Restaurant Space with Commercial
208 S Washington Square, Lansing, MI 48933
For Lease
New
$15 SF/Yr
Commercial Sale, Lansing, MI
Space SizeContact for details
Lot Size0.08 Acres
Days on Market2
Property Features for 208 S Washington Square
General Information
Property type
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Zoning description
Basement
Elementary school district
Middle school district
High school district
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Standard status
APN
Size
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Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
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Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Musselman Realty Company
(517) 332-3582
Listed By:
Shawn Elliott · License MI #6501450872
(517) 896-7058
Added: Nov 9
Last Checked: Nov 10 at 9:06AM
MLS# 300428
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,325-square-foot, ground-floor space occupies a brick building constructed in 1891. Its prior use was as a restaurant, and the premises include a commercial kitchen with fire suppression and a sprinkler system. Kitchen appliances are not included with the lease. The building has forced-air heating and central air conditioning, with public water and sewer service.
The property is at 208 S Washington Square in downtown Lansing, near the Capitol and within walking distance of the Capitol Complex. A high-rise development is underway across the street. Other uses may be considered.
The property is at 208 S Washington Square in downtown Lansing, near the Capitol and within walking distance of the Capitol Complex. A high-rise development is underway across the street. Other uses may be considered.
Key Highlights
- 8,325‑square‑foot ground‑floor restaurant space
- Commercial kitchen with fire suppression and sprinkler system
- Kitchen appliances are excluded from the lease
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Lansing, MI
$18.8 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
48,097 SF
Avg Space Size
This space is priced 20% below the average of $18.8 /SF/Yr.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The ground-floor suite includes built-in fire suppression and sprinkler protection.
Where is this conventional restaurant located?
The property is located at 208 S Washington Square Lansing, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 8,325‑square‑foot ground‑floor restaurant space; Commercial kitchen with fire suppression and sprinkler system; Kitchen appliances are excluded from the lease
