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Turnkey Industrial Facility
For Sale
$399,000

921 Terminal Road, Lansing, MI 48906

COMMERCIAL - Lansing, MI

Property Size5,000 SF
Lot Size0.43 Acres
Price / SF$79.80
Days on Market51

Property Features for 921 Terminal Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Parking features Parking Lot
Subdivision T4N R2W
Directions Dewitt Rd To Terminal Rd
Standard status Active
APN 33-01-01-05-276-211
Size 5,000 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description E 97 FT LOT 23 & W 3 FT LOT 22 CAPITAL CITY WAREHOUSING SUB
Legal Description E 97 FT LOT 23 & W 3 FT LOT 22 CAPITAL CITY WAREHOUSING SUB

Utilities

Sewer type Septic Tank, Public Sewer

Building Details

Building materials Brick, Block
Listing Agency: Real Estate One of Gaylord
Listed By: Melisa Bertram
Added: Jun 10 Changed: Jun 12 Last Checked: Jul 30 at 4:06PM
MLS# 201840764

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey industrial facility totals 5,000 square feet and is offered fully equipped with existing equipment included in the sale. The property is currently configured as a cultivation facility, and the existing industrial zoning supports a variety of potential industrial uses beyond cannabis operations. Major improvements completed in 2020 include a new roof, updated electrical systems, and updated plumbing, helping support long-term operational readiness.

The property is located at 921 Terminal Road in Lansing, Michigan, within Ingham County. The site sits on approximately 0.43 acres, providing room for industrial activities associated with a functional warehouse or manufacturing workflow.

With a practical, move-in-ready setup and substantial infrastructure already in place, the building may appeal to owner-users, manufacturers, warehouse operators, and other industrial entrepreneurs looking for an operationally capable facility. The combination of an efficient existing layout and recent capital improvements is designed to reduce early-turnover work and support straightforward occupancy after closing, subject to buyer verification of fit and use.

Key Highlights

  • 5,000 SF industrial facility configured as a cultivation facility, with existing equipment included in the sale
  • Industrial zoning allows for potential uses beyond cannabis operations
  • Major improvements completed in 2020: new roof, updated electrical systems, and plumbing

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Pharmacy

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

191
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Move-in ready industrial building with updated roof, electrical, and plumbing for immediate operations.
Where is this cannabis property located?
The property is located at 921 Terminal Road Lansing, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 5,000 SF industrial facility configured as a cultivation facility, with existing equipment included in the sale; Industrial zoning allows for potential uses beyond cannabis operations; Major improvements completed in 2020: new roof, updated electrical systems, and plumbing
More about this property
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