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302 S Waverly Rd
Lansing, MI 48917
Land For Sale · 1.34 AC

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Investment Highlights

  • Prime corner location with dual frontage for maximum visibility and signage potential
  • High-traffic area near residential neighborhoods, businesses, and major roadways
  • Utilities available at site
  • 1.34 acres of prime developable land
  • Zoning flexibility via special use permit for expanded commercial opportunities
  • Minutes from Lansing metro amenities, shopping, and employment centers

Executive Summary

Discover an exceptional 1.34-acre corner parcel at the high-visibility intersection of S Waverly Road and Otis Street, located at 302 S Waverly Rd, Lansing, MI 48917, in desirable Delta Charter Township. This strategically positioned site offers excellent exposure along a busy thoroughfare with easy access to I-496 and proximity to Lansing's growing commercial corridors. Currently improved with an existing two-story office building (approximately 7,000+ sq ft, built 1965/renovated 2005), the structure is considered a tear-down and offers no functional value—presenting a blank canvas for your vision. The site is cleared and ready for new construction or redevelopment. Zoned Office (O), the property benefits from Delta Charter Township's flexible approach to land use. A special use permit can allow for a variety of high-demand commercial ventures, including:
Banks with drive-through facilities
Restaurants (sit-down/dine-in, no drive-through)
Pharmacies
Personal services (salons, spas, dry cleaners, etc.)
This versatility makes the parcel ideal for retail, financial services, healthcare-related uses, or professional/personal service businesses seeking prominent corner exposure in a high-traffic area.
Whether you're an investor, developer, or end-user looking to establish a standout presence in Delta Township, this parcel represents a rare opportunity in a proven commercial node. Tear down the existing structure and bring your concept to life.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.34 AC
Zoning NONE

1 Lot Available

Lot

Price $540,174 CAD
Price Per AC $403,115.18 CAD
Lot Size 1.34 AC

Property Taxes

Property Taxes

Parcel Number
040-043-600-391-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$128,776 CAD
  • Listing ID: 39573913

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 302 S Waverly Rd, Lansing, MI 48917

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