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Downtown Lansing Mixed-Use Asset
For Sale
$1,800,000

329-337 S Washington Sq 329-337, Lansing, MI 48933

Mixed-use property with residential and commercial units in downtown Lansing.

Property Size2,800 SF
Price / SF$642.86
Days on Market98

Property Features for 329-337 S Washington Sq 329-337

General Information

Standard status Active
Size 2,800 SF
Property subtype Commercial

Building Details

Year Built 1887
Listing Agency:
Listed By: Cameron Hansson
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 25 at 9:56AM

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 Cameron Hansson

Investment Insights

Based on property information with market context.

This mixed-use property is located in downtown Lansing, offering a hard corner visibility on S. Washington Square. The property features nine residential apartment units and two commercial tenant spaces. Additional features include updated HVAC and roof coating. The property also includes 2,800 square feet of unrented basement storage space. The location has a bike score of 59, indicating it is bikeable, a walk score of 73, indicating it is very walkable, and a transit score of 34, indicating some transit options are available. The property is positioned as a prime downtown Lansing asset with a long-term lease anchor tenant.

Key Highlights

  • Prime downtown Lansing mixed‑use asset.
  • Long‑term lease anchor tenant.
  • Hard corner visibility on S. Washington Square.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Skin Care Clinic Nail Salon (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center

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

2,235
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

Properties on Market for Mixed-use properties in Lansing

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial units in downtown Lansing.
Where is this mixed-use property located?
The property is located at 329-337 S Washington Sq 329-337 Lansing, MI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime downtown Lansing mixed‑use asset.; Long‑term lease anchor tenant.; Hard corner visibility on S. Washington Square.
More about this property
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