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    1115 S Pennsylvania Ave Lansing, MI 48912

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    For Lease
    $1,600,000

    49,000 SF building with flex space available for rent.

    Property size:
    10,316 SF
    Lot size:
    1.81 Acres

    Property Features for 1115 S Pennsylvania Ave

    General Information

    Size
    10,316 SF
    Lot size
    1.81 Acres

    Source: Martin Commercial Properties Agent Eric F. Rosekrans, CCIM, CPM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Building with Flex Space

    The Penn Building is a 49,000 square foot, two-story building featuring flex space in the back. Suites 101 and 103 offer a large formal reception area, 10 exam rooms, 4 private offices, multiple lab spaces, a staff locker room, 4 separate entrances, training rooms, a large break room, and 7 restrooms. The property has over 240 feet of frontage on Pennsylvania Avenue and spans the lighted corner at Haco Drive and Walsh Street, which provides access to supplemental parking to the north. Sign opportunities include large pylon and building signage along Pennsylvania Avenue. The property is located only 2 blocks south of I-496 with nearly 15,000 vehicles per day on Pennsylvania Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Munch's Supply Co. Heating Equipment Supplier Willow Health Center Medical Clinic River Oak Community ... Medical Clinic Dr. Jevon Mcfadden Internist Jennifer Ludwig Nurse Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.537194
    Latitude
    42.721741

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    FAQs

    What type of property is this?
    Office building - 49,000 SF building with flex space available for rent.
    Where is this office building located?
    The property is located at 1115 S Pennsylvania Ave Lansing, MI.
    What are key features of this property?
    This property features: - Large, flexible space (49,000 SF) suitable for various uses.; - High visibility with +240’ frontage on Pennsylvania Avenue and prominent signage opportunities.; - Multiple entrances (4) and a layout ideal for medical or professional services (exam rooms, offices, labs).
    (517) 290-7606
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    1115 S Pennsylvania Ave Lansing, MI 48912
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    Lansing, MI 48912
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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
    1115 S Pennsylvania Ave Lansing, MI 48912
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