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Two-Story Office Building
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741 N Cedar St, Lansing, MI 48906

Modern two-story office building with a fully leased first floor and a second-floor suite available for occupancy.

Property Size16,608 SF
Price / SF$0.00
Days on Market501

Property Features for 741 N Cedar St

General Information

Standard status Active
Size 16,608 SF
Class B
Total Parking Spaces 70
Property subtype Office
Zoning DT-2

Building Details

Building Size 16,608 SF
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Martin Commercial Properties
Listed By: Eric F. Rosekrans · License #6501153826
Source: Cpix.resimplifi
Added: May 1, 2025 Changed: Aug 7 Last Checked: Sep 13 at 3:55AM

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 Martin Commercial Properties

Investment Insights

Based on property information with market context.

This modern two-story office building offers a strong owner-user setup with built-in rental income. The first floor is fully leased and occupied by four tenants, while a 7,565 SF second-floor suite is available for occupancy. The available suite features a predominantly open layout designed for flexibility, with expansive windows that bring in natural light.

The property is located near the intersection of Saginaw and Cedar Streets in Lansing, with convenient access to the area’s primary business corridors, including Downtown and the Capitol area. The site includes up to 70 parking spaces, and the building offers signage opportunities including building and monument signage.

A second-floor tenant suite is available for lease as well, and a rent roll is available upon request.

Key Highlights

  • Modern two‑story office building totaling 16,000 SF near Saginaw & Cedar Streets in Lansing
  • First floor is fully leased with four tenants
  • Second‑floor suite available for occupancy: 7,565 SF with predominantly open layout and expansive windows

Property Analytics

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Current Use

Mark S. Farrell, ... Law Firm Attorney Donald Waldron ... Law Firm National Association-Social Workers Charitable Organization Rapaport, Pollok, Farrell, ... Law Firm Manpower Employment Agency

Suggested Use

Top Pick Nail Salon Dental Office HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,489
Businesses Nearby

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - Modern two-story office building with a fully leased first floor and a second-floor suite available for occupancy.
Where is this office building located?
The property is located at 741 N Cedar St Lansing, MI.
What are key features of this property?
This property features: Modern two‑story office building totaling 16,000 SF near Saginaw & Cedar Streets in Lansing; First floor is fully leased with four tenants; Second‑floor suite available for occupancy: 7,565 SF with predominantly open layout and expansive windows
More about this property
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