Strip Mall

Lansing, MI Strip Malls for Sale

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East Lansing, MI Okemos, MI Dewitt, MI Holt, MI Dimondale, MI Bath, MI Haslett, MI Grand Ledge, MI
Multi-Tenant Strip Center with Subway
Updated: Apr 11
Multi-Tenant Strip Center with Subway

1824 S Pennsylvania Ave, Lansing, MI 48910

Contact for pricing
2,850 sqft 0.39 AC lot
Fully leased 2,850 SF multi‑tenant neighborhood strip center occupied by Subway and Everyday Tobacco
Subway operating at the location for over 21 years; recently extended the lease for another five years
Everyday Tobacco recently signed a 5‑year lease at this location
16,988 SF lot with hard‑corner retail positioning and traffic‑signal free standing and wall signage
Average daily traffic count of 22,000 on S Pennsylvania Ave
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Two-Tenant Retail Strip Investment
Updated: Sep 14, 2024
Two-Tenant Retail Strip Investment

5400 S Pennsylvania Ave, Lansing, MI 48911

Contact for pricing
8,450 sqft 1.06 AC lot
Long‑term tenants: NovaCare has occupied the property since 1985, demonstrating stability.
Fully occupied retail strip with two established tenants (NovaCare Rehabilitation and PKSA Karate).
PKSA recently expanded their space in 2021, showing commitment to the location.
High traffic location on South Pennsylvania Avenue with approximately 14,000 vehicles per day.
Recently renovated building, including exterior updates and accommodations for NovaCare.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

1989 Retail Strip Center
1989 Retail Strip Center

5038 Miller Rd, Flint, MI 48507

$4,100,000
5,000 sqft 0.75 AC lot

Retail strip center built in 1989 near Genesee Valley Center, with mixed tenancy and available space.

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Retail and Self-Storage Opportunity
Retail and Self-Storage Opportunity

2865-2885 Bay Road, Saginaw, MI 48603

Contact for pricing
104,899 sqft

Large multi-use property in Saginaw, zoned B-3, suitable for retail or self-storage concepts.

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3-Unit Strip Center on Hard Corner
3-Unit Strip Center on Hard Corner

3626 Miller Rd, Flint, MI 48503

Contact for pricing
8,000 sqft

Three-unit strip center with an available 5,200 SF retail suite and current tenants Boost Mobile and Domino's.

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Saginaw Township Strip Center
Saginaw Township Strip Center

33 White Tail Creek Rd, Saginaw, MI 48638

Contact for pricing
10,110 sqft 1.00 AC lot

Newer strip center with professional, office, and medical tenants.

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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 Commercial Land Opportunity
Prime Commercial Land Opportunity

Brookley Road, Jackson, MI 49202

$1,499,010
5.12 AC lot

5. 5 acres at I-94 and Cooper Street.

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Commercial Land on Corunna Road
Commercial Land on Corunna Road

Flint, MI 48532

$99,900
2.40 AC lot

2.40-acre commercial land parcel with C2 zoning.

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Prime Commercial Land Near US-23
Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000
18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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C-2 Commercial Land Parcel
C-2 Commercial Land Parcel

12611 James Street, Holland, MI 49424

$595,000
2.03 AC lot

Two-acre commercial site with electricity available near established retail and restaurant operators.

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.

815 Edgewood Blvd Ste C
SHOPPING CENTER, STRIP CENTER

815 Edgewood Blvd Ste C, Lansing, MI 48911-7515

$910,000
Estimated value
16,900 sqft 1.73 AC lot
View details
5200 Saginaw Hwy
SHOPPING CENTER, STRIP CENTER

5200 Saginaw Hwy, Lansing, MI 48917-1913

$1,100,000
Estimated value
21,000 sqft 2.43 AC lot
View details
5525 Cedar St Ste, Unit 3
SHOPPING CENTER, STRIP CENTER

5525 Cedar St Ste, Lansing, MI 48911-3860

Unit 3
$590,000
Estimated value
12,600 sqft 0.74 AC lot
View details
5002 Saginaw Hwy
SHOPPING CENTER, STRIP CENTER

5002 Saginaw Hwy, Lansing, MI 48917-2659

$1,960,000
Estimated value
36,000 sqft 3.40 AC lot
View details
5025 Grand Riv Ave Ste, Unit 1
SHOPPING CENTER, STRIP CENTER

5025 Grand Riv Ave Ste, Lansing, MI 48906-5812

Unit 1
Value Estimation by Request
3,861 sqft 0.56 AC lot
View details
3000 Vine St, Unit 4
SHOPPING CENTER, STRIP CENTER

3000 Vine St, Lansing, MI 48912-4623

Unit 4
$625,000
Estimated value
12,248 sqft 0.62 AC lot
View details
301 Clippert St
SHOPPING CENTER, STRIP CENTER

301 Clippert St, Lansing, MI 48912-4602

$1,360,000
Estimated value
27,920 sqft 2.20 AC lot
View details
1820 Pennsylvania Ave
SHOPPING CENTER, STRIP CENTER

1820 Pennsylvania Ave, Lansing, MI 48910

Value Estimation by Request
2,850 sqft 0.39 AC lot
View details
7045 Cedar St
SHOPPING CENTER, STRIP CENTER

7045 Cedar St, Lansing, MI 48911-6960

$570,000
Estimated value
6,460 sqft 0.67 AC lot
View details
4314 Martin Luther King Jr Blvd
SHOPPING CENTER, STRIP CENTER

4314 Martin Luther King Jr Blvd, Lansing, MI 48910-6220

Value Estimation by Request
10,591 sqft 0.68 AC lot
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4300 Martin Luther King Jr Blvd
SHOPPING CENTER, STRIP CENTER

4300 Martin Luther King Jr Blvd, Lansing, MI 48910-6220

Value Estimation by Request
3,088 sqft 0.50 AC lot
View details
4359 Saginaw Hwy
SHOPPING CENTER, STRIP CENTER

4359 Saginaw Hwy, Lansing, MI 48917-2113

$1,815,000
Estimated value
18,664 sqft 1.73 AC lot
View details
815 Edgewood Blvd Ste D
SHOPPING CENTER, STRIP CENTER

815 Edgewood Blvd Ste D, Lansing, MI 48911-7515

$830,000
Estimated value
16,900 sqft 1.73 AC lot
View details
815 Edgewood Blvd E E Ste
SHOPPING CENTER, STRIP CENTER

815 Edgewood Blvd E E Ste, Lansing, MI 48911-7515

$830,000
Estimated value
16,900 sqft 1.73 AC lot
View details
815 Edgewood Blvd Ste F
SHOPPING CENTER, STRIP CENTER

815 Edgewood Blvd Ste F, Lansing, MI 48911-7515

$830,000
Estimated value
16,900 sqft 1.73 AC lot
View details
815 Edgewood Blvd Ste A
SHOPPING CENTER, STRIP CENTER

815 Edgewood Blvd Ste A, Lansing, MI 48911-7515

$830,000
Estimated value
16,900 sqft 1.73 AC lot
View details
6001 Saginaw Hwy
SHOPPING CENTER, STRIP CENTER

6001 Saginaw Hwy, Lansing, MI 48917-2464

$730,000
Estimated value
11,745 sqft 1.69 AC lot
View details
5141 Grand Riv Ave
SHOPPING CENTER, STRIP CENTER

5141 Grand Riv Ave, Lansing, MI 48906

Value Estimation by Request
2,225 sqft 0.33 AC lot
View details
4832 Saginaw Hwy
SHOPPING CENTER, STRIP CENTER

4832 Saginaw Hwy, Lansing, MI 48917-2662

$2,100,000
Estimated value
34,268 sqft 4.52 AC lot
View details
425 Clippert St
SHOPPING CENTER, STRIP CENTER

425 Clippert St, Lansing, MI 48912-4603

Value Estimation by Request
3,720 sqft 0.25 AC lot
View details
3325 Martin Luther King Jr Blvd
SHOPPING CENTER, STRIP CENTER

3325 Martin Luther King Jr Blvd, Lansing, MI 48910-5930

$925,000
Estimated value
4,995 sqft 0.52 AC lot
View details
3705 Jolly Rd
SHOPPING CENTER, STRIP CENTER

3705 Jolly Rd, Lansing, MI 48911-3337

Value Estimation by Request
9,432 sqft 0.67 AC lot
View details

Lansing, MI Strip Malls Market Trends and Statistics

Explore 72 strip malls for sale in Lansing, MI on our real estate platform. These investment opportunities span a total of 11,300 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 40
Shopping centers 31
Automotive properties 29
Auto shops 22
Showrooms 11

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 $650K

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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