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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

502 César E Chávez Ave Lansing, MI 48906

28,380 SF
Property ID
Property summary
AI-generated overview

This exceptional 909-square-foot commercial space is situated within the beautifully restored Temple Lofts building in Lansing's vibrant Old Town district. Originally constructed in 1917 and meticulously refurbished in 2022, this five-story mixed-use building offers a unique blend of modern amenities and historic charm. The ground floor commercial space is ideal for a restaurant or retail establishment, boasting built-in ventilation and stunning views of the bustling Old Town area. Its location on a signalized corner ensures high visibility and accessibility, complemented by convenient on-site parking. The property's strategic placement provides easy access to Old Town's popular attractions and amenities, making it an attractive destination for both businesses and customers. With 31 residential units already occupied above, this space benefits from a built-in customer base and high foot traffic. The total building size is 28,380 square feet, with the available space representing a portion of the ground floor. This is a rare opportunity to establish a business in a thriving, high-traffic location within a historically significant building in Ingham County, Michigan. The address is 502 E César E. Chávez Ave, Lansing, MI 48906.

Property profile
Verified
Property type Retail properties & Spaces
Total area 28,380 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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