Prime Corner Development
302 S Waverly Rd, Lansing, MI 48917
Call to check price and availability
1.34-acre corner parcel in Lansing, MI ready for redevelopment.
Type:Land
Lot size:
1.34 Acres- Added:
- Feb 24, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 302 S Waverly Rd
General Information
- Standard status
- Active
- Lot size
- 1.34 Acres
- Property subtype
- Land
Listing agent Matthew Wisniewski License #MI 6501360426
Listing office RE/MAX Commercial Group (517) 321-2800
Listing date Feb 24, 2026
Source Crexi
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 RE/MAX Commercial Group
HighLights
- 1.34‑acre corner parcel at a high‑visibility intersection (S Waverly Rd and Otis Street) offering excellent exposure.
- Zoning flexibility with special use permit allowing for various high‑demand commercial ventures (banks, restaurants, pharmacies, etc.).
- Prime developable land ready for new construction or redevelopment; existing structure is considered a tear‑down.
- Located in a high‑traffic area near residential neighborhoods, businesses, and major roadways.
- Utilities available at the site.
- Minutes from Lansing metro amenities, shopping, and employment centers with easy access to I‑496.
Overview
This 1.34-acre corner parcel is located at the intersection of S Waverly Road and Otis Street in Delta Charter Township, Lansing, MI. The site offers high visibility and easy access to I-496, as well as proximity to Lansing's commercial corridors. An existing two-story office building of approximately 7,000+ sq ft, built in 1965 and renovated in 2005, is present on the property but is considered a tear-down with no functional value. The site is cleared and ready for new construction or redevelopment. Zoned Office (O), the property benefits from Delta Charter Township's flexible approach to land use. A special use permit can allow for a variety of commercial ventures, including banks with drive-through facilities, restaurants (sit-down/dine-in, no drive-through), pharmacies, and personal services (salons, spas, dry cleaners, etc.). This makes the parcel ideal for retail, financial services, healthcare-related uses, or professional/personal service businesses seeking prominent corner exposure in a high-traffic area. The property has dual frontage for maximum visibility and signage potential. Utilities are available at the site. The location is near residential neighborhoods, businesses, and major roadways, and is also minutes from Lansing metro amenities, shopping, and employment centers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Doris Wilkins, MA
Physician
Carl Herring, PsyD
Physician
Jeannine M. Taylor, ...
Physician
Professional Psychological Services: ...
Physician
Professional Psychological Services: ...
Physician
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.6037212
- Latitude
- 42.7308884
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FAQs
What type of property is this?
Commercial land - 1.34-acre corner parcel in Lansing, MI ready for redevelopment.
Where is this commercial land located?
The property is located at 302 S Waverly Rd Lansing, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1.34‑acre corner parcel at a high‑visibility intersection (S Waverly Rd and Otis Street) offering excellent exposure.; Zoning flexibility with special use permit allowing for various high‑demand commercial ventures (banks, restaurants, pharmacies, etc.).; Prime developable land ready for new construction or redevelopment; existing structure is considered a tear‑down.
