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Neighborhood Retail Center Lease-Up Opportunity
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1601-1715 W Mount Hope Ave, Lansing, MI 48910

Shopping center with approximately 37,000 SF available across former grocery, drugstore, bank, and medical suites.

Property Size37,000 SF
Days on Market328

Property Features for 1601-1715 W Mount Hope Ave

General Information

Standard status Active
Size 37,000 SF
Property subtype Retail
Zoning MX-1

Building Details

Building Size 37,000 SF
Listing Agency: Colliers
Listed By: Jack Melton
Source: Cpix.resimplifi
Added: Oct 14, 2025 Changed: Aug 22 Last Checked: Sep 5 at 3:40AM

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

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Building Supply

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

108
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48910, MI

33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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
More about this property
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