Active
Sale
Retail

1601-1715 W Mount Hope Ave

1601-1715 W Mount Hope Ave, Lansing, MI 48910
Building Size
37,000 SF
Lot Size
3.501 ac
County
Ingham
Listed
10/14/2025
Updated
10/14/2025
1601-1715 W Mount Hope Ave
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Overview

•            Value-Add Opportunity via Lease-Up: With approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites, significant upside exists through backfilling

                anchor and small shop spaces

•            Low Operating Expenses: Operating costs are efficiently managed at $95,340 annually, equating to ~$1.94/SF, producing a strong potential for growth through occupancy stabilization

•            Prime Neighborhood Location: The Center is situated on W Mount Hope Avenue, a dense residential corridor in Lansing, with great visibility, accessibility, and positioning; ideal for         

                attracting essential service, medical, and neighborhood retail tenants

•            Proven National Tenant Draw: Historical occupancy by brands such as Family Dollar, Rite Aid, PNC Bank, and Spartan Nash underscores the site’s credibility and positioning for future

                national or regional tenants seeking Lansing presence

Additional Information

City
Lansing
State
MI
Zip Code
48910
Zoning
MX-1
Zoning Desc.
Neighborhood Mixed Use Center
Up For Auction
Yes
Building Name
Colonial Village Shopping Center
Parcel APN
33-01-01-29-126-004
Listing ID
c95ac263

Parcel & Location