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Historic Two-Level Office Property
For Sale
$285,000

1031 N Washington Avenue, Lansing, MI 48906

MULTI_FAMILY - Colonial - Lansing, MI

Property Size2,727 SF
Lot Size0.25 Acres
Price / SF$104.51
Days on Market171

Property Features for 1031 N Washington Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial,Multi-Family,O
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1
Parking 6
Interior features Entrance Foyer, High Spd Internet Avail, Programmable Thermostat, Exterior Video Surveillance
Exterior features Private Entry
Subdivision Original Of Lansing
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
Directions From US-127 North, take the Saginaw Street exit toward Downtown Lansing. Turn left (west) onto E. Saginaw Street, then turn right (north) onto N. Washington Avenue. Property will be on the left in Old Town Lansing.
Standard status Active
APN 010109334141
Size 2,727 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description E 100 FT OF S 21 FT LOT 1 & E 100 FT OF N 33 FT LOT 2 BLOCK 41 ORIG PLAT
Tax Annual Amount 4763
Legal Description E 100 FT OF S 21 FT LOT 1 & E 100 FT OF N 33 FT LOT 2 BLOCK 41 ORIG PLAT

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

high ceilings
natural light
half bathroom
kitchenette
flexible layout
separate meters
rear access

Building Details

Year built 1860
Floors in Building 2
Number of units 2
Building materials Wood
Architectural style Colonial
Listing Agency: EXP Realty Main
Listed By: Audrey Schultz · License #6501463146
Added: Feb 19 Changed: Aug 7 Last Checked: Aug 9 at 2:06AM
MLS# 20261009034

Copyright © 2026 Realcomp Limited II. 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.

Built in 1860, this 2,727-square-foot Colonial property contains two office suites arranged across ground and upper levels. Each suite has its own entrance, while separate meters and rear access provide operational separation. Interior features include high ceilings, natural light, a half bathroom, kitchenette, six private offices upstairs, a shared kitchen, and a full bathroom. Central air, forced-air heating, programmable thermostat, high-speed internet availability, and exterior video surveillance are also in place.

The property occupies 0.25 acres at 1031 N Washington Avenue in Lansing’s Old Town district, with frontage along N. Washington Avenue and on-site parking. The lower suite is occupied by an engineering firm whose ownership is relocating, while the upper suite is available for lease. The layout supports continued office use and potential residential or live/work adaptation with improvements, including added plumbing and kitchen equipment on the lower level.

Key Highlights

  • 2,727 SF Colonial office property built in 1860
  • Two office suites with separate entrances and meters
  • Upper level includes six private offices, shared kitchen, and full bath

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Skin Care Clinic Dental Office Spa & Massage Center Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

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

2
Office units

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value

Market

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 units - Separate entrances and metering support flexible suite arrangements.
Where is this office units located?
The property is located at 1031 N Washington Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,727 SF Colonial office property built in 1860; Two office suites with separate entrances and meters; Upper level includes six private offices, shared kitchen, and full bath
More about this property
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