Historic Temple Building-Heart of Downtown Lansing

Office for Sale
Catylist Listing ID: 30803434
Property Subtypes: Office Building
Building Size (RSF): 109,826 SF
Sale Price: $3,500,000
Unit Price: $31.87 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2022

Overview / Comments

A stunning example of the Classical Revival style of architecture, this former Masonic Temple building was built in 1924 and is listed on the National Register of Historic Places.

Located in Lansing’s Central Business District, only one block south of the state
capitol building, the building has been exceptionally well-maintained in key areas
important to a user or investor. The fire suppression system, ceiling tiles, air ducts and ventilation, windows, lighting and the abundant audio/visual equipment have been upgraded to contemporary standards and are in good repair. Superior carpet and tile have been installed in many locations.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-16-328-021

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,948 106,654 200,633
Median Age: 30.93 33.32 32.78
Households: 7,945 45,059 79,805
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