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Neighborhood Retail Center Lease-Up Opportunity

1601-1715 W Mount Hope Ave Lansing, MI 48910

1601-1715 W Mount Hope Ave, Lansing, MI, 48910
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For Sale
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Shopping center with approximately 37,000 SF available across former grocery, drugstore, bank, and medical suites.

Property Size37,000 SF
Days on Market282

Property Features for 1601-1715 W Mount Hope Ave

General Information

Standard status
Active
Size
37,000 SF
Property subtype
Retail
Listing agency Colliers
Listed by Jack Melton
Source Cpix.resimplifi
Added: Oct 14, 2025 Updated: Jul 21 at 4:41PM Checked: Jul 21 at 4:41PM

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 Colliers


Investment Insights

Based on property information with market context.

This shopping center at 1601–1715 W Mount Hope Ave includes approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites. The property offers a value-add lease-up opportunity with operating costs stated at $95,340 annually, or about $1.94/SF.

The center is located on W Mount Hope Avenue in Lansing, MI. Historical occupancy includes brands such as Family Dollar, Rite Aid, PNC Bank, and Spartan Nash, supporting the site’s established retail and service tenant fit within the neighborhood.

With substantial space available across multiple suite types, the property is positioned for backfilling both larger anchor-style areas and smaller shop spaces to support occupancy stabilization.

Key Highlights

  • Shopping center with approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites
  • Operating expenses are $95,340 annually (about $1.94/SF)
  • Located on W Mount Hope Avenue in Lansing’s dense residential corridor

Property Analytics

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Building Supply Auto Repair Shop Pharmacy Auto Parts Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Shopping center - Shopping center with approximately 37,000 SF available across former grocery, drugstore, bank, and medical suites.
Where is this shopping center located?
The property is located at 1601-1715 W Mount Hope Ave Lansing, MI.
What are key features of this property?
This property features: Shopping center with approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites; Operating expenses are $95,340 annually (about $1.94/SF); Located on W Mount Hope Avenue in Lansing’s dense residential corridor
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