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Investment Opportunity – Edgewood Commons Retail Center – 815 W Edgewood Blvd, Lansing
For sale: a well-established neighborhood retail center totaling approximately 13,900 sq ft, located in a high-traffic South Lansing corridor with strong visibility and easy access off Cedar Street. This multi-tenant property is nearly fully leased, with stable income from existing tenants occupying the majority of the suites. The standout feature is the 9,100 sq ft former Dollar General space (previously a high-volume retail anchor), which remains vacant and offers tremendous potential for an owner-user. Ideal for an owner-occupied grocery store — the large, open layout with high ceilings, excellent shelving potential, and a rear overhead loading door supports efficient operations for grocery, fresh produce/meat focus, or similar neighborhood retail concepts. The current owner has conceptual plans to construct and operate a meat market in the former Dollar General space, providing a ready blueprint for a value-add grocery or specialty food retailer. This addition could significantly enhance the center's draw, increase foot traffic for all tenants, and boost overall property value in a dense residential area.
This is a rare chance to acquire a stabilized income-producing retail center with immediate upside through owner-occupancy in the prime vacant space — perfect for a grocery operator, investor seeking cash flow with redevelopment potential, or strategic buyer looking to anchor with a meat market/grocery concept.
Source: Commercial MLS, MLS#: b0906898-97e8-4efb-bbfa-6c90ac5db367
