Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    603 Michigan Ave, Lansing, MI 48912-1182

    3,432 SF 0.05 ac lot Built 1907
    Entity Owned Free & Clear
    Property ID
    US43-0228626
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity encompasses three parcels totaling 20,444 square feet, strategically located in Lansing, Michigan, near the city's newest downtown developments. Boasting 132 feet of frontage on Michigan Avenue, this mixed-use property presents a unique blend of commercial space and apartments. The property is currently vacant, offering a blank canvas for a visionary investor. Individual building sizes are substantial, with 603 E. Michigan Ave at 3,432 square feet, 605 E. Michigan Ave at 3,564 square feet, and 607 E. Michigan Ave comprising 13,448 square feet. The asking price is $3,000,000, translating to $146.74 per square foot. This Class C property, with a Modified Lease type and Single Tenancy, presents a compelling investment opportunity in a rapidly evolving urban core. The property's location in Ingham County, with addresses at 603, 605, and 607 E. Michigan Ave, Lansing, MI 48912, ensures easy access to key amenities and transportation routes. The substantial square footage and prime location make this an ideal project for adaptive reuse or new construction, catering to the growing demand for commercial and residential spaces in downtown Lansing. This is a rare chance to acquire a significant footprint in a revitalizing area with substantial upside potential. The property is designated as an investment or redevelopment opportunity and is ready for an investor to bring their vision to life.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1907
    Total area 3,432 SF
    Lot 0.05 ac (2,222 SF)
    Zoning code G-1 BUS
    APN 33-01-01-16-277-181
    UPID US43-0228626
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Speedy “G Bail Bonds Law Firm
    • Wize Tax Services Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Michigan Ave Revitalization LLC
    Michigan Ave Revitalization LLC
    since 2025
    Last sale
    $890,000
    7 recorded transactions
    2025
    $890,000
    2025
    2020
    $330,000
    2019
    $290,000
    2011
    $112,500
    2009
    $266,869
    2005
    Zoning & alternative use
    G-1 BUS · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 603 Michigan Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message