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    120 Washington Sq Lansing, MI 48933
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    Property profile & analytics

    120 Washington Sq, Lansing, MI 48933

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    • Office buildings
    • 157,548 SF
    • 0.73 lot acres
    Lansing Office Sublease: Prime Downtown Location For Lease
    $27 SF/Yr

    Lansing Office Sublease: Prime Downtown Location

    6,000 SF Top Floor Office, Stunning Views

    120 Washington Sq, Lansing, MI 48933
    View Listing
    Property ID
    US43-1916507
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Soul Media / Film Production / Television Studio
    • Michigan Distributors & Vndrs / Charitable Organization / Social Service Agency
    • Absolute Waterproofing Solutions - Lansing / Hardware & Home Improvement / Construction Company
    • DevCare Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
    • Kheder Davis & Associates Inc / Consultant

    Property Details for 120 Washington Sq

    Year built
    1982
    Lot size
    0.73 lot acres
    Property size
    157,548 SF
    Property type
    Office buildings
    APN
    33-01-01-16-255-004
    APU
    33010116255004

    Description

    This exceptional office space at 120 N Washington Square, Suite 300, Lansing, MI 48933, offers a diverse range of options to suit various business needs. Located in Ingham County, this property provides flexible workspace solutions, including traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. The space caters to businesses of all sizes, from single-person operations to large corporations, offering customizable solutions ranging from individual desks to spaces accommodating 100 or more employees. Options include fully furnished and equipped private offices, tailored to specific requirements, along with serviced and custom office spaces, disaster recovery spaces, and day offices. Coworking options provide shared office or open-plan areas, with daily or hot desk reservations available. A comprehensive suite of meeting rooms is also available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, and conferences. Virtual office solutions are also offered, including prestigious business addresses, mail handling, and professional virtual assistant services. Flexible working plans provide access to a global network of business lounges and workspaces. The property's location in downtown Lansing offers convenient access to amenities and transportation. This versatile property is ideal for businesses seeking adaptable and modern work environments.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $15,077,000
      Market price range: $7.31M - $20.5M
      AI Estimate
      $9,624,000
      Market price range: $2.10M - $14.1M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $13,000,000
      Current use
      RESTAURANT
      $13,745,000
      Change: +6% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $13,440,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $13,395,000
      Change: +3% Conversion: Easy
      RETAIL STORES
      $11,250,000
      Change: -13% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5518
    Latitude
    42.7342
    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
    $544,122
    $157,800
    $8,723,400
    $8,881,200
    -
    $315,600
    $17,446,800
    $17,762,400
    View Listing
    More about this property
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