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Second-Floor Office Suite
For Lease
$10 SF/Yr

231 M. A. C. Avenue, East Lansing, MI 48823

COMMERCIAL - East Lansing, MI

Space Size5,000 SF
Lot Size0.15 Acres
Days on Market410

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 Forced Air, Natural Gas
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
Listed By: David Ledebuhr · License #6502109685
Added: Jun 30, 2025 Changed: Aug 4 Last Checked: Aug 13 at 8:06AM
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.

This offering is for the second floor only, previously used as office space. The space includes nice windows and is available as a single suite for office use, with no elevator service and no parking included.

The property is located in East Lansing in the commercial city center and is described as being across from MSU. The building is B-3 City Center zoned, and the listed rent includes utilities and taxes.

Prospective tenants should note that the space is second-floor access only (no elevator) and that parking is not included with the lease.

Key Highlights

  • B‑3 City Center zoning; second (2nd) floor only, last used as office space
  • Available 5,000 SF for lease
  • Brick construction with flat roof

Property Analytics

Current Use

Office Units

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby

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

Market

Lease Benchmarks for East Lansing, MI

$12.88 /SF/Yr
Avg Asking Price
$10–$15 /SF/Yr
Price Range
9,740 SF
Avg Space Size

This space is priced 22% below the average of $12.88 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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 suite with large windows in a B-3 zoned downtown setting, with utilities and taxes included.
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: B‑3 City Center zoning; second (2nd) floor only, last used as office space; Available 5,000 SF for lease; Brick construction with flat roof
More about this property
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