Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    313 S Capitol Ave Lansing, MI 48933

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,115,000

    Prime location near Michigan State Capitol with revitalization benefits.

    Lot size:
    1.96 Acres

    Property Features for 313 S Capitol Ave

    General Information

    Lot size
    1.96 Acres

    Source: Martin Commercial Properties Agent Van W. Martin

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

    Overview

    Downtown Lansing Revitalization Opportunity

    Located in downtown Lansing, 313 S. Capitol Avenue and 330 S. Washington Square are situated two blocks from the Michigan State Capitol. The properties are positioned to benefit from the ongoing revitalization of downtown, which is becoming a hub for business, dining, and entertainment. The buildings feature an open floor plan and a modern appearance, and have been well-maintained, making them suitable for a variety of business uses. Downtown Lansing’s transformation is driven by new developments like the Ovation Center, a large-scale performing arts venue set to open in 2025, and the new hotel development at the former City Hall site. These projects are bringing new energy and activity to the area. The properties are within walking distance of the CATA Transportation Center, providing access for employees and visitors. The buildings also feature private, gated parking. Surrounded by major employers, state government offices, and new developments, these properties are positioned to capitalize on the momentum of downtown Lansing’s growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capitol View Apartments Apartment Complex Lansing Excavating Pros Excavating Contractor Spalding DeDecker Civil Engineering Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.553451
    Latitude
    42.73042

    Nearby Similar for Sale

    • $165,000
      0.15 Acres

      Lansing Multifamily Investment Opportunity

      Four-unit multifamily property near U of M Health - Sparrow Hospital.
      602 N Pennsylvania Ave, Lansing, MI 48912
      View Details
    • $652,000
      14,388 SF

      Historic REO Town Marketplace Building

      Unique 14,388 SF building in Lansing's REO Town.
      1023 S Washington Ave, Lansing, MI 48910
      View Details
    • New
      $219,900
      Pending

      Well-Maintained Duplex in Lansing

      Duplex with investment potential, updated mechanicals, and strong rental upside.
      1600 Lockbridge Dr, Lansing, MI 48911
      View Details
    • $290,000
      0.15 Acres

      Two Homes on One Lot

      Two homes on one lot, ideal for living or investment.
      215 Winifred Ave, Lansing, MI 48917
      View Details
    • $1,950,000
      25,986 SF

      Grand Riverfront Commercial Opportunity

      Over 25,000 SF of flexible space in Lansing, MI.
      1212 S Washington Ave Ave, Lansing, MI 48910
      View Details
    • $300,000
      0.19 Acres

      Lansing Multifamily Investment Opportunity

      Multifamily property in Lansing, suitable for investors or homeowners.
      412 S Hayford Ave, Lansing, MI 48912
      View Details

    FAQs

    What type of property is this?
    Office building - Prime location near Michigan State Capitol with revitalization benefits.
    Where is this office building located?
    The property is located at 313 S Capitol Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $3,115,000.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Lansing, two blocks from the Michigan State Capitol.; - Benefit from the ongoing revitalization of downtown Lansing, a rapidly growing hub for business, dining, and entertainment.; - Proximity to exciting new developments like the Ovation Center (opening in 2025) and a new hotel, driving energy and activity.
    (517) 351-2200
    Request Owner's contact information
    313 S Capitol Ave Lansing, MI 48933
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    313 S Capitol Ave
    Lansing, MI 48933
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    313 S Capitol Ave Lansing, MI 48933
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.