1808 S Pennsylvania Ave, Lansing, MI 48910
For Lease
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This exceptional two-story medical office building, situated at 1808 S Pennsylvania Ave in Lansing, Michigan, presents a compelling investment opportunity. The 11,364 square foot building sits on a 7.5-acre lot and boasts a desirable location within three miles of the new McLaren Hospital near Michigan State University. Currently, the building features a mix of tenancies, with five individual suites. A significant portion of the building is available, with 5,494 square feet of vacant space spread across three first-floor suites, ranging from 1,488 to 2,458 contiguous square feet. These spaces are ideally suited for medical practices seeking established space in a high-traffic area. The second floor is fully occupied by a dental tenant, providing a stable income stream. Built in 1984, the property offers a solid foundation for immediate occupancy and future growth. The Ingham County location (APN 33-01-01-22-353-342) provides easy access to major transportation routes and a thriving medical community. This is a rare opportunity to acquire a well-located medical office building with significant vacancy, allowing for immediate income generation and potential for long-term appreciation. The property's size and layout offer flexibility for a variety of medical uses.
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Dr. Charles Choueiry Dental Office
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Mohammad Mohsin Mohammad Dental Office
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Mason Haddow Dental Office
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Yash Tejas Kapadia Dental Office Physician
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Stewart Reed M Foster Care Service Social Service Agency
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
D-1 PRO · 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.