227/229 Washington Sq Lansing, MI 48933
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.
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.