1102 S Washington Ave, Lansing, MI 48910
For Sale
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This 1,812 square foot free-standing building, located at 1102 S. Washington Ave in Lansing, Michigan, 48910, presents a unique opportunity. Built in 1936 and partially renovated in 2018, the single-story property offers a blank canvas for a variety of restaurant, retail, or bar concepts. Its prime corner location at the intersection of S. Washington and W. Elm Streets in the REOTOWN district ensures excellent visibility and accessibility. The building features large garage-door style windows, allowing for ample natural light and creating a welcoming atmosphere. A significant advantage is the large on-site parking lot, addressing a common challenge for businesses in this area. The property's proximity to the Grand River and the Lansing River Trail W. Elm entrance provides additional foot traffic and enhances its appeal. The entire 1,812 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. This is an exceptional opportunity to establish a thriving business in a vibrant and growing Lansing neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
F COMM · Lansing, MILansing. Always verify with local authorities before improvements.
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.