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Office Building with Elevators
New
For Sale
$995,000

119 N Washington Square, Lansing, MI 48933

Downtown office property with flexible floor plates, barrier-free access, and DT-3 zoning.

Property Size42,161 SF
Price / SF$23.60
Days on Market4

Property Features for 119 N Washington Square

General Information

Standard status Active
Size 42,161 SF
Elevators Yes
Property subtype Office
Zoning DT-3

Building Details

Building Size 42,161 SF
Buildings 1
Listing Agency: Martin Commercial Properties
Listed By: Eric F. Rosekrans · License #6501153826
Source: Cpix.resimplifi
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 16 at 4:59AM

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 Martin Commercial Properties

Investment Insights

Based on property information with market context.

This substantial office property contains approximately 42,161 square feet within a downtown commercial building designed for continued office occupancy or adaptive reuse. Flexible floor plates, barrier-free access, and both passenger and freight elevators support a range of workplace and redevelopment configurations. The property is zoned DT-3 and offers a prominent presence at Washington Square.

Located in downtown Lansing, the building sits two blocks from the Michigan State Capitol and within walking distance of government offices, Lansing Community College, restaurants, entertainment venues, and major employers. Nearby public and private projects include a new city hall, the Capitol View tower, housing initiatives, and redevelopment at several downtown sites, adding activity to the surrounding district.

Key Highlights

  • Approximately 42,161‑square‑foot downtown office building
  • DT‑3 zoning supports the property’s established commercial setting
  • Flexible floor plates accommodate continued office use or adaptive reuse

Property Analytics

Current Use

Sahara Delight Restaurant Electrical Permits City Government Office Senior Technology Partners ... IT Consulting Firm

Suggested Use

Top Pick Computer & Electronic Repair Dental Office (Bike/Boat/Book/etc) Store Nail Salon Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,366
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office property with flexible floor plates, barrier-free access, and DT-3 zoning.
Where is this office building located?
The property is located at 119 N Washington Square Lansing, MI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approximately 42,161‑square‑foot downtown office building; DT‑3 zoning supports the property’s established commercial setting; Flexible floor plates accommodate continued office use or adaptive reuse
More about this property
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