This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

227-229 S Washington Sq

8,900 SF 53% Leased Retail Building Lansing, MI 48933 $650,000 ($73/SF)

Investment Highlights

  • Heavy foot traffic
  • All Equipment stays
  • Office and Restaurant Space

Executive Summary

Welcome to 227/229 S Washington Square Lansing, MI 48933! Enjoy this renovated prime downtown commercial real estate. The upper level features large windows overlooking the downtown area, 11 total offices, men and women's bathrooms, kitchen area, and spacious conference room. The lower level is set up for a restaurant and offers tons of seating, a beautiful bar area, dance floor, 2 sets of his and hers bathrooms as well as a huge kitchen. (All equipment stays) As well as a full basement with commercial grade walk in refrigerators and tons of storage!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,900 SF
Building Class
C
Year Built
2006
Price
$650,000
Price Per SF
$73
Percent Leased
53%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
G-1 - 201 COMMERCIAL-IMPROVED
Frontage
42 FT on S Washington Sq

Amenities

  • Corner Lot
  • Restaurant
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
BIGGBY Coffee
PNC Bank
Blimpie
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-01-16-404-081
  • 01-01-16-404-071
Land Assessment
$25,400
Improvements Assessment
$376,200
Total Assessment
$401,600
  • Listing ID: 28530092

  • Date on Market: 5/19/2023

  • Last Updated:

  • Address: 227-229 S Washington Sq, Lansing, MI 48933

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}