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    620 Capitol Ave Lansing, MI 48933

    Sponsored
    For Lease
    $22 SF/Yr

    Class A Office Space, Immediate Occupancy

    Lot size:
    32,416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional sublease opportunity presents 1,450 square feet of Class A office space in a prestigious downtown Lansing location at 620 S. Capitol, near St. Joseph. Situated within a larger building totaling 32,416 square feet, this space is ideal for businesses seeking immediate occupancy. The building itself boasts a single, three-story structure constructed in 1993 and extensively renovated in 2021, ensuring modern amenities and a high-quality work environment. The property sits on 1.325 acres of land and is zoned D-1 PRO, offering flexibility for various business uses. Convenient on-site parking is available for tenants. The building features elevators for easy access to all three floors. This sublease offers a turnkey solution for businesses needing high-quality, readily available office space in a vibrant downtown setting. The multiple tenancy structure ensures a diverse and active building community. This is a rare opportunity to secure prime office space in a well-maintained, modern building with excellent accessibility and ample parking. Don't miss this chance to establish your business in a thriving downtown location. Contact us today to schedule a viewing and learn more about this exceptional sublease opportunity.

    Property Features for 620 Capitol Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,416 SF
    Class
    A
    Total Rate
    59429.33

    Building Details

    Year Built/Renovated
    1993/2021
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 325
    Size
    1,450 SF
    Rate per SF
    $22

    HighLights

    • Class A sublease office space available, up to 1,450 square feet.
    • Multiple tenancy in a 32,416 square foot building.
    • Located downtown with on‑site parking.
    • Building is Class A, one building, three stories, built in 1993, renovated in 2021.
    • Situated on 1.325 acres, with elevators and D‑1 PRO zoning in Ingham County.
    • Cross street is St. Joseph.
    Property Profile Location Intelligence

    Current Use by Public Records

    Compass Insurance Agency Auto Insurance Agency Michigan Manufacturers Association Non-Profit Organization MMA Service Corporation Insurance Company Michigan Federation-Children Non-Profit Organization Michigan Sheriffs' Association Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.554864241263
    Latitude
    42.727059338257

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, Immediate Occupancy
    Where is this office property / space located?
    The property is located at 620 Capitol Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A sublease office space available, up to 1,450 square feet.; Multiple tenancy in a 32,416 square foot building.; Located downtown with on-site parking.
    Request Owner's contact information
    620 Capitol Ave Lansing, MI 48933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 Capitol Ave Lansing, MI 48933
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