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    FOR LEASE
    Office buildings

    801 S Waverly Rd, Lansing, MI 48917

    36,429 SF 1.92 ac lot Built 1986
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-1245832
    Property summary
    AI-generated overview

    This exceptional three-story Class B office building, located at 801 S. Waverly Rd in Lansing, Michigan, offers a diverse range of executive office suites for lease. Built in 1986, the property boasts a total of 32,648 square feet, encompassing ten individual suites. The building is ideally situated for businesses seeking convenient access to downtown Lansing and major retail centers. Space options are flexible, ranging from a minimum of 307 square feet to a maximum contiguous space of 10,963 square feet, catering to various business needs and sizes. Multiple tenancy options are available to accommodate diverse occupancy requirements. The building provides ample parking with 300 spaces for tenants and visitors. The property is located in Ingham County, Michigan, with a zip code of 48917. Currently, there is 91,231 square feet of vacant space available for lease. This presents a unique opportunity for businesses to establish a presence in a well-maintained and strategically located office building within a thriving Lansing commercial district. The building's design and amenities make it an attractive option for businesses seeking a professional and efficient workspace. Contact us today to explore leasing opportunities and secure your ideal office space in this prime Lansing location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 36,429 SF
    Lot 1.92 ac (83,548 SF)
    Zoning code G GENER
    APN 33-21-01-19-101-015
    UPID US43-1245832
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Compassus Nursing Home
    • Nationwide Collection Agencies Insurance Agency
    • Evangelical Lutheran Church-Amer Church
    • Mark W Teachout Ciccfp & Associates Financial Advisor
    • Sunset Detox Crisis Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.14M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $910k
    Owner & transaction history
    801 S Waverly · 2 yrs held
    801 S Waverly
    since 2023
    Last sale
    $850,000
    4 recorded transactions
    2023
    $850,000
    2018
    1969
    1969
    Zoning & alternative use
    G GENER · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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