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    518 N Seymour Ave Lansing, MI 48933

    For Sale
    $495,000

    Well-appointed, free-standing office building with private parking in downtown Lansing.

    Lot size:
    0.72 Acres

    Property Features for 518 N Seymour Ave

    General Information

    Lot size
    0.72 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

    Downtown Lansing Office Building For Sale

    This two-story brick building with a fully finished lower level is located just west of Lansing Community College and an 8-minute walk to the State Capitol. The building is serviced by an elevator and includes a private on-site parking lot with 42 spaces. The first floor features a welcoming reception area, conference room, multiple private offices, a kitchenette, and direct access to a private patio. The second floor offers additional private offices and another conference room. The lower level includes two offices and two large workrooms, suitable for storage, meetings, or expanded team workspace. The property includes a security system and building signage opportunities. This well-maintained property combines functionality, visibility, and walkable access to downtown amenities, making it suitable for businesses seeking a strong central Lansing presence. It is ideal for professional services or administrative use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    -84.555004
    Latitude
    42.738918

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    FAQs

    What type of property is this?
    Office building - Well-appointed, free-standing office building with private parking in downtown Lansing.
    Where is this office building located?
    The property is located at 518 N Seymour Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Private on-site parking lot with 42 spaces - a rare downtown amenity.; - Prime downtown Lansing location, an 8-minute walk to the State Capitol and near Lansing Community College.; - Free-standing, well-appointed two-story brick office building with a fully finished lower level.
    (517) 290-7606
    Request Owner's contact information
    518 N Seymour Ave Lansing, MI 48933
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    Lansing, MI 48933
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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
    518 N Seymour Ave Lansing, MI 48933
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