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    Lansing, MI Restaurants for Sale

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    East Lansing, MI Dewitt, MI Holt, MI
    9 properties
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    REO-Town Freestanding Building For Sale
    Updated: Jan 5, 2021
    REO-Town Freestanding Building For Sale

    1102 S Washington Ave, Lansing, MI 48910

    $199,000
    1,812 sqft
    Excellent visibility due to corner lot location.
    Large parking lot for your customers and staff.
    Great location for restaurant/bar/coffee shop.
    Located in REO‑Town.
    Close proximity to the Grand River and Lansing River Trail W. Elm entrance.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1102 S Washington Ave, Lansing, MI 48910

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Mortgage

      $50K
      Sep 2018

    • Last Sold

      Dec 2020
      $185K

    • Property Type

      Auto Repair, Garage
      Built 1925
    View Property Analytics
    Freestanding Bank with Dual Drive-Thru
    Updated: Mar 16
    Freestanding Bank with Dual Drive-Thru

    5101 N Grand River Avenue, Lansing, MI 48906

    $299,000
    1,380 sqft · 0.87 AC lot
    Freestanding 1,380 SF building on .87 acres.
    Zoned MX‑C - Mixed Use Urban Corridor, suitable for financial, medical, or quick‑service businesses.
    Two drive‑thru lanes and an ATM lane.
    Convenient access to I‑96 and minutes from downtown Lansing.
    Located in a mature commercial corridor on N Grand River in Lansing.
    View details
    Restaurant Property on Cedar Street
    Restaurant Property on Cedar Street

    6724 S Cedar Street, Lansing, MI

    $495,000
    3,474 sqft · 0.57 AC lot

    Prime restaurant property with high visibility and accessibility.

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    Ground-Leased Retail/Restaurant Building
    Ground-Leased Retail/Restaurant Building

    6524 W Saginaw Hwy, Lansing, MI 48917

    $2,795,000
    6,893 sqft

    Well-maintained 6,893 SF ground-leased building built in 2003, zoned C, with newly extended 15-year lease.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    5101 N Grand River Ave, Lansing, MI 48906

    $299,000
    1,380 sqft · 0.87 AC lot

    1,380 SF building on 0.87 acres, suitable for various uses.

    View details
    Remodeled Diner with Garage
    Remodeled Diner with Garage

    516 E Grand River Avenue, Lansing, MI 48906

    $399,000
    0.20 AC lot

    Spacious, remodeled diner with parking and a three-car garage.

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    Restaurant with Drive-Thru For Sale
    Restaurant with Drive-Thru For Sale

    4021 W Saginaw Hwy, Lansing, MI 48917

    $889,000
    2,856 sqft · 1.32 AC lot

    Free-standing restaurant with drive-thru on 1.32 acres.

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    Prime Redevelopment Opportunity Available
    Prime Redevelopment Opportunity Available

    4400 N Grand River Ave, Lansing, MI 48906

    $750,000
    4,578 sqft

    Corner lot near Capital City Airport, Lansing, MI.

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    Established Diner in Lansing, MI
    Established Diner in Lansing, MI

    516 E Grand River Avenue, Lansing, MI 48906

    $399,000
    1,587 sqft · 0.20 AC lot

    Remodeled diner with parking and a three-car garage.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fowlerville Commercial Land Opportunity
    Fowlerville Commercial Land Opportunity

    963 S Grand Avenue, Fowlerville, MI 48836

    $1,350,000
    100 sqft · 1.78 AC lot

    1.78 acre commercial land parcel in high-traffic area.

    View details
    Restaurant and Catering Property
    Restaurant and Catering Property

    Saint Johns, MI 48879

    $501,000
    4,250 sqft · 20.00 AC lot

    Turnkey catering and dining facility with commercial kitchen and bar, plus acreage and storage for diversified operations.

    View details
    Restaurant and Catering Facility
    Restaurant and Catering Facility

    5556 E M 21, Saint Johns, MI 48879

    $501,000
    4,250 sqft · 20.00 AC lot

    Operating catering setup with a commercial kitchen, bar, and dining area on land with tillable acreage and wooded space.

    View details
    Land Near I-96 Exit
    Land Near I-96 Exit

    963 S Grand Ave, Fowlerville, MI 48836

    $1,500,000
    1.78 AC lot

    1.78 AC lot near I-96 exit with general business zoning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Site in Lansing
    Prime Development Site in Lansing

    728 N Cedar St, Lansing, MI 48906

    $200,000
    0.63 AC lot

    0.625-acre development site with high traffic and excellent visibility.

    View details
    Lansing Commercial Land Opportunity
    Lansing Commercial Land Opportunity

    800 W Mount Hope Ave, Lansing, MI 48910

    $99,900

    Commercial land in Lansing with multiple potential uses.

    View details
    Commercial Land in Lansing, MI
    Commercial Land in Lansing, MI

    DUNCKEL Road, Lansing, MI 48910

    $499,900
    3.43 AC lot

    3.43 acre commercial vacant parcel near Dunkel Rd.

    View details
    Commercial Land in Eaton Rapids
    Commercial Land in Eaton Rapids

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57 acres of commercial land in a high-traffic location.

    View details

    Off-Market Properties in Lansing, MI

    Consider similar Off-Market properties in Lansing, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4347 Saginaw Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    4347 Saginaw Hwy, Lansing, MI 48917-2113

    Value Estimation by Request
    2,938 sqft · 1.21 AC lot
    View details
    5000 Grand Riv Ave
    RESTAURANT

    5000 Grand Riv Ave, Lansing, MI 48906-2436

    Value Estimation by Request
    3,705 sqft · 0.63 AC lot
    View details
    3920 Saginaw Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    3920 Saginaw Hwy, Lansing, MI 48917-2104

    Value Estimation by Request
    4,278 sqft · 1.33 AC lot
    View details
    2211 Cedar St
    RESTAURANT

    2211 Cedar St, Lansing, MI 48910-3131

    Value Estimation by Request
    2,300 sqft · 0.57 AC lot
    View details
    2328 Showtime Dr
    RESTAURANT

    2328 Showtime Dr, Lansing, MI 48912-5633

    $1,240,000
    Estimated value
    14,281 sqft · 2.04 AC lot
    View details
    707 Cesar E Chavez Ave
    RESTAURANT

    707 Cesar E Chavez Ave, Lansing, MI 48906-5341

    Value Estimation by Request
    2,382 sqft · 0.13 AC lot
    View details
    6524 Saginaw Hwy
    RESTAURANT

    6524 Saginaw Hwy, Lansing, MI 48917-1108

    $900,000
    Estimated value
    7,102 sqft · 2.56 AC lot
    View details
    214 Washington Sq, Unit 5
    RESTAURANT

    214 Washington Sq, Lansing, MI 48933-1817

    Unit 5
    Value Estimation by Request
    2,197 sqft · 0.08 AC lot
    View details
    172 Edgewood Blvd
    RESTAURANT

    172 Edgewood Blvd, Lansing, MI 48911-5801

    Value Estimation by Request
    4,285 sqft · 1.17 AC lot
    View details
    6540 Saginaw Hwy
    RESTAURANT

    6540 Saginaw Hwy, Lansing, MI 48917-1108

    $1,330,000
    Estimated value
    6,783 sqft · 2.41 AC lot
    View details
    1825 Grand Riv Ave, Unit 9
    BAR, TAVERN

    1825 Grand Riv Ave, Lansing, MI 48906-3906

    Unit 9
    Value Estimation by Request
    3,864 sqft · 1.19 AC lot
    View details
    7300 Grand Riv Ave
    RESTAURANT

    7300 Grand Riv Ave, Lansing, MI 48906-9164

    $1,880,000
    Estimated value
    13,593 sqft · 20.95 AC lot
    View details
    2323 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2323 Michigan Ave, Lansing, MI 48912-4017

    Value Estimation by Request
    1,594 sqft · 0.20 AC lot
    View details
    3122 Martin Luther King Jr Blvd, Unit 1
    DRIVE-THRU RESTAURANT, FAST FOOD

    3122 Martin Luther King Jr Blvd, Lansing, MI 48910-2940

    Unit 1
    Value Estimation by Request
    2,444 sqft · 0.84 AC lot
    View details
    727 Miller Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    727 Miller Rd, Lansing, MI 48911-5708

    Value Estimation by Request
    5,286 sqft · 0.93 AC lot
    View details

    Lansing, MI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lansing, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,620 square feet of properties for sale, with an estimated market value of $6,550,000.

    Sale prices for restaurant properties in Lansing, MI start at $225,000, averaging $727,777, and reaching up to $2,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 6
    Conventional restaurants 4
    Bars & Pubs 2
    Breakfast & diners 2
    Coffee shops 2

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48910 $252.5K
    48906 $429.2K
    48917 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Lansing, MI

    • 48906
    • 48910
    • 48917
    • 48933

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