MI
Ingham
Lansing
48912
906 & 911 Shiawassee Street
906 & 911 Shiawassee Street, Lansing, MI 48912
Listing Type
Commercial/Industrial
Listing Status
active
11
$2,019,000

Home Details for 906 & 911 Shiawassee Street

Price
$2,019,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
11178
Year built
1966
Lot size acres
27144
County
Ingham
Garage
Basement
Full
Days on site
121
MLS Listing#
284509
Listing Courtesy: Apex Appraisal Company LLC - 517-487-0611
Property Description

This project features two buildings across the street from each other, situated between the UM/Sparrow Campus and Neogen. At 906 E Shiawassee, there are 22 units, including 16 spacious one-bedroom, one-bath apartments and six two-bedroom, one-bath apartments. Meanwhile, 911 E Shiawassee holds eight units, comprising seven one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment. Currently, both buildings on E Shiawassee maintain a 100% physical occupancy and have consistently performed above market expectations for several years. Beyond occupancy, the property stands out for achieving improved rents on both renewals and new leases, despite current rents being significantly below market. E Shiawassee is a well-positioned asset near downtown Lansing, ready for new ownership with a value-add approach. Landlord pays water, sewer and heat. Tenant pays electric.

Property Features
  • Parking
    • Asphalt
    • Off Street
    • Parking Lot
  • Heating Information
    • Baseboard
    • Hot Water
  • Cooling Information
    • Wall Unit(s)
  • Water Features
    • Public
  • Basement
    • Full
. Presented by: Benjamin Parker
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Lansing Association of REALTORS®. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Greater Lansing Association of Realtors.
EXIT REALTY ADVANTAGE
624 S Cedar Street Suite 500, Mason, MI 48854
Office
517 604 6920
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