Causeway Bay Hotel & Conference Center | 300 Rooms | Lansing MI

Highlights:

• Dual-Use Redevelopment via S-C Zoning | S-C zoning supports potential conversion to multifamily or commercial use beyond hotel operations.
• Direct I-96 Access to Downtown Lansing | The site sits directly off I-96 with 46,458 VPD, linking to downtown and regional demand drivers.
• Year 1 Pro Forma Projects $690K NOI | The pro forma projects $2.46M in room revenue and $689,877 NOI at just 30% occupancy
• 26,000 SF of Meeting and Event Space | Meeting rooms, a restaurant/bar, indoor pool, and business center support added revenue streams.
• Major Lansing Employers Within 10 Miles | MSU, GM's Lansing Grand River plant, McLaren Hospital, and the regional airport sit within 10 miles.
• Lansing Anchors a 473K-Resident MSA | Lansing serves as Michigan's capital and sits between the Detroit and Grand Rapids metro markets.

Description:

View details and diligence materials on RI Marketplace: https://rimarketplace.com/auction/3378/hospitality/lansing/mi?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october7_2026&utm_content=hospitality_3378

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Causeway Bay Hotel & Convention Center at 6820 S Cedar Street in Lansing, Michigan is a 300-room, five-story full-service hotel on ±11.52 acres. Built in 1985 and renovated in 2012, the property includes roughly 26,000 SF of meeting space, an indoor pool, restaurant/bar, and business center. The asset sits directly off I-96, which carries 46,458 vehicles per day, providing access to Downtown Lansing, Michigan State University, GM's Lansing Grand River Assembly, McLaren Greater Lansing Hospital, Hope Sports Complex, and Capital Region International Airport. S-C, Suburban Commercial zoning adds redevelopment optionality, including potential conversion to multifamily or commercial use. The Year 1 pro forma projects $2.46 million in room revenue and $689,877 in NOI at 30% occupancy, presenting significant RevPAR growth and repositioning upside through improved management and reservation strategy.