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Property profile & analytics
OFF-MARKET
Commercial real estate

227/229 Washington Sq Lansing, MI 48933

4,158 SF 0.06 ac lot Built 1885
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 227/229 Washington Square in the heart of Lansing, Michigan, presents a unique investment opportunity. Spanning 4,158 square feet on a 0.06-acre lot, this beautifully renovated space offers 11 versatile offices, perfect for a variety of business needs. Large windows throughout flood the interior with natural light and provide captivating views of the city's vibrant downtown. The property boasts separate men's and women's restrooms for employee and client convenience. A well-equipped kitchen area is ideal for employee breaks or informal meetings. A spacious conference room, ready to accommodate team gatherings or client presentations, completes the functional layout. This property's central location and modern amenities make it an ideal choice for businesses seeking a prominent presence in Lansing's bustling urban core. The asking price for this turnkey commercial space is $650,000. This is a rare opportunity to acquire a fully renovated, move-in ready commercial property in a highly desirable downtown location. The property's size and amenities make it suitable for a wide range of businesses seeking a sophisticated and functional workspace. Don't miss this chance to secure a prime commercial asset in the thriving Lansing market.

Property profile
Verified
Property type Commercial real estate
Year built 1885
Total area 4,158 SF
Lot 0.06 ac (2,614 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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