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    Lansing, MI Restaurants for Sale

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    Ranch Breakfast & Diner
    Updated: Aug 12, 2020
    Ranch Breakfast & Diner

    516 E Grand River Avenue, Lansing, MI 48906

    $399,000
    1,587 sqft 0.20 AC lot
    Kitchen and diner fully remodeled in 2007
    Parking out front plus additional parking in the rear; 3‑car garage in back
    0.2‑acre lot with 1,587 SF diner building
    Built in 1928 with ranch architecture; concrete construction and metal roof
    Natural gas forced‑air heating with central air, ceiling fans, and window unit(s)
    View details
    Ground-Leased Retail/Restaurant Building
    Updated: Jun 4
    Ground-Leased Retail/Restaurant Building

    6524 W Saginaw Hwy, Lansing, MI 48917

    Contact for pricing
    6,893 sqft
    Well‑maintained 6,893 SF building constructed in 2003 on a low rent ground lease
    15‑year lease extension just received
    Zoned C
    Ground‑leased commercial building in Lansing, MI
    View details
    Free-Standing Restaurant & Bar
    Free-Standing Restaurant & Bar

    1785 W State Rd, Lansing, MI 48906

    Contact for pricing
    3,850 sqft

    Free-standing restaurant and bar for sale totaling 3,850 SF with ongoing business, personal property, FF&E, and liquor license.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    329-337 S Washington Square, Lansing, MI 48933

    $1,891,900

    Mixed-use property with nine loft-style apartments and ground-floor retail, plus 11 on-site parking spaces.

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    Two-Tenant Retail Center with Parking
    Two-Tenant Retail Center with Parking

    5924 W Saginaw Hwy, Lansing, MI 48917

    Contact for pricing
    9,942 sqft 1.57 AC lot

    Two corporately guaranteed NNN tenants occupy a two-tenant retail center with ample on-site parking.

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    Fast Casual Restaurant with Kitchen
    Fast Casual Restaurant with Kitchen

    220 S Washington Square, Lansing, MI 48933

    Contact for pricing

    Restaurant space with a built-in kitchen (excluding the hood) and an in-place 36-month lease.

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

    4021 W Saginaw Hwy, Lansing, MI 48917

    Contact for pricing
    2,856 sqft 1.32 AC lot

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

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Operational Coffee Shop with Equipment
    Operational Coffee Shop with Equipment

    501 E Grand River Avenue, East Lansing, MI 48823

    $380,000
    7,790 sqft

    Established café space includes commercial-grade equipment and a complete setup for beverage and light food service.

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    Retail Center with Vacant Possession
    Retail Center with Vacant Possession

    1060 Trowbridge Road, East Lansing, MI 48823

    Contact for pricing
    7,975 sqft

    Retail center in East Lansing with tenant set to vacate, allowing the next owner to reconfigure and lease portions.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    3464, Okemos, MI 48864

    $449,900

    Freestanding 2,100 SF restaurant building offers ample on-site parking and strong street presence on a high-traffic corridor.

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    Restaurant Site in Okemos
    Restaurant Site in Okemos

    4880 Marsh Rd, Okemos, MI

    Contact for pricing
    8,057 sqft 2.92 AC lot

    Restaurant property in high-traffic Meridian Township entertainment and shopping area.

    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

    $175,000
    0.63 AC lot

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

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    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.

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    Commercial Land Near Interchange
    Commercial Land Near Interchange

    DUNCKEL Road, Lansing, MI 48910

    $499,900
    3.43 AC lot

    Vacant commercial parcel near the 496-127 interchange in Lansing, suited to retail, restaurant, or office development.

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    Corner Commercial Land with Road Frontage
    Corner Commercial Land with Road Frontage

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

    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

    $460,000
    Estimated value
    2,938 sqft 1.21 AC lot
    View details
    5000 Grand Riv Ave
    RESTAURANT

    5000 Grand Riv Ave, Lansing, MI 48906-2436

    $260,000
    Estimated value
    3,705 sqft 0.63 AC lot
    View details
    3920 Saginaw Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    3920 Saginaw Hwy, Lansing, MI 48917-2104

    $370,000
    Estimated value
    4,278 sqft 1.33 AC lot
    View details
    2211 Cedar St
    RESTAURANT

    2211 Cedar St, Lansing, MI 48910-3131

    $300,000
    Estimated value
    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

    $110,000
    Estimated value
    2,382 sqft 0.13 AC lot
    View details
    6524 Saginaw Hwy
    RESTAURANT

    6524 Saginaw Hwy, Lansing, MI 48917-1108

    $645,000
    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
    $270,000
    Estimated value
    2,197 sqft 0.08 AC lot
    View details
    172 Edgewood Blvd
    RESTAURANT

    172 Edgewood Blvd, Lansing, MI 48911-5801

    $360,000
    Estimated value
    4,285 sqft 1.17 AC lot
    View details
    6540 Saginaw Hwy
    RESTAURANT

    6540 Saginaw Hwy, Lansing, MI 48917-1108

    $615,000
    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
    $290,000
    Estimated value
    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

    $265,000
    Estimated value
    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
    $295,000
    Estimated value
    2,444 sqft 0.84 AC lot
    View details
    727 Miller Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    727 Miller Rd, Lansing, MI 48911-5708

    $350,000
    Estimated value
    5,286 sqft 0.93 AC lot
    View details
    1026 Saginaw St, Unit 24
    RESTAURANT

    1026 Saginaw St, Lansing, MI 48915-1967

    Unit 24
    $240,000
    Estimated value
    1,303 sqft 0.11 AC lot
    View details
    315 Homer St
    RESTAURANT

    315 Homer St, Lansing, MI 48912-4613

    $80,000
    Estimated value
    2,434 sqft 0.27 AC lot
    View details

    Lansing, MI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lansing, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 25,128 square feet of properties for sale, with an estimated market value of $2,290,900.

    Sale prices for restaurant properties in Lansing, MI start at $399,000, averaging $1,145,450, and reaching up to $1,891,900 — 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

    Conventional restaurants 15
    Drive through restaurants 5
    Bars & Pubs 4
    Pubs 2
    Breakfast & diners 1

    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
    48906 $365.7K
    48933 $1.9M

    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

    • 48917
    • 48906
    • 48933

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