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1031 N Washington Ave
Lansing, MI 48906
Office Property For Sale
Investment Highlights
- 2,727 SF mixed-use property in the heart of Old Town Lansing
- Ground-floor office (~1,364 SF) with high ceilings and natural light
- Separate entrances, utilities, and rear access for operational flexibility
- Zoned DT-1 (Downtown 1) allowing commercial, office, residential, and live/work uses
- Upper-level 6-bedroom residential unit (~1,363 SF)
- On-site parking and prominent N. Washington Avenue frontage
Executive Summary
Mixed-use opportunity located in the heart of Old Town Lansing. This 2,727 SF property is configured with a ground-floor office suite and an upper-level residential unit, each with separate entrances. Zoned DT-1 (Downtown 1), the building permits a range of commercial, office, and residential uses, offering flexibility for both investors and owner-occupants.
The main level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-user or leasing opportunity at market rates. The office space features high ceilings, strong natural light, a half bath, kitchenette, and a flexible layout suitable for professional services or creative office use.
The upper level consists of a six-bedroom residential unit with shared kitchen and full bath. Bedrooms have previously leased individually at approximately $375 per room. One bedroom is currently leased through August. Separate utilities, rear access, and on-site parking enhance leasing flexibility.
Potential configurations include a single large office, two office suites, continued room-by-room residential rental, conversion to two residential units (with added shower/range on lower level), live/work use, or single-family conversion. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing’s most active and walkable districts.
Suitable for investors, owner-users, or adaptive reuse buyers seeking long-term flexibility in a mixed-use corridor.
The main level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-user or leasing opportunity at market rates. The office space features high ceilings, strong natural light, a half bath, kitchenette, and a flexible layout suitable for professional services or creative office use.
The upper level consists of a six-bedroom residential unit with shared kitchen and full bath. Bedrooms have previously leased individually at approximately $375 per room. One bedroom is currently leased through August. Separate utilities, rear access, and on-site parking enhance leasing flexibility.
Potential configurations include a single large office, two office suites, continued room-by-room residential rental, conversion to two residential units (with added shower/range on lower level), live/work use, or single-family conversion. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing’s most active and walkable districts.
Suitable for investors, owner-users, or adaptive reuse buyers seeking long-term flexibility in a mixed-use corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,401 SF
Building Class
C
Year Built
1860
Price
$389,834 CAD
Price Per SF
$72.18 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,727 SF
Building FAR
1.03
Lot Size
0.12 AC
Zoning
DT-1 - The property is zoned DT-1 (Downtown 1), the City of Lansing’s downtown mixed-use district. T
Parking
6 Spaces (1.83 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 01-01-09-334-141 | Improvements Assessment | $65,246 CAD |
| Land Assessment | $18,466 CAD | Total Assessment | $83,712 CAD |
Property Taxes
Parcel Number
01-01-09-334-141
Land Assessment
$18,466 CAD
Improvements Assessment
$65,246 CAD
Total Assessment
$83,712 CAD
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