1550 Watertower Pl
1550 Watertower Pl, East Lansing, MI 48823
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. Excellent space for professional office users or medical office; large office spaces could be converted to general office fairly easily. 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
Attachments
For Sale
Secondary Uses: Office Building
- Sale Price
- $850,000
- Price Per SF
- $122.92/SF
- Building Size
- 6,915 SF
- Lot Size
- 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
- Nearest Interstate
- I-69 - 2.4 mi
- Nearest Hwy
- US-127 - 0.6 mi
- County
- Ingham
- Available
- 03/01/2026
- Listed
- 03/30/2026
- Updated
- 07/21/2026
- Listing ID
- 35a381dd
- Parcel APN
- 33-20-01-02-226-401