Active
Sale
Office
Office Building

1550 Watertower Pl

1550 Watertower Pl, East Lansing, MI 48823

For Sale

$695,000

$100.51/SF

Building Size
6,915 SF
Lot Size
0.252 ac
County
Ingham
DOM
232
Listed
03/01/2026
Updated
09/24/2026
1550 Watertower Pl
1 / 14

Overview

PRICE REDUCED!

The property is located on a 0.26-acre lot, features a 6,915 SF office/condo space within the 11,984 SF building.  Current tenant will be vacating the space January 2027.  Excellent space for professional office users or medical office; large office spaces could easily be converted to general office. 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

  • Taxes: 2026 Summer $23,375 / 2025 Winter $3,394
  • 2026 SEV and Taxable Value: $404,000

Additional Information

City
East Lansing
County
Ingham
State
MI
Zip Code
48823
Latitude
42.766966
Longitude
-84.5048509
Secondary Uses
Office Building
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
Nearest Interstate
I-69 - 2.4 mi
Nearest Hwy
US-127 - 0.6 mi
Parcel APN
33-20-01-02-226-401
Listing ID
35a381dd

Parcel & Location