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827 W SAGINAW Street Lansing, MI $ 378,000
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$ 378,000 Get more info
827 W SAGINAW Street
$ 378,000
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827 W SAGINAW Street

Lansing, MI, 48915
$ 378,000
Bedrooms-- Baths-- Sq 2,800

Monthly Estimate*

$ 2,358

827 W SAGINAW Street, Lansing, MI 48915 - Image 1

Commercial Property for sale in Lansing, MI

for $378,000. This 2,800 square foot building was built in 1959 on a lot size of 0.1.

Investor’s dream in a prime Lansing location! This rare opportunity includes high-visibility corner property at W. Saginaw and N. Butler in a high-traffic area just blocks from the State Capitol, within a designated Brownfield Redevelopment zone and zoned C-1 for commercial/residential use. Formerly home to Shanora’s Beauty/Barber Supply for over 40 years, the building also featured Lansing’s first 2-story, 40-foot mural. Across from the new Moneyball Sportswear Headquarters and A Touch of Tint, this property is perfectly positioned in a thriving business corridor. The sale includes a mixed-use building with two separate units (upstairs residential, downstairs originally commercial and converted to an apartment includes adjacent parking lot and an additional vacant lot Updates include new landscaping, a new boiler, and a new roof. This is a versatile and high-potential investment that won’t last long!

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Commercial Active

Price

$ 378,000

Property Type

Commercial

Taxes

$ 4,683

Style

BusinessandRealEstate

Lot Size

0.1

Year Built

1959

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

20250033175
Features
General
Sewer PublicSewer
Heating HotWater NaturalGas
Possession ClosePlus31to60Days
Roof BuiltUp
Construction Materials Brick
Year Built 1959
Levels Two
Property Subtype BusinessandRealEstate
Current Use Residential Retail
County Ingham
Net Operating Income 18000.0
Operating Expense 12000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name WHITES SUB
Garage Y/N N
Status Active
Directions Head west on W Saginaw St for about 1.2 miles and 827 W Saginaw St will be on your left just past N Martin Luther King Jr Blvd.
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Commercial
MLS Area Area11012Lansing
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4683.0
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 Owner
Tax Assessed Value 66444
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2025-05-08
Legal Description W 1/2 LOT 15 WHITES SUB E OF BUTLER REC L 1 P 15
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Exterior
Water Source Public
Lot Size Area 0.1
Foundation Details Basement Poured
Spa N
Building Area Total 2800.0
Lot Dimensions 96 x 150
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Highway
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 Y
Fireplace Y/N N
Above Grade Finished Area 2800.0
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Internal Only
Street Number 1 827
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* Excluded Features
List By
Shelba Frazier

Listing Agent

Re/Max Classic

Broker

(248) 646-5000

Phone

Affordability Calculator

$2,748
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,358
Monthly Property Taxes
$390
Monthly 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
848538 Elementary School
848373 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/18/2025$378,000 -5.50% Price Down
7/2/2025$400,000 -24.53% Price Down
5/15/2025$530,000 -38.37% Price Down
5/9/2025$860,000 Listed Price

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827 W SAGINAW Street, Lansing, MI, 48915 is a Commercial Property for sale at $378,000 with 2,800 sqft and a lot size of 0.1. 827 W SAGINAW Street was built in 1959. The property's zip code is 48915 which is in Lansing, MI

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