1045-1047 Grand River AveEast Lansing, MI 48823

For Sale
$589,900
Prime East Lansing location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional redevelopment opportunity encompasses two buildings totaling 3,179 square feet situated on a 0.184-acre lot in East Lansing, Michigan. Located at 1045-1047 E. Grand River, this high-profile site is a mere four-minute walk from Michigan State University, placing it within East Lansing's most active retail area. The property, built in 1941 and renovated in 1968, features a Class C designation and boasts B2 zoning, permitting retail sales businesses. With two single-story buildings, the property presents significant potential for various uses, including medical offices and retail spaces. The site benefits from the proximity to Michigan State University's substantial student population (over 63,000 students in 27 residence halls) and its 12,000+ employees, along with the 48,000 residents of East Lansing, creating a robust and consistent demand for retail and service businesses. The property's APN is 33-20-02-18-405-009 & 33-20-02-18-405-010. The asking price for this prime redevelopment opportunity is $589,900. This presents a unique chance to capitalize on a thriving market and create a successful venture in a highly desirable location.

Highlights

  • Exceptional redevelopment opportunity: Two buildings totaling 3,179 square feet on a 0.18-acre lot in East Lansing, MI.
  • High-profile location: Four-minute walk from Michigan State University, in East Lansing's active retail area.
  • Property details: Two single-story buildings (1941 construction, 1968 renovation), Class C, B2 zoning (retail permitted).
  • Strong demand: Excellent location near MSU's 63,000+ students, 12,000+ employees, and 48,000 East Lansing residents.
  • Asking price: $589,900. APN: 33-20-02-18-405-009 & 33-20-02-18-405-010.

Property Details for 1045-1047 Grand River Ave

Property type
Retail properties, Office properties
Square Feet
3,179 SF
Class
C
Year Built/Renovated
1941/1968
Buildings
2
Stories
1
Lot Size (sq. ft)
8,015 SF

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7316476
Longitude
-84.4699152
1045-1047 Grand River Ave, East Lansing, Michigan

FAQs

What type of property is this?
Retail property - Prime East Lansing location, high traffic.
Where is the retail property located?
The property is located at 1045-1047 Grand River Ave East Lansing, MI.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Exceptional redevelopment opportunity: Two buildings totaling 3,179 square feet on a 0.18-acre lot in East Lansing, MI.; High-profile location: Four-minute walk from Michigan State University, in East Lansing's active retail area.; Property details: Two single-story buildings (1941 construction, 1968 renovation), Class C, B2 zoning (retail permitted).
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1045-1047 Grand River Ave
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