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    Lansing, MI Strip Malls for Sale

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    East Lansing, MI Dewitt, MI Dimondale, MI
    Commercial Strip on Pennsylvania Avenue
    $1,150,000
    3,000 SF
    Commercial Strip on Pennsylvania Avenue

    5326 S PENNSYLVANIA Ave, Lansing, MI 48911

    Commercial strip with retail, office, and storage space.
    • Prime commercial strip location on main Pennsylvania Avenue.
    • Six units offering diverse income potential (grocery store, barber shop, office space, storage).
    • Option to purchase the established Middle Eastern Grocery Store business for $450,000 (including inventory and equipment) with training provided.
    • Recently updated features: New roof (2016), New AC unit (2015), LED lights in grocery store (2023), remodeled second‑floor office space (2022).
    • Significant 3000 sq ft of storage space behind the building, offering additional rental income potential.
    Updated: Mar 24
    View details
    Two-Tenant Retail Strip Investment
    $935,000
    8,450 SF
    Two-Tenant Retail Strip Investment

    5400 S Pennsylvania Ave, Lansing, MI 48911

    Fully occupied retail strip with long-term tenants in Lansing.
    • 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.
    Updated: Sep 14, 2024
    View details
    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.

    Retail Strip Center in Mason
    $499,000
    3,700 SF
    Retail Strip Center in Mason

    Fully leased retail strip center in downtown Mason, Michigan.

    306 S Cedar Street, Mason, MI 48854

    View details
    Fully Leased Retail Strip Center
    $499,000
    3,700 SF
    Fully Leased Retail Strip Center

    Turnkey investment property with stable cash flow and upside potential.

    306 S Cedar St, Mason, MI 48854

    View details
    Commercial Buildings in Prime Business District
    $699,900
    Commercial Buildings in Prime Business District

    Two commercial buildings with strong cash flow and upside potential.

    3208 S Dort Hwy, Flint, MI 48507

    View details
    Multi-Tenant Building with Drive-Thru
    $724,000
    4,568 SF
    Multi-Tenant Building with Drive-Thru

    4,568-SF multi-tenant building 100% leased in a dense retail area.

    4455 Corunna Rd, Flint, MI

    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 Commercial Land Opportunity
    $1,499,010
    5.12 Acres
    Prime Commercial Land Opportunity

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

    Brookley Road, Jackson, MI 49202

    View details
    Commercial Land on Corunna Road
    $99,900
    2.40 Acres
    Commercial Land on Corunna Road

    2.40-acre commercial land parcel with C2 zoning.

    Flint, MI 48532

    View details
    Redevelopment Opportunity in Grand Rapids
    $375,000
    Redevelopment Opportunity in Grand Rapids

    Prime commercial land in active corridor with redevelopment potential.

    4405 Eastern Avenue Southeast, Grand Rapids, MI 49548

    View details
    Prime Commercial Land Near US-23
    $1,900,000
    18.53 Acres
    Prime Commercial Land Near US-23

    18.53 acre commercial land parcel with US-23 visibility.

    Arkona Road, Milan, MI 48160

    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
    16,900 SF Lot: 1.73 Acres
    Estimated value
    $910,000

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

    View details
    5200 Saginaw Hwy
    SHOPPING CENTER, STRIP CENTER
    21,000 SF Lot: 2.43 Acres
    Estimated value
    $1,100,000

    5200 Saginaw Hwy, Lansing, MI 48917-1913

    View details
    5525 Cedar St Ste, Unit 3
    SHOPPING CENTER, STRIP CENTER
    12,600 SF Lot: 0.74 Acres
    Estimated value
    $590,000
    Unit 3

    5525 Cedar St Ste, Lansing, MI 48911-3860

    View details
    5002 Saginaw Hwy
    SHOPPING CENTER, STRIP CENTER
    36,000 SF Lot: 3.40 Acres
    Estimated value
    $1,960,000

    5002 Saginaw Hwy, Lansing, MI 48917-2659

    View details
    5025 Grand Riv Ave Ste, Unit 1
    SHOPPING CENTER, STRIP CENTER
    3,861 SF Lot: 0.56 Acres
    Value Estimation by Request
    Unit 1

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

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    3000 Vine St, Unit 4
    SHOPPING CENTER, STRIP CENTER
    12,248 SF Lot: 0.62 Acres
    Estimated value
    $625,000
    Unit 4

    3000 Vine St, Lansing, MI 48912-4623

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    301 Clippert St
    SHOPPING CENTER, STRIP CENTER
    27,920 SF Lot: 2.20 Acres
    Estimated value
    $1,360,000

    301 Clippert St, Lansing, MI 48912-4602

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    1820 Pennsylvania Ave
    SHOPPING CENTER, STRIP CENTER
    2,850 SF Lot: 0.39 Acres
    Value Estimation by Request

    1820 Pennsylvania Ave, Lansing, MI 48910

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    7045 Cedar St
    SHOPPING CENTER, STRIP CENTER
    6,460 SF Lot: 0.67 Acres
    Estimated value
    $570,000

    7045 Cedar St, Lansing, MI 48911-6960

    View details
    4314 Martin Luther King Jr Blvd
    SHOPPING CENTER, STRIP CENTER
    10,591 SF Lot: 0.68 Acres
    Value Estimation by Request

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

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    4300 Martin Luther King Jr Blvd
    SHOPPING CENTER, STRIP CENTER
    3,088 SF Lot: 0.50 Acres
    Value Estimation by Request

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

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    4359 Saginaw Hwy
    SHOPPING CENTER, STRIP CENTER
    18,664 SF Lot: 1.73 Acres

    4359 Saginaw Hwy, Lansing, MI 48917-2113

    View details
    815 Edgewood Blvd Ste D
    SHOPPING CENTER, STRIP CENTER
    16,900 SF Lot: 1.73 Acres
    Estimated value
    $830,000

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

    View details
    815 Edgewood Blvd E E Ste
    SHOPPING CENTER, STRIP CENTER
    16,900 SF Lot: 1.73 Acres
    Estimated value
    $830,000

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

    View details
    815 Edgewood Blvd Ste F
    SHOPPING CENTER, STRIP CENTER
    16,900 SF Lot: 1.73 Acres
    Estimated value
    $830,000

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

    View details
    815 Edgewood Blvd Ste A
    SHOPPING CENTER, STRIP CENTER
    16,900 SF Lot: 1.73 Acres
    Estimated value
    $830,000

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

    View details
    6001 Saginaw Hwy
    SHOPPING CENTER, STRIP CENTER
    11,745 SF Lot: 1.69 Acres
    Estimated value
    $730,000

    6001 Saginaw Hwy, Lansing, MI 48917-2464

    View details
    5141 Grand Riv Ave
    SHOPPING CENTER, STRIP CENTER
    2,225 SF Lot: 0.33 Acres
    Value Estimation by Request

    5141 Grand Riv Ave, Lansing, MI 48906

    View details
    4832 Saginaw Hwy
    SHOPPING CENTER, STRIP CENTER
    34,268 SF Lot: 4.52 Acres
    Estimated value
    $2,100,000

    4832 Saginaw Hwy, Lansing, MI 48917-2662

    View details
    425 Clippert St
    SHOPPING CENTER, STRIP CENTER
    3,720 SF Lot: 0.25 Acres
    Value Estimation by Request

    425 Clippert St, Lansing, MI 48912-4603

    View details
    3325 Martin Luther King Jr Blvd
    SHOPPING CENTER, STRIP CENTER
    4,995 SF Lot: 0.52 Acres
    Estimated value
    $925,000

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

    View details
    3705 Jolly Rd
    SHOPPING CENTER, STRIP CENTER
    9,432 SF Lot: 0.67 Acres
    Value Estimation by Request

    3705 Jolly Rd, Lansing, MI 48911-3337

    View details

    Lansing, MI Strip Malls Investment Opportunities Market Analysis

    Explore 72 strip malls for sale in Lansing, MI on our real estate platform. These investment opportunities span a total of 11,450 square feet of properties for sale, with an estimated market value of $2,085,000.

    Sale prices for retail strips in Lansing, MI start at $935,000, averaging $1,042,500, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 29
    Storefront properties 16
    Automotive properties 13
    Auto shops 10
    Banks 8

    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
    48911 $1M

    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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