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Class A Downtown Office Building
For Sale
$6,500,000
Pending

120 North Washington Sq, Lansing, MI 48933

Ten-story office property with a multi-tenant configuration in Lansing’s central business district.

Property Size154,000 SF
Days on Market1272

Property Features for 120 North Washington Sq

General Information

Standard status Pending
Size 154,000 SF
Class Class A
Property subtype Office
Zoning DT-3

Amenities

Water
Sewer

Building Details

Buildings 1
Stories 10
Building Size 154,000 SF
Tenancy Multi
Listing Agency: Northshore CRE
Listed By: Erin Peterson · License #6506047999
Source: Carwm.resimplifi
Added: Mar 8, 2023 Changed: Aug 29 Last Checked: Aug 31 at 12:47PM

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 Northshore CRE

Investment Insights

Based on property information with market context.

One Michigan Avenue is a ten-story Class A office building containing approximately 154,000 square feet. The multi-tenant property occupies a prominent downtown location at the corner of N Washington Square and Michigan Avenue, with a professional tenant roster and a documented history of occupancy.

The building is situated in Lansing’s central business district, within walking distance of downtown amenities. DT-3 zoning supports the property’s established office use and its position within the downtown commercial environment.

Key Highlights

  • Approximately 154,000 square feet of Class A office space
  • Ten‑story multi‑tenant office building
  • Located at 120 North Washington Sq, Lansing, MI 48933

Property Analytics

Current Use

Soul Media Film Production Michigan Distributors & Vndrs Charitable Organization Absolute Waterproofing Solutions ... Hardware & Home Improvement DevCare Solutions (Bike/Boat/Book/etc) Store Kheder Davis & Associates ... Consultant

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,341
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 - Ten-story office property with a multi-tenant configuration in Lansing’s central business district.
Where is this office building located?
The property is located at 120 North Washington Sq Lansing, MI.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Approximately 154,000 square feet of Class A office space; Ten‑story multi‑tenant office building; Located at 120 North Washington Sq, Lansing, MI 48933
More about this property
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