0 Allegan & Washington Lansing, MI 48933
The Hollister Building, located at the intersection of Allegan and Washington, offers prominent office space in the heart of Lansing's bustling downtown Washington Square shopping district. This six-story, Class B building, totaling 91,802 square feet, presents a unique opportunity for multiple tenants. Constructed in 1898 and renovated in 1996, the building sits on a 0.34-acre lot and is zoned for office use. The available space ranges from 1,485 to 11,239 square feet, catering to a variety of business needs. Its central location provides excellent visibility and benefits from high foot traffic, making it an ideal location for businesses seeking strong brand exposure. The building's proximity to the Capitol building (just one block away) further enhances its appeal and accessibility. The property's Ingham County location, specifically within the Lansing - Central Business District submarket, offers easy access to amenities and transportation. The building's APN is 33-01-01-16-325-031. This is a rare opportunity to secure office space in a historically significant and highly desirable downtown location. The building's single structure and multiple tenancy options provide flexibility for various business models.
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
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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.