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Mixed-Use Property with Apartments
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603 E Michigan Ave, Lansing, MI 48912

The offering combines commercial space, apartments, offices, and shared kitchen and dining areas.

Property Size20,444 SF
Days on Market143

Property Features for 603 E Michigan Ave

General Information

Standard status Active
Size 20,444 SF
Property subtype Office

Property Condition

Severity Repairs Needed
Evidence minimal deferred maintenance

Building Details

Buildings 3
Listing Agency: Martin Commercial Properties
Listed By: Eric Rosekrans · License #MI 6501153826
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:22PM

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 mixed-use offering spans three parcels at 603–613 E. Michigan Avenue and totals 20,444 SF across multiple buildings. The improvements include four studio apartments, overnight accommodation areas, administrative offices, a kitchen, dining space, and a chapel. The property has been updated over time and is described as having minimal deferred maintenance. The 603 and 605 E. Michigan buildings are currently used primarily for storage, while the apartments are not actively marketed.

The site is positioned within one to four blocks of Jackson Field, the Lansing Convention Center, the Stadium District office, retail, and housing complex, Meijer Capital City Market, the Marriott Courtyard, and restaurants and bars. The offering presents an existing combination of commercial and residential components with potential for redevelopment or continued use in its current configuration.

Key Highlights

  • 20,444 SF across multiple buildings and 3 parcels
  • 603 Michigan: 3,432 SF; 605 Michigan: 3,564 SF; 607 Michigan: 13,448 SF
  • Four studio apartments plus overnight accommodation areas

Property Analytics

Current Use

Speedy “G Bail ... Law Firm Wize Tax Services Tax Preparation

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Daycare Center Veterinary Clinic

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

2,935
Businesses Nearby

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
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?
Mixed-use property - The offering combines commercial space, apartments, offices, and shared kitchen and dining areas.
Where is this mixed-use property located?
The property is located at 603 E Michigan Ave Lansing, MI.
What are key features of this property?
This property features: 20,444 SF across multiple buildings and 3 parcels; 603 Michigan: 3,432 SF; 605 Michigan: 3,564 SF; 607 Michigan: 13,448 SF; Four studio apartments plus overnight accommodation areas
(517) 351-2200 Call to check price and availability
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