400 S Waverly Road Lansing, MI ^$ 159,900

400 S Waverly Road

^$ 159,900

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400 S Waverly Road

Lansing, MI, 48917

^$ 159,900

Bedrooms-- Baths2.0 Sq 1,664

Monthly Estimate*

^$ 998

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400 S Waverly Road, Lansing, MI 48917 - Image 10

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400 S Waverly Road, Lansing, MI 48917 - Image 12

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Commercial Property for sale in Lansing, MI

for $159,900 with 2 full baths. This 1,664 square foot building was built in 1954 on a lot size of 0.14.

Very nice property with 3 bathrooms and a fully remodeled lower level. You'll find a fully equipped kitchen in the basement with appliances included. The new vinyl plank flooring adds a modern touch, while the full bathroom, laundry hookups, and a separate office room make this space as functional as it is stylish. Enjoy peace of mind with recent updates, including a newer roof (2019) and newer siding. Whether you're looking for an office, business, or an investment opportunity, this place is packed with potential! 48 hr notice required.

Commercial Active

Price

^$ 159,900

Full Bath

Property Type

Commercial

Taxes

^$ 3,550

Style

Commercial Sale

Lot Size

0.14

Year Built

1954

Town/City

Lansing

County/Region

Eaton

MLS | Web ID

292182

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Window Unit(s)

Utilities Water Connected Water Available Sewer Connected Sewer Available Phone Available Natural Gas Connected High Speed Internet Available Electricity Connected Cable Available

Appliances Refrigerator Range Oven

Construction Materials Shingle Siding

Year Built 1954

Township Delta Charter Twp

Levels One

Property Subtype Commercial Sale

Tax Year 2024

Business Type Residential

County Eaton

New Construction N

Property Type Commercial Sale

Attached Garage N

Subdivision Name Castle Hill

Garage Y/N N

Status Active

Directions WAVERLY & W MICHIGAN AVE

City Lansing

High School District Waverly

Zoning Description Zoning

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 6098.4

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 3550.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 64400

Legal Description LOT 33 EXCEPT E 7 FT. CASTLE HILLS SUBDIVISION T4N R3W DELTA TWP

Senior Community None

Interior

Basement Finished Full Walk-Out Access

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 832.0

Laundry Features In Basement Inside Laundry Room

Entry Level 1

Total Baths 2

Exterior

Parking Features Asphalt Driveway Guest No Garage On Site Outside Parking Lot

Lot Features Few Trees Near Public Transit

Water Source Public

Total Parking 4.0

Lot Size Area 0.14

Building Area Total 1664.0

Lot Dimensions 50 X 125.0

Lot Size Acres 0.14

Waterfront Y/N N

Foundation Area 1664.0

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Gary R. Newton

Listing Agent

Re/Max Real Estate Professionals

Broker

gary@minewtonrealtygroup.com

Affordability Calculator

$1,293

Per Month

Monthly Principal & Interest: $998
Monthly Property Taxes: $296
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lansing, MI

Average List Price ^$72,441

Percent of Sale Price 55%

About Lansing, MI

33,186 Population

5% Since 2002

^$55,166 Median Income

40.33 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2075889 Elementary School

2075926 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/24/2025	$159,900		Listed Price

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400 S Waverly Road, Lansing, MI, 48917 is a Commercial Property for sale at $159,900 with 1,664 sqft and a lot size of 0.14. 400 S Waverly Road has 2.0 baths and was built in 1954. The property's zip code is 48917 which is in Lansing, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the IDX Program of The Greater Lansing Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/8/2025.

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400 S Waverly Road

Commercial Property for sale in Lansing, MI

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