

Land for Redevelopment Corner of Waverly & Otis in Lansing
Land | 1.34 acres
Marketing description
Discover an exceptional 1.34-acre corner parcel at the high-visibility intersection of S Waverly Road and Otis Street, located at 302 S Waverly Rd, Lansing, MI 48917, in desirable Delta Charter Township. This strategically positioned site offers excellent exposure along a busy thoroughfare with easy access to I-496 and proximity to Lansing's growing commercial corridors. Currently improved with an existing two-story office building (approximately 7,000+ sq ft, built 1965/renovated 2005), the structure is considered a tear-down and offers no functional value—presenting a blank canvas for your vision. The site is cleared and ready for new construction or redevelopment. Zoned Office (O), the property benefits from Delta Charter Township's flexible approach to land use. A special use permit can allow for a variety of high-demand commercial ventures, including:
Banks with drive-through facilities
Restaurants (sit-down/dine-in, no drive-through)
Pharmacies
Personal services (salons, spas, dry cleaners, etc.)
This versatility makes the parcel ideal for retail, financial services, healthcare-related uses, or professional/personal service businesses seeking prominent corner exposure in a high-traffic area.
Whether you're an investor, developer, or end-user looking to establish a standout presence in Delta Township, this parcel represents a rare opportunity in a proven commercial node. Tear down the existing structure and bring your concept to life.
Prime corner location with dual frontage for maximum visibility and signage potential
1.34 acres of prime developable land
High-traffic area near residential neighborhoods, businesses, and major roadways
Zoning flexibility via special use permit for expanded commercial opportunities
Utilities available at site
Minutes from Lansing metro amenities, shopping, and employment centers
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