120 W Saginaw St, East Lansing, MI 48823
For Lease
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This exceptional commercial property, located at 120 W Saginaw Highway at the corner of West Saginaw Highway and Abbot Road in Ingham County, offers a unique opportunity. Comprising two Class A buildings totaling 43,021 square feet, this property is ideally situated for businesses seeking a prestigious address. Currently, there are two available office spaces, ranging in size from 4,966 to 12,538 square feet, perfect for a variety of tenants. The location provides unparalleled convenience, with easy access to US-127 and proximity to Michigan State University campus, diverse dining options, fitness centers, financial institutions, grocery stores, and retail establishments. The buildings themselves hold significant historical value, boasting a place on both the State and National Registers of Historic Sites. This presents a rare chance to occupy a landmark property while enjoying modern amenities and a strategic location. The multiple tenancy structure allows for flexibility and potential for growth. This is an exceptional opportunity to establish a presence in a thriving area with a rich history. The property's prime location and historical significance make it an attractive investment for businesses seeking a unique and advantageous position in the Lansing market. The available space offers a blend of character and modern functionality, catering to a wide range of business needs.
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MiHIN | Michigan Health Information Network Shared Services Charitable Organization Social Service Agency
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MSMS Physicians Insurance Agency Insurance Agency
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Michigan State Medical Society Association / Organization Non-Profit Organization
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Velatura Corporate Office
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mdpac Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
B1 · East Lansing, MIEast Lansing. 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.