State-of-the-Art, 11,200 SF Building in Downtown Lansing, Only 5-minute walk to Sate Capitol.

332 Townsend St Lansing, MI 48933

332 Townsend St , Lansing, MI, 48933
332 Townsend St , Lansing, MI, 48933 332 Townsend St , Lansing, MI, 48933 332 Townsend St , Lansing, MI, 48933 332 Townsend St , Lansing, MI, 48933 332 Townsend St , Lansing, MI, 48933
FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jul 21, 2025

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SALE PRICE: $1,600,000. LEASE RATE: $22.00 PSF/YR (+Utlities & Janitorial) Downtown Headquarters Site withPrivate Parking The single tenant, two-story structure, features a garden-level first floor. The first level spans approximately 6,700 SF, while the lower level encompasses around 4,500 SF. The first floor houses office space, and the lower level offers a large meeting and reception area. The building boasts above-average finishes throughout, including a welcoming reception area at the front entry. The property is meticulously maintained, with no deferred maintenance, regular inspections, and well-kept grounds and landscaping.

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Map of 332 Townsend St , Lansing, MI, 48933

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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.