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Turnkey Provisioning Center Flex Space
For Lease
$7,500/Mo

515 N Larch St, Lansing, MI 48912

Secure, gated parking and an open flex layout support a tenant’s provisioning or industrial/retail operations.

Space SizeContact for details
Days on Market211

Property Features for 515 N Larch St

General Information

Standard status Active
Total Parking Spaces 24
Zoning DT-2 Urban Flex
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #6502431997
Source: Exprealty
Added: Jan 23 Changed: Aug 20 Last Checked: Aug 22 at 12:17PM

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 C3 CRE, LLC

Investment Insights

Based on property information with market context.

The former operating, turnkey Provisioning Center is available for lease, with the real estate and license sold separately. The new operator will need to purchase and apply for their own license. The space features a clean construction package and an open concept floor plan designed to support flexible day-to-day operations.

The property is zoned DT-2 Urban Flex and can also work for traditional industrial or retail users. A secure, gated parking lot provides twenty-four (24) dedicated parking spaces. The site is located in a highly populated market with many national tenants operating in immediate proximity, and it is approximately one (1) mile from I-496 freeway.

For tenants seeking a ready-to-operate flex environment, this building offers a straightforward layout paired with controlled, dedicated parking. Its DT-2 Urban Flex zoning supports both industrial and retail compatibility, while the existing provisioning-center configuration may be particularly useful for operators who want to build from an established operational setup (subject to obtaining the applicable license).

Key Highlights

  • Former operating and turnkey Provisioning Center available for lease; real estate available with licensing not included
  • New operator must purchase and apply for their own provisioning license
  • Zoned DT‑2 Urban Flex and suitable for both traditional industrial/retail users

Property Analytics

Current Use

Pure Roots (Bike/Boat/Book/etc) Store

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,970
Businesses Nearby
Balanced
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

Lease Benchmarks for Lansing, MI

$18.21 /SF/Yr
Avg Asking Price
$1.72–$84 /SF/Yr
Price Range
9,235 SF
Avg Space Size

This space is priced 43% above the average of $18.21 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Firehouse Subs Downtown Lansing 200 S Washington Square, Lansing, MI 48933
  • MSG Enterprises 516 Lesher Pl, Lansing, MI 48912
  • Amy's Catering 600 W Saginaw St, Lansing, MI 48933

Frequently Asked Questions

What type of property is this?
Flex space - Secure, gated parking and an open flex layout support a tenant’s provisioning or industrial/retail operations.
Where is this flex space located?
The property is located at 515 N Larch St Lansing, MI.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: Former operating and turnkey Provisioning Center available for lease; real estate available with licensing not included; New operator must purchase and apply for their own provisioning license; Zoned DT‑2 Urban Flex and suitable for both traditional industrial/retail users
More about this property
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