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Retail Development Site with Three Curb Cuts
For Sale
Under Contract
$2,950,000

1930 W Grand River Avenue, Okemos, MI 48864

COMMERCIAL - Okemos, MI

Property Size44,122 SF
Lot Size1.12 Acres
Price / SF$66.86
Days on Market513

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 Carpet, Vinyl
Building materials Block
Roof type Shingle, Metal
Listing Agency: Musselman Realty Company
Listed By: David Ledebuhr · License #6502109685
Added: Mar 19, 2025 Changed: Aug 4 Last Checked: Aug 13 at 8:06AM
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.

Retail building and development site at 1930 W Grand River Avenue in Okemos, Michigan. The building is block construction and includes forced-air heating with central air cooling, with carpet and vinyl flooring. The roof is described as shingle and metal, and public water and public sewer are available. Parking is provided via driveway and a parking lot.

The development site is described as 2.5 acres and includes additional parcels, with three curb cuts: two on Marsh Road and one on Grand River Avenue. The property is located along Marsh and Grand River roads and is described as being close to Meridian Mall and Meijer.

For close to 30 years, the building has been leased to Verizon, and updates have been made including the roof. The current property size is listed as 44,122 SF, and it was built in 1978.

Key Highlights

  • Development site described as 2.5 acres including additional parcels
  • Three curb cuts: both Marsh Road curb cuts plus one on Grand River Avenue
  • Building leased to Verizon for close to 30 years

Property Analytics

Current Use

Retail space

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

Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building and development site with public utilities, three curb cuts on Marsh Road and Grand River Avenue, and long-term Verizon tenancy.
Where is this retail space 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: Development site described as 2.5 acres including additional parcels; Three curb cuts: both Marsh Road curb cuts plus one on Grand River Avenue; Building leased to Verizon for close to 30 years
More about this property
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