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Downtown Office Building with Executive Suites
For Lease
$30 SF/Yr

101 N Washington Square, Lansing, MI 48933

Comerica Building offers up to 35,000 SF of office space, including built-out 4th-floor executive suites with large windows.

Space SizeContact for details
Property Size71,825 SF
Days on Market4000

Property Features for 101 N Washington Square

General Information

Standard status Active
Size 71,825 SF
Class B
Property subtype Office
Zoning DT-3
Lease Type Full Service

Building Details

Building Size 71,825 SF
Year Built 1931
Year Renovated 1974
Buildings 1
Stories 14
Listing Agency: Martin Commercial Properties
Listed By: Thomas Jamieson
Source: Cpix.resimplifi
Added: Sep 25, 2015 Changed: Aug 8 Last Checked: Sep 6 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Martin Commercial Properties

Investment Insights

Based on property information with market context.

The Comerica Building is a prominent downtown Lansing office tower offering up to 35,000 SF of space for flexible suite configurations. The building includes fully built-out executive suites on the 4th floor, described as turnkey options intended for immediate occupancy, with classic finishes and a professional building atmosphere. The 4th floor suites feature large expansive windows with views of Washington Square.

The property is located one block south of the Michigan State Capitol at the high-profile intersection of Washington Square and Michigan Avenue. Tenants benefit from close proximity to the Lansing Center, courts, and a variety of restaurants and shops.

Leasing is offered on a full-service basis, with an advertised rate of $18.50 PSF/YR. The 4th floor executive suites are listed at $30.00 PSF/YR.

Key Highlights

  • Up to 35,000 SF of office space in the Comerica Building at 101 N Washington Square (Year built: 1931).
  • 4th floor fully built‑out executive suites available at $30.00 PSF/YR with large expansive windows overlooking Washington Square.
  • Lease rate listed at $18.50 PSF/YR full service.

Property Analytics

Current Use

Michigan Cannabis Industry ... Big Box & Wholesale Store BM-Publisher Publishing House Gongwer News Service ... Newspaper & Magazine Comerica Bank Bank Cartwright Dumpster Rental Waste Management Facility

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Nail Salon Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,341
Businesses Nearby

Demographics for 48933, MI

2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
Median Home Value

Market

Lease Benchmarks for Lansing, MI

$15.68 /SF/Yr
Avg Asking Price
$8–$30 /SF/Yr
Price Range
59,108 SF
Avg Space Size

This space is priced 91% above the average of $15.68 /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
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Frequently Asked Questions

What type of property is this?
Office building - Comerica Building offers up to 35,000 SF of office space, including built-out 4th-floor executive suites with large windows.
Where is this office building located?
The property is located at 101 N Washington Square Lansing, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Up to 35,000 SF of office space in the Comerica Building at 101 N Washington Square (Year built: 1931).; 4th floor fully built‑out executive suites available at $30.00 PSF/YR with large expansive windows overlooking Washington Square.; Lease rate listed at $18.50 PSF/YR full service.
More about this property
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