For Sale
$375,000

415 Grand River AveEast Lansing, MI 48823

East Lansing medical office building, $375,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2,890 square foot medical office building, located at 415 W Grand River Ave in East Lansing, Michigan, presents a unique investment opportunity. Built in 1939 and situated on a 0.1-acre lot, this Class B property boasts a charming and updated interior. The building features ten individual offices, four lavatory bathrooms, and on-site parking for five vehicles. Currently operating at 20% occupancy, the asking price is $375,000, translating to $129.76 per square foot. The property is zoned RM-32, offering flexibility for various medical uses. The two-story building has undergone soundproofing improvements, enhancing its functionality and appeal. Its convenient location near Michigan State University provides excellent access to a large pool of potential patients and employees. The property's long history as a professional office space speaks to its enduring value and suitability for continued use in the medical field. The Ingham County location, with its address 415 W Grand River Ave, East Lansing, MI 48823, ensures easy access to major transportation routes and local amenities. The property's APN is 33-20-01-13-237-006. Broker co-op is available.

Highlights

  • 10 private offices, 4 restrooms, & 5 onsite parking spaces.
  • Updated, charming office buildout with soundproofing.
  • Zoned RM-32, near MSU.

Property Details for 415 Grand River Ave

Property type
Office properties, Medical offices
Square Feet
2,890 SF
Class
B
Year Built
1939
Buildings
1
Stories
2
Lot Size (sq. ft)
4,356 SF

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.736860021761
Longitude
-84.489883973486
415 Grand River Ave, East Lansing, Michigan

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415 Grand River Ave
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