228 Washington Sq 27, Lansing, MI 48933-1808
This exceptional retail opportunity presents a two-story brick building totaling 9,677 square feet, situated at the highly visible corner of South Washington Square and Washtenaw Street in vibrant downtown Lansing, Michigan. Built in 1925, the property offers a unique blend of historical charm and modern commercial potential. The entire 9,677 square feet is currently vacant, providing a blank canvas for a single large tenant or the possibility of dividing the space. Flexible lease terms are available to accommodate various business needs. Minimum divisible space starts at 3,083 square feet, with a maximum contiguous space of 6,594 square feet. This prime location boasts exceptional foot traffic and visibility, benefiting from its proximity to key Lansing landmarks. Within easy walking distance are the State Capitol building, Lansing Community College, Davenport University, Cooley Law School, and Jackson Field, ensuring a consistent flow of potential customers. The property's Ingham County location offers convenient access to major transportation routes and a thriving urban environment. This is an unparalleled chance to establish a presence in a bustling downtown area with a rich history and bright future. Contact us today to learn more about this remarkable retail space.
-
SR Drivers Insurance of Lansing Marketing & Advertising
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
G-1 BUS · Lansing, MILansing. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.