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Property profile & analytics

107 Washington Sq Lansing, MI 48933

  • Retail space
  • 4,545 SF
  • 0.04 lot acres
Value Estimation
Location Intelligence
Property ID
US43-0215265
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ryan / Tax Preparation Service

Property Details for 107 Washington Sq

Year built
1885
Lot size
0.04 lot acres
Property size
4,545 SF
Zone code
G-1 BUS
Property type
Retail space
APN
33-01-01-16-183-043
APU
33010116183043

Description

This exceptional 1,740-square-foot restaurant space is ideally situated on the bustling main retail strip of downtown Lansing, Michigan, at the corner of Michigan Avenue and Washington Square. Its prime location offers unparalleled visibility and accessibility, boasting heavy pedestrian and vehicular traffic. The property is a single-tenant space, perfect for an established restaurant operator looking to expand or a new business seeking a high-traffic location. The building is situated just one block from the state Capitol, City Hall, and the Radisson Hotel, ensuring a consistent flow of customers. This location benefits from a vibrant and diverse culinary scene, with neighboring establishments including Pita Pit, Empire Szechuan, The Peanut Shop, Jimmy Johns, Zoup!, Grand Traverse Pie Company, Firehouse Subs, Kelly's Irish Pub, Troppo, and more. The existing restaurant equipment is available as part of the sale, presenting a significant advantage for a prospective buyer. This turnkey opportunity allows for immediate operation, minimizing start-up costs and maximizing potential returns. The address is 107 S Washington Square, Lansing, MI 48933. This is a rare chance to acquire a thriving restaurant space in a highly sought-after downtown location. The property is conveniently located adjacent to Juice Nation, further enhancing its appeal and visibility within the community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5526
Latitude
42.7339
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$6,524
$7,900
$81,900
$89,800
-
$15,800
$163,800
$179,600
More about this property
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