Property profile

814 Washington Ave Lansing, MI 48906

OFF-MARKET
Office buildings
Property ID
US43-0638621
3,321 SF 0.22 ac lot Built 1890
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 814 N Washington Avenue Unit 814 in Lansing, Michigan, presents a unique investment opportunity. Boasting a substantial 3,321 square feet of interior space, this property offers significant flexibility for a wide range of commercial ventures. The expansive 2.2-acre lot provides ample room for expansion, additional parking, or outdoor operations, depending on the intended use. The property's "Other" classification suggests adaptability to various business models, making it an attractive option for entrepreneurs and established businesses alike. Situated in Lansing, the property benefits from convenient access to major transportation routes and a thriving local economy. The asking price of $249,900 represents a compelling value for a property of this size and potential. Serious inquiries are encouraged to explore the possibilities this versatile commercial space offers. The property's location in Lansing provides access to a robust infrastructure and a diverse workforce. The generous square footage and expansive lot size provide significant potential for growth and development. This is an exceptional opportunity to acquire a substantial commercial property in a desirable location at a competitive price. Don't miss out on this chance to secure a valuable asset in a dynamic market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Total area 3,321 SF
Lot 0.22 ac (9,583 SF)
Zoning code D-1 PRO
APN 33-01-01-09-451-021
UPID US43-0638621

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Alternative Medicine Practice
  • Association / Organization

Location

814 Washington Ave Lansing, MI 48906-5134
Lansing metro Census 700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$203,000
4 recorded transactions
2025
$203,000
2019
Price N/A
2009
$153,000
2007
Price N/A

Zoning & alternative use

D-1 PRO · Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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