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St Joseph St & S Walnut St Redevelopment

320 W St Joseph St, 611 S Walnut St, Lansing, MI 48933

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Overview

This 1.77-acre assembled portfolio represents a premier redevelopment flagship in the heart of Lansing’s core. Strategically zoned DT-3, the site is optimized for high-density residential or mixed-use projects, situated less than a half-mile from the Michigan State Capitol.Notably, the site qualifies as a Brownfield, offering incentives for developers. The location is anchored by a proven track record of successful high-density neighbors, including Fountain Place (108 units), REO Town Apartments (112 units), and the luxury lofts at The Arbaugh.This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub.

The site boasts extensive exceptional visibility and accessibility:

  • W. Saint Joseph St: 330' frontage (1,807 ADT)
  • S. Walnut St: 275' frontage (5,709 ADT)
  • W. Hillsdale St: 230' frontage

For Sale

Multifamily

Secondary Uses: Mid Rise, Mixed Use, Student Housing

Sale Price
$1,400,000
Price Per SF
$75.7/SF
Building Size
18,494 SF
Acres
1.77 ac
Is Vacant
Yes
Zoning
DT-3
Zoning Desc.
Urban Edge
# of Buildings
4
Parking Type
Surface
Tax ID Number
33-01-01-16-382-004, 33-01-01-16-379-003
Property Use Type
Investment
Property Status
Existing
Lot Frontage
330 ft
Lot Size
275' deep
In Opportunity Zone
Yes
Planned Development
Yes
County
Ingham
Available
02/12/2026
Listed
02/12/2026
Updated
02/23/2026
Listing ID
b031bb80
Parcel APN
33-01-01-16-382-004
Additional Parcel APNs

33-01-01-16-382-005