Five-Story Full-Service
New
For Sale
$750,000
6820 S Cedar St, Lansing, MI 48911
Renovated lodging property with meeting facilities, an indoor pool, restaurant/bar, and business center.
Property Size206,807 SF
Lot Size11.52 Acres
Days on Market7
Property Features for 6820 S Cedar St
General Information
Standard status
Active
Size
206,807 SF
Lot size
11.52 Acres
Property subtype
Hotel-Motel
Zoning
S-C
Net Operating Income
$689,877
Site & Location
Traffic Count
46,458 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
indoor pool
restaurant/bar
business center
meeting facilities
STARTING BID $750,000 | Causeway Bay Hotel | 300 Rooms | Lansing MI | AUCTION OCTOBER 5-7
300-Room Hotel with Repositioning Upside: Five-story asset on ±11.52 acres has S-C zoning and multifamily/commercial conversion potential.
±26,000 SF Convention & Event Capacity: Meeting rooms, restaurant/bar, indoor pool, and business center create multiple revenue channels.
Direct I-96 Access in Michigan's Capital: Interstate positioning connects the asset efficiently to downtown and regional demand generators.
Significant RevPAR and Income Growth Upside: Year 1 pro forma projects $2.46M in room revenue and $689,877 NOI at just 30% occupancy.
Surrounded by Major Lansing Demand Drivers: MSU, GM, McLaren, Hope Sports Complex, and the regional airport are all within ±10 miles.
Building Details
Building Size
206,807 SF
Year Built
1985
Year Renovated
2012
Stories
5
Listed By:
Scott Havericak · License #License(s): FL: SL3281416
(954) 245-3527
Source:
Marcusmillichap
Added: Aug 28
Changed: Sep 1
Last Checked: Sep 2 at 1:41PM
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 Scott Havericak
Investment Insights
Based on property information with market context.
Causeway Bay Hotel & Convention Center is a five-story, 300-room full-service hotel on ±11.52 acres. Built in 1985 and renovated in 2012, the property includes approximately 26,000 SF of meeting space, an indoor pool, restaurant/bar, business center, and additional meeting facilities.
The hotel is located at 6820 S Cedar Street in Lansing, directly off I-96, where traffic counts are reported at 46,458 vehicles per day. Downtown Lansing, Michigan State University, GM Lansing Grand River Assembly, McLaren Greater Lansing Hospital, Hope Sports Complex, Capital Region International Airport, and Edgewood Town Center are each within approximately 6 miles. The property is zoned S-C, Suburban Commercial.
The hotel is located at 6820 S Cedar Street in Lansing, directly off I-96, where traffic counts are reported at 46,458 vehicles per day. Downtown Lansing, Michigan State University, GM Lansing Grand River Assembly, McLaren Greater Lansing Hospital, Hope Sports Complex, Capital Region International Airport, and Edgewood Town Center are each within approximately 6 miles. The property is zoned S-C, Suburban Commercial.
Key Highlights
- 300‑room hotel on ±11.52 acres
- ±26,000 SF of meeting space
- Built in 1985 and renovated in 2012
Property Analytics
Property Profile
Current Use
Lease Details
46,458 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 48911, MI
40,566
Population
18,069
Households
2.2
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
17.3 sq mi
ZIP Area
2,345
Density / Sq Mi
$54,882
Median Household Income
$36,245
Median Earnings
$933
Median Rent
$136,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Renovated lodging property with meeting facilities, an indoor pool, restaurant/bar, and business center.
Where is this hotel located?
The property is located at 6820 S Cedar St Lansing, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 300‑room hotel on ±11.52 acres; ±26,000 SF of meeting space; Built in 1985 and renovated in 2012
