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1031 N Washington Ave
Lansing, MI 48906
Bureau Propriété À vendre


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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
5 401 pi²
Classe d’immeuble
C
Année de construction
1860
Prix
390 367 $ CAD
Prix par pi²
72,28 $ CAD
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
2 727 pi²
Coefficient d’occupation des sols de l’immeuble
1,03
Taille du lot
0,12 AC
Zonage
DT-1 - The property is zoned DT-1 (Downtown 1), the City of Lansing’s downtown mixed-use district. T
Stationnement
6 places (1,83 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
- Affichage
Impôts fonciers
| Numéro de lot | 01-01-09-334-141 | Évaluation des bâtiments | 65 660 $ CAD |
| Évaluation du terrain | 18 583 $ CAD | Évaluation totale | 84 244 $ CAD |
Impôts fonciers
Numéro de lot
01-01-09-334-141
Évaluation du terrain
18 583 $ CAD
Évaluation des bâtiments
65 660 $ CAD
Évaluation totale
84 244 $ CAD
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