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Small Storefront Building
For Sale
$199,900

500 Erie Street, Lansing, MI 48912

COMMERCIAL - Lansing, MI

Property Size2,070 SF
Lot Size0.13 Acres
Price / SF$96.57
Days on Market142

Property Features for 500 Erie Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Zoning
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 6
Basement Full
Lot features City Lot
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
Directions Saginaw to Cedar
Standard status Active
APN 33-01-01-16-228-001
Size 2,070 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 25
Tax Description LOT 10 EXC N 30.5 FT OF E 14.5 FT & S 19.5 FT OF E 37 FT; SCOFIELDS SUB REC L 1 P 34
Tax Annual Amount 3191
Legal Description LOT 10 EXC N 30.5 FT OF E 14.5 FT & S 19.5 FT OF E 37 FT; SCOFIELDS SUB REC L 1 P 34

Utilities

Sewer type Public Sewer
Heating system Central, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 1
Number of units 1
Building materials Vinyl Siding, Block
Roof type Shingle
Listing Agency: Coldwell Banker Professionals -Okemos · Coldwell Banker Real Estate
Listed By: Lynne VanDeventer · License #6501128440
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 12 at 9:06AM
MLS# 294623

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.

Investment Insights

Based on property information with market context.

This small storefront building offers a flexible interior layout suited to a range of business uses. The property is currently occupied by an electrical repair company and is described as being kept in solid condition. Construction includes vinyl siding and block, with a shingle roof. Heating is central forced air and cooling is provided by central air.

The building sits on a 0.13-acre lot at 500 Erie Street in Lansing (Ingham County). Services include public water and public sewer, with central utilities supporting day-to-day operations.

Built in 1989, the property totals 2,070 square feet. If you’re looking for a compact commercial space that can support small retail, professional office, or medical use, this storefront building is positioned to fit a range of tenant requirements.

Key Highlights

  • 2,070 SF small storefront building
  • 0.13‑acre lot at 500 Erie Street, Lansing, MI 48912
  • Built in 1989 with vinyl siding and block construction

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Florist Electrical Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,970
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Small storefront building in Downtown Lansing with central heat and central air on public water and sewer.
Where is this storefront property located?
The property is located at 500 Erie Street Lansing, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2,070 SF small storefront building; 0.13‑acre lot at 500 Erie Street, Lansing, MI 48912; Built in 1989 with vinyl siding and block construction
More about this property
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