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29709484
29709485

2 Locations For Sale

OB
MI 6501465213
Colliers - Grand Rapids, Michigan
SO
MI 6502358107
Colliers - Grand Rapids, Michigan
BK
MI 6501447231
Colliers - Grand Rapids, Michigan
CB
MI 6502114423
Colliers - Grand Rapids, Michigan
Listed by Colliers - Grand Rapids, Michigan
$1,400,000
157 days on market
Updated 52 days ago
Opportunity zone

St Joseph St & S Walnut St Premium Redevelopment Opportunity

Details
APN 33-01-01-16-382-004, 33-01-01-16-379-003
Property Type Land, Multifamily
Sub Type Apartment Building, Student Housing
Acreage 1.770
Zoning DT-3

Premium Redevelopment Opportunity | Downtown Lansing

Marketing description

This 1.77-acre assembled portfolio represents a premier redevelopment flagship in the heart of Lansing’s core. Strategically zoned DT-3, the site is optimized for high-density residential or mixed-use projects, situated less than a half-mile from the Michigan State Capitol.

Notably, the site qualifies as a Brownfield, offering incentives for developers. The location is anchored by a proven track record of successful high-density neighbors, including Fountain Place (108 units), REO Town Apartments (112 units), and the luxury lofts at The Arbaugh.

Investment highlights

With exceptional visibility and accessibility, the site boasts extensive frontage:
- W. Saint Joseph St: 330' frontage (1,807 ADT)
- S. Walnut St: 275' frontage (5,709 ADT)
- W. Hillsdale St: 230' frontage

This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub.

Listing Contacts

OB
MI 6501465213
Colliers - Grand Rapids, Michigan
SO
MI 6502358107
Colliers - Grand Rapids, Michigan
BK
MI 6501447231
Colliers - Grand Rapids, Michigan
CB
MI 6502114423
Colliers - Grand Rapids, Michigan
Listed by Colliers - Grand Rapids, Michigan

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Additional Information

Name
Owen Biergans
License
6501465213
Brokerage
Colliers
Brokerage Phone
5178997555
Title
Associate Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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