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Vacant Mixed-Use Property
For Sale
Contact for pricing
Pending

927 S Washington Ave, Lansing, MI 48910

Historic building combines residential units with ground-floor retail space.

Property SizeContact for details
Days on Market144

Property Features for 927 S Washington Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 68

Building Details

Year Built 1929
Buildings 1
Tenancy Multi
Listing Agency: TrueRate
Listed By: Samuel Finkler · License #New York
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 1:54AM

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 TrueRate

Investment Insights

Based on property information with market context.

Located at 927 S Washington Ave in Lansing, Michigan, this mixed-use building was constructed in 1929 and contains 68 residential units. The property is currently vacant, allowing the next owner to evaluate redevelopment plans for the existing improvements.

Three retail spaces occupy the ground floor, creating a combined residential and commercial configuration within one building. The asset offers a substantial residential component alongside dedicated storefront space in Michigan’s capital city.

Key Highlights

  • 68 residential units
  • Three retail spaces on the ground floor
  • Constructed in 1929

Property Analytics

Current Use

Washington Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Skin Care Clinic Garden Center Electrical Service Florist

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

68
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 48910, MI

33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic building combines residential units with ground-floor retail space.
Where is this mixed-use property located?
The property is located at 927 S Washington Ave Lansing, MI.
What are key features of this property?
This property features: 68 residential units; Three retail spaces on the ground floor; Constructed in 1929
More about this property
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