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    Property profile & analytics

    203 Washington Sq Lansing, MI 48933-1807

    • Bars
    • 5,098 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Aug 14, 2020
    $350,000
    Location Intelligence
    Property ID
    US43-0072596
    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.

    Current Use by Public Records

    • Bars

    Property Details for 203 Washington Sq

    Year built
    1870
    Lot size
    0.10 lot acres
    Property size
    5,098 SF
    Zone code
    G-1 BUS
    Property type
    Bars
    Property subtype
    Pubs
    APN
    33-01-01-16-404-011
    APU
    33010116404011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5518
    Latitude
    42.7323
    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
    $14,921
    $21,800
    $211,700
    $233,500
    -
    $43,600
    $423,400
    $467,000

    Comparable in this City

    • Value Estimation
      $215,000
      3,256 SF

      314 Michigan Ave

      BAR, TAVERN • 3,256 SF
      314 Michigan Ave, Lansing, MI 48933-1419
      View Details
    • Value Estimation
      $335,000
      6,615 SF

      224 Washington Sq

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,615 SF
      224 Washington Sq, Lansing, MI 48933-1808
      View Details
    • Value Estimation by Request
      1,638 SF

      120 Washington Sq Ste, Unit 1

      RESTAURANT • 1,638 SF
      120 Washington Sq Ste, Lansing, MI 48933-1653
      View Details
    • Value Estimation
      $260,000
      4,585 SF

      301 Washington Sq, Unit 12

      RESTAURANT • 4,585 SF
      301 Washington Sq, Lansing, MI 48933-2114
      View Details
    • Value Estimation
      $310,000
      2,662 SF

      115 Washington Sq, Unit 6

      RESTAURANT • 2,662 SF
      115 Washington Sq, Lansing, MI 48933-1703
      View Details
    • Value Estimation
      $370,000
      11,273 SF

      111 Michigan Ave

      RESTAURANT • 11,273 SF
      111 Michigan Ave, Lansing, MI 48933-1376
      View Details

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    Similar Nearby for Lease

    • $13 SF/Yr
      3,206 SF

      Lansing Retail Space: Prime Location

      Downtown Lansing retail, two suites available.
      109 Washington Sq, Lansing, MI 48933
      View Details
    • $20 SF/Yr
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      Lansing Restaurant Space For Sale

      Prime Downtown Lansing Restaurant, 1740 sq ft
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      Hollister Building Retail Space

      Downtown Retail, High Traffic Area
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    • $3,951 /Mo
      3,387 SF

      Retail Space in Lansing

      Retail property available for lease in Lansing, Michigan.
      115 S Washington Sq, Lansing, MI 48933
      View Details
    • $20 SF/Yr
      9,677 SF

      Downtown Lansing Retail Space

      Prime Lansing location, 9,677 SF available
      228 Washington Sq, Lansing, MI 48933
      View Details
    • Contact for pricing
      3,083 SF

      Downtown Lansing Storefront

      Prime Retail Space, High Visibility
      228 Washington Sq, Lansing, MI 48933
      View Details
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    Lansing, MI 48933-1807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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