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Freestanding Retail Building
For Sale
Under Contract
$2,950,000

1930 W Grand River Avenue, Okemos, MI 48864

Commercial Sale, Okemos, MI

Property Size44,122 SF
Lot Size1.12 Acres
Price / SF$66.86
Days on Market567

Property Features for 1930 W Grand River Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Zoning
Parking 54
Parking features Driveway, Parking Lot
Lot features City Lot
Elementary school district Okemos
Middle school district Okemos
High school district Okemos
Directions Just East of Marsh Rd on the north side of West Grand River Ave.
Standard status Active Under Contract
APN 33-02-02-22-153-004
Size 44,122 SF
Lot size 1.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description M22-7-2-5 COM AT W 1/4 COR OF SEC 22- S 89 DEG 07' 22'' E 115.5 FT TO PT ON CEN LINE OF MARSH RD- N 45 DEG 57' 46'' E ALONG SAID CEN LINE 726.05 FT TO PT ON CEN LINE OF GRAND RIVER AVE- S 69 DEG 28'42'' E ALONG SAID CEN LINE OF GRAND RIVER AVE 521.37 FT TO PT OF BEG- N 00 DEG 59' 04'' E 321.66 FT- S 89 DEG 00' 56'' E 140 FT- S 00 DEG 43' 50'' W 371.92 FT TO PT ON CEN LINE OF SAID GRAND RIVER AVE- N 69 DEG 28' 42'' W ALONG SAID CEN LINE 150.29 FT TO PT OF BEG, SEC 22 T4N R1W - 1.115 A M/L INCLUDI
Tax Annual Amount 31090
Legal Description M22-7-2-5 COM AT W 1/4 COR OF SEC 22- S 89 DEG 07' 22'' E 115.5 FT TO PT ON CEN LINE OF MARSH RD- N 45 DEG 57' 46'' E ALONG SAID CEN LINE 726.05 FT TO PT ON CEN LINE OF GRAND RIVER AVE- S 69 DEG 28'42'' E ALONG SAID CEN LINE OF GRAND RIVER AVE 521.37 FT TO PT OF BEG- N 00 DEG 59' 04'' E 321.66 FT- S 89 DEG 00' 56'' E 140 FT- S 00 DEG 43' 50'' W 371.92 FT TO PT ON CEN LINE OF SAID GRAND RIVER AVE- N 69 DEG 28' 42'' W ALONG SAID CEN LINE 150.29 FT TO PT OF BEG, SEC 22 T4N R1W - 1.115 A M/L INCLUDI

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

High Speed Fiber internet

Building Details

Year built 1978
Floors in Building 1
Number of units 1
Flooring type Vinyl, Carpet
Building materials Block
Roof type Metal, Shingle
Listing Agency: Musselman Realty Company
Listed By: David Ledebuhr · License #6502109685
Added: Mar 19, 2025 Changed: Oct 6 Last Checked: Oct 6 at 2:06PM
MLS# 286804

Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding retail property in Okemos includes a 44,122-square-foot building constructed in 1978. The structure features block construction, vinyl and carpet flooring, forced-air heat, central air, and a combination metal and shingle roof. Recent improvements include roof updates, while high-speed fiber internet is wired to the building. Verizon has leased the building for nearly 30 years.

The property is positioned along the Marsh Road and Grand River Avenue retail corridor, with access provided by three curb cuts from both roads. The site is near Meridian Mall and Meijer, and the surrounding roads are identified as high-traffic corridors. Public water and public sewer serve the property, with driveway and parking-lot areas included.

Key Highlights

  • 44,122‑square‑foot retail building constructed in 1978
  • Verizon has leased the building for nearly 30 years
  • Three curb cuts provide access from Marsh Road and Grand River Avenue

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Law Firm Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby
703k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 21% Groceries 20% Shops & Services 16% Superstores 16%
Target Superstores
110,402 visits/mo 0.5 miles
Meijer Groceries
108,280 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
65,099 visits/mo 0.4 miles
Chick-fil-A Dining
57,079 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
36,195 visits/mo 0.3 miles

Demographics for 48864, MI

22,804
Population
9,903
Households
2.3
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
1,135
Density / Sq Mi
$113,145
Median Household Income
$64,120
Median Earnings
$1,281
Median Rent
$358,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Kroger Floral — 4884 Marsh Rd, Okemos, MI 48864

Frequently Asked Questions

What type of property is this?
Storefront property - Established retail building near Meridian Mall and Meijer with access from Marsh Road and Grand River Avenue.
Where is this storefront property located?
The property is located at 1930 W Grand River Avenue Okemos, MI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 44,122‑square‑foot retail building constructed in 1978; Verizon has leased the building for nearly 30 years; Three curb cuts provide access from Marsh Road and Grand River Avenue
More about this property
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