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Corner First-Floor Retail Suite
For Lease
$20 SF/Yr

106 W Allegan St Retail, Lansing, MI 48933

First-floor retail suite in the iconic Hollister Building at a downtown corner location for restaurants and shops.

Space SizeContact for details
Days on Market144

Property Features for 106 W Allegan St Retail

General Information

Standard status Active
Property subtype Retail
Zoning DT-3
Listing Agency: Martin Commercial Properties
Listed By: Samantha Le · License #6501447479
Source: Cpix.resimplifi
Added: Apr 15 Changed: Aug 8 Last Checked: Sep 5 at 3:51AM

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.

Available for rent is a first-floor retail suite located in the iconic Hollister Building at the corner of Washington Square and Allegan Street. The space benefits from a street-corner setting in a building positioned as a hub for restaurants and shops.

Situated at 106 W Allegan St in Lansing, the surrounding area serves thousands of downtown workers, supporting consistent activity for complementary retail users.

This offering is best suited for tenants seeking a downtown storefront presence within a well-known, active retail setting on the first floor.

Key Highlights

  • First‑floor retail suite in the iconic Hollister Building
  • Located at the corner of Washington Square and Allegan Street in downtown
  • Situated in an area with restaurants and shops for thousands of downtown workers

Property Analytics

Current Use

RWC Advocacy Law Firm Michigan Commission on Law ... Government Office Michigan Chapter - American ... Association Or Organization Michigan Council for Maternal ... Charitable Organization Deloitte Business Management Consultant

Suggested Use

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,235
Businesses Nearby
Under-served
Demand for This Use

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

$12.06 /SF/Yr
Avg Asking Price
$3.53–$28 /SF/Yr
Price Range
8,532 SF
Avg Space Size

This space is priced 66% above the average of $12.06 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Storefront property - First-floor retail suite in the iconic Hollister Building at a downtown corner location for restaurants and shops.
Where is this storefront property located?
The property is located at 106 W Allegan St Retail Lansing, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: First‑floor retail suite in the iconic Hollister Building; Located at the corner of Washington Square and Allegan Street in downtown; Situated in an area with restaurants and shops for thousands of downtown workers
More about this property
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