523 Shiawassee St Lansing, MI 48912-1213
This exceptional 6,380 square foot restaurant is ideally situated in Lansing's vibrant Stadium District, a dynamic area attracting 4.8 million visitors annually. The property boasts unparalleled visibility and prime signage opportunities, ensuring maximum exposure for your business. Its single-tenant occupancy offers a streamlined operational structure. The building's location within the Stadium District provides significant foot traffic, benefiting from the proximity to several substantial residential developments. These include the Outfield Lofts (83 units), Marketplace Apartments (159 units), Stadium District Apartments (40 units), and BLOCK600 Lofts (40 units), guaranteeing a consistent flow of potential customers. The property is located at 523 E Shiawassee St, Lansing, MI 48912, within Ingham County. This turnkey restaurant space presents a unique opportunity for established businesses or entrepreneurs seeking a high-traffic location in a thriving urban environment. The property type is classified as a restaurant with a single tenant occupancy. The substantial square footage provides ample space for a variety of culinary concepts and operational needs. This prime location offers an unparalleled chance to establish or expand a successful restaurant venture in a dynamic and rapidly growing area of Lansing. The high volume of foot traffic and visibility make this a truly exceptional opportunity.
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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
H LT IN · 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.