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1550 Watertower Pl

1550 Watertower Pl, East Lansing, MI 48823

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Overview

The property is located on a 0.26-acre lot, features a 6,915 SF office/condo space within the 11,984 SF building.  The facility was built in 2008.  Space currently occupied by The Cancer & Hematology Center/Red Cedar Oncology (vacating soon).  Neighboring tenant: Hall Matson Garver Thomas Law Offices.  The build-out features (12) exam rooms with sinks, numerous medical amenities, many other specialty rooms, and is suitable for 17 staff members.  The space is in very good condition and shows well.

  • There are multiple points of ingress / egress from West Road and Coolidge Road, with parking for ±75 Vehicles.
  • Location: 0.6 Miles NW of US-127, 2.4 Miles NE of US-127 and Business 69 Interchange, and 1.1 Miles from Eastwood Towne Center
  • Traffic: Moderate (9,591 VPD) in the Immediate Area; Increases to 25,631 VPD on W Lake Lansing Road
  • 2025 SEV and Taxable Value: $359,400
  • 2025 Taxes: $26,023

For Sale

Office

Secondary Uses: Medical, Office Building

Sale Price
$1,200,000
Price Per SF
$173.5/SF
Building Size
6,915 SF
Acres
0.252 ac
Is Vacant
Yes
Zoning
B-4
Zoning Desc.
Business
Former Tenant
Red Cedar Oncology
Year Built
2008
Parking Spaces
75
Tax ID Number
33-20-01-02-226-401
Property Use Type
Vacant/Owner-User
Property Status
Existing
County
Ingham
Available
03/01/2026
Listed
03/30/2026
Updated
04/06/2026
Listing ID
35a381dd
Parcel APN
33-20-01-02-226-401