Description
Lot 14 Excluding South 53ft 3inches College Grove
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
2
Number of units
1
Building materials
Brick
Roof type
Flat
Listing Agency:
Musselman Realty Company
(517) 332-3582
Listed By:
David Ledebuhr · License #6502109685
(517) 256-8700
Added: Jun 30, 2025
Changed: Sep 12
Last Checked: Oct 6 at 6:06AM
MLS# 289351
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The second floor of this 1962 brick building offers 5000 sq ft of office space in a multi-room configuration. The space was last used for offices and features natural-gas forced-air heat, central air conditioning, attractive windows, and a flat roof. A bathroom is included, while the building has no elevator and no parking is included.
Located in the commercial city center of East Lansing across from MSU, the property is zoned B-3 City Center. The lease includes utilities and taxes. Public water and public sewer serve the property, with cable available.
Located in the commercial city center of East Lansing across from MSU, the property is zoned B-3 City Center. The lease includes utilities and taxes. Public water and public sewer serve the property, with cable available.
Key Highlights
- 5000 sq ft available on the second floor
- B‑3 City Center zoning
- Across from MSU in downtown East Lansing
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
Explore this area
Business Placement
Demographics for 48823, MI
51,793
Population
23,757
Households
2.2
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
2,195
Density / Sq Mi
$50,837
Median Household Income
$19,837
Median Earnings
$1,127
Median Rent
$261,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for East Lansing, MI
$19.18 /SF/Yr
Avg Asking Price
$9–$46.71 /SF/Yr
Price Range
10,382 SF
Avg Space Size
This space is priced 48% below the average of $19.18 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space with central air, public utilities, and a city-center setting across from MSU.
Where is this office units located?
The property is located at 231 M. A. C. Avenue East Lansing, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 5000 sq ft available on the second floor; B‑3 City Center zoning; Across from MSU in downtown East Lansing
