Office Building with Biggby
For Lease
$14 SF/Yr
115 W Allegan St, Lansing, MI 48933
Downtown CBD office property near the State Capitol with a first-floor coffee tenant.
Space SizeContact for details
Property Size34,320 SF
Days on Market1984
Property Features for 115 W Allegan St
General Information
Standard status
Active
Size
34,320 SF
Class
C
Property subtype
Office
Zoning
DT-3
Building Details
Building Size
34,320 SF
Year Built
1916
Buildings
1
Stories
10
Listing Agency:
Reid Real Estate, LLC
Listed By:
Robert Reid
(517) 346-7700
Source:
Cpix.resimplifi
Added: Apr 1, 2021
Changed: Aug 30
Last Checked: Aug 30 at 9:12AM
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 Reid Real Estate, LLC
Investment Insights
Based on property information with market context.
Available for rent at 115 W Allegan St, this office building was constructed in 1916 and is designated DT-3. Biggby Coffee occupies space on the first floor, adding an established coffee use within the building.
The property is in Downtown Lansing’s CBD, one block from the State Capitol. Restaurants, banks, state office buildings, and courts are all within walking distance, placing the building amid Lansing’s civic and business activity.
The property is in Downtown Lansing’s CBD, one block from the State Capitol. Restaurants, banks, state office buildings, and courts are all within walking distance, placing the building amid Lansing’s civic and business activity.
Key Highlights
- DT‑3 zoning
- Constructed in 1916
- Biggby Coffee located on the first floor
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
Explore this area
Business Placement
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 11% below the average of $15.68 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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 building - Downtown CBD office property near the State Capitol with a first-floor coffee tenant.
Where is this office building located?
The property is located at 115 W Allegan St Lansing, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: DT‑3 zoning; Constructed in 1916; Biggby Coffee located on the first floor
