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  1. Commercial Properties
  2. MI
  3. East Lansing
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For Sale

Former Rite Aid

111 E Saginaw St, East Lansing, MI 48823

Lansing is the capital of the U.S. state of Michigan. It is located mainly in Ingham County, although small portions of the city extend into Eaton County. The 2010 Census places the city’s population at 114,297, making it the fifth largest city in Michigan. The population of its Metropolitan Statistical Area was 464,036, while the even larger Combined Statistical Area (CSA) population, which includes Shiawassee County was 534,684. The Lansing Metropolitan Area, colloquially called “Mid-Michigan”, is an important center for educational, cultural, governmental, commercial, and industrial functions. The area is home to two medical schools, one veterinary school, two nursing schools, two law schools (including Th omas M. Cooley and Michigan State University College of Law), a Big Ten Conference university (Michigan State), the Michigan State Capitol, the state Supreme Court and Court of Appeals, a federal court, the Library of Michigan and Historical Center, and headquarters of four national insurance companies. Lansing is the only U.S. state capital (among the 47 located in counties) that is not also a county seat. The county seat of Ingham County is Mason, but the county maintains some offices in Lansing. The Grand River, the largest river in Michigan, flows through downtown Lansing; and the Red Cedar River, a tributary of the Grand, flows through the campus at Michigan State University. There are two lakes in the area, Park Lake and Lake Lansing, both northeast of the city. Lake Lansing is approximately 500 acres in size and is a summer favorite for swimmers, boaters, and fishermen. Michigan State University Sailing Club and the Lansing Sailing Club are located on Lake Lansing, where sailing regattas are hosted throughout the summer.Introducing a prime investment opportunity in the heart of East Lansing, MI! This exceptional 14,564 SF free-standing building, constructed in 2007, offers a contemporary space tailored for retail and commercial use. With an attractive modern design, ample space for signage, and high visibility, this property is perfectly positioned for businesses seeking a strategic location to thrive. Boasting versatile floor plans and a prime corner location, this property is ideally suited for discerning investors looking to capitalize on the dynamic East Lansing market. Don't miss out on the chance to acquire this impressive commercial asset.

Key features

  • 14,564 SF modern free-standing building | Constructed in 2007
  • Ample space for signage
  • Average Household Income exceeds $94,938 within a mile
  • Contemporary and attractive design
  • High visibility for retail presence
  • Ideal for retail and commercial use
  • Located in the dynamic East Lansing area
  • Prime corner location
  • Strategic investment opportunity
  • Total Population within 5 miles is in excess of 151,350 People
  • Versatile floor plan
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Joe Lopez

Encore Real Estate Investment Services

Building Details

  • For Sale Subject To Offer
  • Property Type Retail - Freestanding
  • Property Size 14,564 SF
  • Lot Size 2.14 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2007
  • Date Updated May 17, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (50)
  • Bike Score ®

    Very Bikeable (71)
Powered by Walk Score ®

Location

  • City East Lansing, MI
  • Zip Code 48823
  • Market Detroit
  • Map
  • Street

Points of Interest

Eaton

0.29 miles

Speedway

0.80 miles

Mobil

1.06 miles

ChargePoint

1.26 miles

Admiral Petroleum

1.36 miles

Blink

1.45 miles

GE

1.50 miles

Admiral

1.79 miles

Citgo

1.81 miles

Albert Avenue Garage

0.81 miles

Charles Street Garage

0.87 miles

Division Street Garage

0.91 miles

Lot 4

0.93 miles

Bailey Street Parking

0.97 miles

Grand River Avenue Ramp

0.98 miles

Lot 8

1.09 miles

Lot #11

1.19 miles

staff parking

1.20 miles

TJ Maxx

1.29 miles

Kroger

1.39 miles

Meijer

1.40 miles

Better Health Store

1.53 miles

Westlund's Apple Market

1.83 miles

Fresh International Market

1.95 miles

Fresh Thyme

1.96 miles

Swagath Indian Groceries

1.98 miles

Whole Foods Market

2.02 miles

111 E Saginaw St Listing Summary

  • What is the asking price at Former Rite Aid?

    The asking price for Former Rite Aid is currently available on demand. Contact the listing broker for details.

  • What is the total size of Former Rite Aid?

    Former Rite Aid has a total of 14,564 square feet.

  • What is the year built for Former Rite Aid?

    The year built for Former Rite Aid is 2007.

Contact Listing Broker
broker
Joe Lopez

Encore Real Estate Investment Services

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