1031 N. Washington Ave. Lansing, MI
Mixed Use | 2,727 SqFt
Marketing description
Mixed-use opportunity located in the heart of Old Town Lansing. This 2,727 SF property is configured with a ground-floor office suite and an upper-level residential unit, each with separate entrances. Zoned DT-1 (Downtown 1), the building permits a range of commercial, office, and residential uses, offering flexibility for both investors and owner-occupants.
The main level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-user or leasing opportunity at market rates. The office space features high ceilings, strong natural light, a half bath, kitchenette, and a flexible layout suitable for professional services or creative office use.
The upper level consists of a six-bedroom residential unit with shared kitchen and full bath. Bedrooms have previously leased individually at approximately $375 per room. One bedroom is currently leased through August. Separate utilities, rear access, and on-site parking enhance leasing flexibility.
Potential configurations include a single large office, two office suites, continued room-by-room residential rental, conversion to two residential units (with added shower/range on lower level), live/work use, or single-family conversion. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing’s most active and walkable districts.
Suitable for investors, owner-users, or adaptive reuse buyers seeking long-term flexibility in a mixed-use corridor.
Investment highlights
• 2,727 SF mixed-use property in the heart of Old Town Lansing
• Zoned DT-1 (Downtown 1) allowing commercial, office, residential, and live/work uses
• Ground-floor office (~1,364 SF) with high ceilings and natural light
• Upper-level 6-bedroom residential unit (~1,363 SF)
• Bedrooms previously leased at ~$375 per room (~$2,250/month potential)
• One bedroom currently leased through August providing in-place income
• Engineering firm relocating, creating near-term owner-user or leasing opportunity
• Separate entrances, utilities, and rear access for operational flexibility
• On-site parking and prominent N. Washington Avenue frontage
• Multiple repositioning paths: owner-user, multi-tenant office, continued room rental, two-unit conversion, or adaptive reuse
• Located in one of Lansing’s most walkable and active mixed-use districts
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