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Historic Seven-Story Office Building
For Sale
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217 S Capitol Ave, Lansing, MI 48933

Distinctive office property featuring preserved architectural elements, a lobby, and an auditorium in Lansing’s CBD.

Property SizeContact for details
Days on Market146

Property Features for 217 S Capitol Ave

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1924
Buildings 1
Stories 7
Listing Agency: Colliers - Grand Rapids, Michigan
Listed By: David Wiener · License #MI 6501306126
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 1:01AM

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 - Grand Rapids, Michigan

Investment Insights

Based on property information with market context.

Constructed in 1924, this office building occupies seven stories with a partially finished lower level. The property retains notable historic components, including its lobby and auditorium, creating a distinctive setting for office operations and professional use.

The building is located at 217 S Capitol Ave in Lansing’s CBD, one block from the State Capitol. Its central setting places the property within the city’s established civic and business district.

Key Highlights

  • 1924 construction date
  • Seven‑story office building with a partially finished lower level
  • Retained historic lobby and auditorium

Property Analytics

Current Use

Dion Car battery ... Auto Parts Store Lansing Teen Court Child Welfare Organization

Suggested Use

Top Pick Nail Salon Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Kitchen & Bath Showroom

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

2,340
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 - Distinctive office property featuring preserved architectural elements, a lobby, and an auditorium in Lansing’s CBD.
Where is this office building located?
The property is located at 217 S Capitol Ave Lansing, MI.
What are key features of this property?
This property features: 1924 construction date; Seven‑story office building with a partially finished lower level; Retained historic lobby and auditorium
More about this property
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