Professional Office Space Near Saginaw & Cedar Streets

741 N Cedar St. Lansing, MI 48906

741 N Cedar St., Lansing, MI, 48906
741 N Cedar St., Lansing, MI, 48906 741 N Cedar St., Lansing, MI, 48906
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$895,000
Cap Rate:
0.00%
Last Verified:
Dec 15, 2025

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LEASE RATE: $18.00 PSF/YR, FULL SERVICE SPACE AVAILABLE: 2nd Floor Suite: 7,565 SF PROPERTY INFORMATION: HIGH VISIBILITY OWNER-USER OPPORTUNITY NEAR SAGINAW & CEDAR A compelling opportunity for an owner-user seeking a high-profile location with built-in investment income. Located near the intersection of Saginaw and Cedar Streets, this modern two-story, 16,000 SF building features a fully leased first floor occupied by four tenants and a 7,565 SF second-floor suite available for occupancy. The property offers outstanding visibility and convenient access to Lansing’s primary business corridors, including Downtown and the Capitol area. The second-floor space is predominantly open and designed for flexibility, with expansive windows that fill the suite with natural light—ideal for a variety of professional uses. The site includes up to 70 parking spaces along with excellent building and monument signage opportunities. The second-floor suite is also available for lease, and a rent roll is available upon request.

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Map of 741 N Cedar St., Lansing, MI, 48906

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.