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Restaurant Property on Cedar Street

6724 S Cedar Street, Lansing, MI

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For Sale

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Prime restaurant property with high visibility and accessibility.

Type:RETAIL

Property size:

3,474 SF

Lot size:

0.57 Acres

Price / SF:

$142/SF

HighLights

High‑visibility location on S Cedar St with 25,100 average daily traffic count.
Located in a thriving retail hub near Meijer, Aldi, Menards, and Target.
3,474 sq ft building on a 0.571‑acre lot suitable for a restaurant.
Easy access via S Cedar St and Long Blvd, including a signalized entrance.
Proximity to I‑96 provides quick regional connectivity.
Surrounded by popular dining options like Panera Bread and Starbucks.

We can help!

Contact an agent

Matthew Wisniewski, CCIM

For Sale

Contact for pricing

Prime restaurant property with high visibility and accessibility.

Type:RETAIL

Property size:

3,474 SF

Lot size:

0.57 Acres

Price / SF:

$142/SF

Added:: Nov 12, 2025
Days on Market:: 227
Last Refresh:: Apr 5 at 10:58 pm

Property Features for 6724 S Cedar Street

General Information

Standard status: Active
Size: 3,474 SF
Lot size: 0.57 Acres
Property subtype: RETAIL

We can help!

Contact an agent

Matthew Wisniewski, CCIM

Listing office RE/MAX COMMERCIAL GROUP

Listing date Nov 12, 2025

Source Moodyscre

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

High‑visibility location on S Cedar St with 25,100 average daily traffic count.
Located in a thriving retail hub near Meijer, Aldi, Menards, and Target.
3,474 sq ft building on a 0.571‑acre lot suitable for a restaurant.
Easy access via S Cedar St and Long Blvd, including a signalized entrance.
Proximity to I‑96 provides quick regional connectivity.
Surrounded by popular dining options like Panera Bread and Starbucks.

Overview

Located at 6724 S Cedar St, Lansing, MI 48911, this commercial property is suitable for restaurant or retail use. The 3,474 sq ft building sits on a 0.571-acre lot, offering high visibility and accessibility along the I-96 corridor. The location benefits from an average daily traffic count of approximately 25,100 vehicles on S Cedar St. The property is situated adjacent to a Speedway and directly across from a Starbucks and Lowe’s, within a retail hub featuring Meijer, Aldi, Menards, and Target. Nearby dining options include Panera Bread, Applebee’s, 7 Brew, Biggby Coffee, and Culver’s. Access is available via S Cedar St and Long Blvd, with a signalized entrance at Cedar. The property is located minutes from I-96 and near residential neighborhoods. This site is suitable for a restaurant venture in a commercial corridor.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.3k	$16.20
− Vacancy	−$6.8k	−$1.94
EGI	$49.5k	$14.26
− OpEx	−$12.4k	−$3.56
NOI	$37.1k	$10.69

3,474 SF · lease $16.20/SF/yr · vacancy 12.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$530.6K

$464.3K – $619.1K (±1% cap)

NOI $37,144 @ 7.0% cap · market cap 7.50%

Second Best

Retail

$449.2K

$393.0K – $524.1K (±1% cap)

NOI $31,443 @ 7.0% cap · market cap 6.35%

Theoretical Best

Office A

$715.1K

$625.7K – $834.3K (±1% cap)

NOI $50,057 @ 7.0% cap · market cap 10.11%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Aldaco's Taco Bar Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Lansing
County: Eaton
State: Michigan
Longitude: -84.5376
Latitude: 42.6599

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For sale
Restaurants
MI
Lansing
6724 S Cedar Street

What type of property is this?

Restaurant - Prime restaurant property with high visibility and accessibility.

Where is this restaurant located?

The property is located at 6724 S Cedar Street Lansing, MI.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: High‑visibility location on S Cedar St with **25,100 average daily traffic count**.; Located in a thriving retail hub near Meijer, Aldi, Menards, and Target.; **3,474 sq ft building on a 0.571‑acre lot suitable for a restaurant.**

6724 S Cedar Street, Lansing, MI

Prime restaurant property with high visibility and accessibility.

Property Features for 6724 S Cedar Street

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Retail Building with Drive-Thru

Freestanding Bank Building with Drive-Thru

Versatile Retail and Office Building

Mixed-Use Office Building with Separate Entrances

Turnkey Industrial Facility

Professional Office Building with Parking

Downtown Lansing Commercial Building

Church Facility with Classroom Spaces

Two-Unit Retail Income Property

Corporate Headquarters Near Airport

Creative Industrial Headquarters in REO Town

Freestanding Retail Building with Drive-Thru

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