For Sale
5101 N Grand River Avenue, Lansing, MI 48906
$299,000
MLS # 26010151 (Michigan Regional Information Center (MichRIC))
1 bathBuilt 19770.87 acres
1 / 9
Listing Description
FOR SALE: Freestanding 1,380 SF former retail banking facility w/ two drive-thru lanes and an ATM lane on .87 acres located on N Grand River in Lansing. The property is zoned MX-C - Mixed Use Urban Corridor in the City of Lansing, making it well suited for financial, medical, or quick-service users. Positioned just blocks from Capital Region International Airport in a mature commercial corridor with convenient access to I-96 and minutes from downtown Lansing. Contact Jodi Milks, CCIM, NAI Wisinski of West Michigan, at (269) 207-1040 or via email at [email protected] for additional information.
Source: SparkMLS
About this home
1-bath home in Lansing in Lansing built in 1977.
Currently offered at $299,000.
Estimated annual property tax: $12,345, or about $1,029 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms1
Lot Size0.87 acres
Year Built1977
Location
CityLansing
MunicipalityLansing City
Zip Code48906
CountyIngham
School DistrictLansing
Construction & Systems
ConstructionBrick
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
InteriorBroadband
Sale & Financing
Listed3/16/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$12,345
Tax Year2025
State Equalized Value$174,300
Taxable Value$153,838
Assessed Value$153,838
Parcel #33-01-01-06-104-070
Source: Public Records
Legal Description
LOT 1 BARDAVILLE PLAZA
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jodi K Milks
NAI Wisinski of West Michigan
Frequently Asked Questions about 5101 N Grand River Avenue, Lansing, MI 48906
Which school district serves 5101 N Grand River Avenue, Lansing, MI 48906?
Per MLS# 26010151, 5101 N Grand River Avenue, Lansing, MI 48906 is in the Lansing boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lansing directly to confirm enrollment eligibility.
What financing options are available for 5101 N Grand River Avenue, Lansing, MI 48906?
Per MLS# 26010151, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5101 N Grand River Avenue, Lansing, MI 48906?
Per public tax records, annual property taxes for this property are $12,345 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5101 N Grand River Avenue, Lansing, MI 48906 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5101 N Grand River Avenue, Lansing, MI 48906 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 5101 N Grand River Avenue, Lansing, MI 48906?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Lansing City police department or the Ingham County sheriff's office.
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Monthly payment$1,939
Principal & interest$1,939
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5101 N Grand River Avenue, Lansing, MI 48906
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Lansing
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