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329-337 S Washington Square # 329-337 Lansing, MI $ 1,950,000
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329-337 S Washington Square # 329-337
$ 1,950,000
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329-337 S Washington Square # 329-337

Lansing, MI, 48933
$ 1,950,000
Bedrooms-- Baths-- Sq 18,700

Monthly Estimate*

$ 12,006

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Commercial Property for sale in Lansing, MI

for $1,950,000. This 18,700 square foot building was built in 1887 on a lot size of 0.08.

3 location/longterm lease anchor tenant Prime Downtown Lansing mixed-use asset Hard corner visibility on S. Washington Square 9 residential apartment units 2 commercial tenants Updated HVAC and roof coating 2,800 SF of unrented basement storage space

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 2

Style

RealEstateOnly

Lot Size

0.08

Year Built

1887

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20251062204
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1887
Unit Number 329-337
Property Subtype RealEstateOnly
Current Use Commercial
Business Type Apartments Mixed Retail
County Ingham
Net Operating Income 167581.0
Operating Expense 102418.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ORIGINAL OF LANSING
Garage Y/N N
Status Active
Directions On right corner os S Washington and E Kalamazoo
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Commercial
Number Of Units Total 11
MLS Area Area11012Lansing
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 11
Land Lease Y/N N
Tax Annual Amount 2.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 158361
Expected Active Date 2025-12-31
Legal Description S 1/3 LOT 8 BLOCK 129 ORIG PLAT
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Exterior
Water Source Other
Foundation Details Basement Block
Spa N
Building Area Total 3058.0
Lot Dimensions 10 x 10 x 10
Lot Size Acres 0.08
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 18700.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 329
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* Excluded Features
List By
Cameron Hansson

Listing Agent

New Era Real Estate Llc

Broker

(248) 686-4166

Phone

Affordability Calculator

$12,007
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$0
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
848538 Elementary School
848373 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/1/2026$1,950,000 Listed Price

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329-337 S Washington Square # 329-337, Lansing, MI, 48933 is a Commercial Property for sale at $1,950,000 with 18,700 sqft and a lot size of 0.08. 329-337 S Washington Square # 329-337 was built in 1887. The property's zip code is 48933 which is in Lansing, MI

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