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    507 1/2 E Grand Riv Ave Unit, Unit 2ND East Lansing, MI 48823

    For Lease
    $10 SF/Yr ($8,891 /Mo)

    COMMERCIAL - East Lansing, MI

    Property size:
    10,670 SF
    Days on Market:
    159
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 507 1/2 E Grand Riv Ave Unit

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    33-20-02-18-168-010
    Size
    10,670 SF

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    2
    Building materials
    Brick, Block

    Musselman Realty (517) 332-3582 [email protected]

    Listing agent David Ledebuhr (517) 332-3582 License #6502109685

    Listing date Jun 30, 2025

    Copyright © 2025 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.

    Overview

    East Lansing Office Space Available

    Available for lease is office space situated directly across from the Michigan State University campus. Located on the second floor, the space offers an affordable leasing option. The property offers flexibility in configuration, with the possibility of dividing the space to suit tenant needs. Individual offices are available, and various combinations can be arranged. The lease is structured as a gross lease, encompassing all costs, including utilities. The property contains 10,670 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.478051
    Latitude
    42.733956

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    FAQs

    What type of property is this?
    Office space - Affordable office space directly across from MSU campus for rent.
    Where is this office space located?
    The property is located at 507 1/2 E Grand Riv Ave Unit, Unit 2ND East Lansing, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Directly across from MSU campus; - Very affordable office space; - Gross Lease, all costs including utilities included
    (517) 332-3582
    Request Owner's contact information
    507 1/2 E Grand Riv Ave Unit, Unit 2ND East Lansing, MI 48823
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 1/2 E Grand Riv Ave Unit, Unit 2ND East Lansing, MI 48823
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