1315 S Waverly Road Lansing, MI $ 1,200,000
1315 S Waverly Road
$ 1,200,000
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1315 S Waverly Road

Lansing, MI, 48917
$ 1,200,000
Bedrooms-- Baths-- Sq 2,784

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Lansing, MI

for $1,200,000. This 2,784 square foot building was built in 1999 on a lot size of 1.56.

An exceptional opportunity awaits entrepreneurs and automotive professionals seeking a prime, turnkey dealership location. This well-established property sits on a spacious 1.5-acre lot and features two fully functional buildings designed to support a thriving automotive operation. Building One offers a welcoming showroom, multiple private offices, and a rear detailing shop, providing an ideal layout for sales, administration, and vehicle preparation. Building Two includes four service bays and an additional office space, currently utilized for collision repair and mechanical services, making it perfectly suited for a full-service operation. Strategically positioned for maximum visibility and accessibility, this high-traffic location ensures strong exposure and convenience for customers. Whether expanding an existing operation or launching a new venture, this property delivers the infrastructure and presence needed for a successful dealership.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 20,366

Style

RealEstateOnly

Lot Size

1.56

Year Built

1999

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20261010997

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1999
Property Subtype RealEstateOnly
Current Use Automotive Service
County Ingham
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Waverly st and W main st
City LansingCity_Ingham
Senior Community Y/N N
High School District Waverly
Zoning Description Commercial
MLS Area Area11011LansingCharterTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 20366.57
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 268200
Expected Active Date 2026-02-22
Legal Description COM @ THE W 1/4 COR SEC 19 - S 0DEG 14'25 E ON W SEC LN 279.48 FT - N89DEG45'35 E 70 FT TO THE P.O.B. - CON'T N 89DEG45'35 E 395.16 FT TO N'LY R/W LN G.T.W.RR - S50DEG25'13 W ON RR R/W 171.82 FT -
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 354.30 x 382.50
Lot Size Acres 1.56
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) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2784.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1315
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* Excluded Features
List By
Mohamad Fares

Listing Agent

Elite Realty Advisors Llc

Broker

(718) 702-2188

Phone

Affordability Calculator

$9,086
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,697
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
3298287 Elementary School
3298286 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2026$1,200,000 Listed Price

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1315 S Waverly Road, Lansing, MI, 48917 is a Commercial Property for sale at $1,200,000 with 2,784 sqft and a lot size of 1.56. 1315 S Waverly Road was built in 1999. The property's zip code is 48917 which is in Lansing, MI