3139-3145 Pennsylvania Ave, Lansing, MI 48910
This exceptional investment opportunity presents three available executive office suites in a prime South Lansing location. Situated at 3139-3145 S. Pennsylvania Ave, this 7,222 square foot Class C office building offers a flexible layout with suites ranging from 1,000 to 2,500 square feet. Currently, 5,750 square feet are vacant, providing significant potential for immediate occupancy. The building, constructed in 1964, sits on a 0.23-acre lot and boasts ample parking with 24 spaces conveniently located in front of the suites. The property's strategic location offers excellent visibility and accessibility, with high traffic volume exceeding 12,000 vehicles per day on S. Pennsylvania Avenue. It's also less than two miles south of the I-496 intersection, ensuring easy access to major transportation routes. The suites can be combined to accommodate larger tenants, offering versatility for various business needs. This is an ideal opportunity for businesses seeking a well-located, adaptable office space in a thriving area of Ingham County. The property is zoned for office use and features multiple tenancies.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.