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    1701 S. Waverly Rd. Lansing, MI 48917 Lansing, MI 48917

    For Lease
    Contact for pricing

    Prime retail space, high visibility, ample parking.

    Lot size:
    1,621 SF

    Description

    Added:
    Jan 17, 2025
    Days on Market:
    332
    This exceptional 1621 square foot retail space is located in a thriving Lansing, MI shopping center at 1701 S. Waverly Rd., 48917. Benefit from a high traffic count due to its strategic location just south of the I-496/Waverly Rd. interchange, providing excellent visibility and accessibility. The center features convenient free parking, prominent signage opportunities, and large ribbon windows that flood the space with natural light. Enjoy a covered promenade and the advantage of no city income tax. This mixed-use property is situated near several General Motors facilities and the new state-of-the-art Westside YMCA, creating a high volume of foot traffic and potential customers. Join established tenants including Subway, Biggby, Domino's, Fine China, and ARCH Physical Therapy in this vibrant retail environment. The monthly rental rate is to be determined. The lease type and term are negotiable. This property offers a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. Inquire today for more details and leasing options.

    Property Features for 1701 S. Waverly Rd. Lansing, MI 48917

    General Information

    Property type
    Retail residential properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,621 SF
    Elevators
    N/A

    HighLights

    • High traffic count location on S. Waverly Rd., near I‑496 interchange.
    • Ample free parking and prominent signage for optimal visibility.
    • Located near a new YMCA and General Motors facilities, attracting high traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Siraj Bakery & Grill Restaurant Simple As 1, ... Tanning Salon Subway Restaurant God's Little Angels ... Day Care Center Sharon Hefty Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    State
    Michigan
    Longitude
    -84.60124
    Latitude
    42.716078

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    FAQs

    What type of property is this?
    Retail residential property - Prime retail space, high visibility, ample parking.
    Where is this retail residential property located?
    The property is located at 1701 S. Waverly Rd. Lansing, MI 48917 Lansing, MI.
    What are key features of this property?
    This property features: High traffic count location on S. Waverly Rd., near I-496 interchange.; Ample free parking and prominent signage for optimal visibility.; Located near a new YMCA and General Motors facilities, attracting high traffic.
    (517) 204-3688
    Request Owner's contact information
    1701 S. Waverly Rd. Lansing, MI 48917 Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 S. Waverly Rd. Lansing, MI 48917 Lansing, MI 48917
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