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Three-Unit Mixed-Use Building
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521 N Seymour Avenue, Lansing, MI 48933

Commercial zoning, rear parking, and upper-level residential units support a flexible income-producing configuration.

Property SizeContact for details
Days on Market131

Property Features for 521 N Seymour Avenue

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: Coldwell Banker Professionals
Listed By: Jessica Hillyer · License #MI 6506047675
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 1:30PM

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 Coldwell Banker Professionals

Investment Insights

Based on property information with market context.

This three-unit mixed-use property combines a substantial main-level office suite with two residential units above. The office layout includes a reception lobby with fireplace, conference room, kitchenette-equipped break area, five private offices, built-in woodwork, and two half bathrooms. The conference and break areas may also function as offices, while existing furniture is negotiable.

One upper unit spans portions of the second and third floors and includes two bedrooms, two bathrooms, a kitchen, den or office area, stackable laundry, and attic storage. The other unit offers two rooms, a full bathroom with a stand-up shower, and a kitchen, though it does not have an official bedroom. Rear parking accommodates 10 vehicles, with metered street parking along the front. The property is near MSU, Lansing Community College, Cooley Law School, Sparrow Hospital, the Capitol, and Frandor. It is zoned commercial; the upper-unit rental licenses have expired, and an open permit remains.

Key Highlights

  • Three‑unit layout with main‑level office space and two upper‑level residential units
  • Main office includes five private offices, lobby fireplace, conference room, kitchenette, and two half bathrooms
  • Rear parking accommodates 10 vehicles, with metered street parking in front

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Kitchen & Bath Showroom HVAC Service Nail Salon

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

2,285
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning, rear parking, and upper-level residential units support a flexible income-producing configuration.
Where is this mixed-use property located?
The property is located at 521 N Seymour Avenue Lansing, MI.
What are key features of this property?
This property features: Three‑unit layout with main‑level office space and two upper‑level residential units; Main office includes five private offices, lobby fireplace, conference room, kitchenette, and two half bathrooms; Rear parking accommodates 10 vehicles, with metered street parking in front
(517) 420-8227 Call to check price and availability
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