Entity Owned Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,545 SF
- Lot area
- 0.04 ac
- Year built
- 1885
- Stories
- 3
- APN
- 33-01-01-16-183-043
- Zoning
- G-1 BUS
- Assessed value · 2023
- $89,800
- Annual tax · 2020
- $6,524
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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