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    3140 E Michigan Ave Lansing, MI 48912

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    For Lease
    $20 SF/Yr ($4,203 /Mo)

    New retail/service space ready for occupancy in vibrant area.

    Property size:
    2,522 SF
    Lot size:
    2.36 Acres

    Property Features for 3140 E Michigan Ave

    General Information

    Size
    2,522 SF
    Lot size
    2.36 Acres

    Source: Martin Commercial Properties Agent Carson Patten

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

    Overview

    New Retail Space Available

    New retail and service space is available for rent and ready for occupancy. The property offers a tenant improvement allowance. The location is part of the Red Cedar development, which includes two nationally-branded hotels, over 800 beds of fully leased student housing, 181 market-rate apartments, and a senior living facility. The area also features an amphitheater, parks with ponds, and trail connections to the campus. Other tenants include Tropical Smoothie, Feng Cha Tea, Hooked Books, Lansing Duck Pin, and Orthopedic Rehab. The property has a size of 2522 square feet and is located on E Michigan Ave in Lansing, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gateway Lofts Lansing Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.59212
    Latitude
    42.734188

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    FAQs

    What type of property is this?
    Retail space - New retail/service space ready for occupancy in vibrant area.
    Where is this retail space located?
    The property is located at 3140 E Michigan Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Aggressive tenant improvement allowance available to customize your space.; - Ready for occupancy, allowing for a quick and easy move-in.; - Located within Red Cedar Development, surrounded by over 800 beds of fully leased student housing.
    (720) 987-4988
    Request Owner's contact information
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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
    3140 E Michigan Ave Lansing, MI 48912
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