1005 Charlevoix DrGrand Ledge, MI 48837

Property Details for 1005 Charlevoix Dr

Year built

1997

Lot size

1.39 AC

Property size (Sq ft)

14,590 SF

Zone code

B-1

Property type

Office buildings

APN

400 063 605 004 02

APU

40006360500402

Description

This newly renovated 1,202 square foot office suite, located at 1005 Charlevoix Drive in Grand Ledge, Michigan, presents a fantastic opportunity for a business seeking a modern and efficient workspace. Situated in a Class B building constructed in 1997, this single-tenant space boasts a prime location within a 14,590 square foot building, offering ample parking with approximately 64 designated spaces. The suite features two private offices, open office space, a private restroom, and a break room, providing a functional layout for various business needs. Its convenient location offers excellent visibility and accessibility, being close to the Saginaw Highway/M-100 intersection, and within five minutes of Meijer, numerous restaurants, and downtown Grand Ledge. The property sits on a 1.39-acre lot and is zoned B-1 Office. The suite benefits from good window exposure and is adjacent to several medical offices, including University of Michigan Health - Sparrow and McLaren Greater Lansing, making it an attractive location for businesses in related fields. Remodeling or redecorating options are available to customize the space to meet specific requirements. The building offers convenient, lighted, and free doorstep parking. This is a rare opportunity to secure a well-appointed office space in a thriving Grand Ledge location. The property's APN is 400-063-605-004-02.

• CAP approach

  CAP return

  Valuation

  6%

  $912,720

  6.5%

  $842,511

  7%

  $782,332

• Comparable approach

  Method

  Valuation

  Relative Method

  $287,277

  Geo Method

  $287,277

• Alternative Use

  Use

  Valuation

  Residential

  $1,044,714

  Hospitality

  $956,952

  Educational

  $796,173

  Medical

  $823,555

  Retail

  $1,238,492

Location Insight

City

Grand Ledge

County

Eaton

State

Michigan

Latitude

42.7423

Longitude

-84.7332

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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