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    551-555 E Grand River Ave East Lansing, MI 48823

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    For Lease
    $19 SF/Yr ($8,953 /Mo)

    Restaurant/retail space in downtown East Lansing near MSU campus.

    Property size:
    5,510 SF
    Lot size:
    0.50 Acres

    Property Features for 551-555 E Grand River Ave

    General Information

    Size
    5,510 SF
    Lot size
    0.50 Acres

    Source: Signature Associates Agent Marvin Petrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Lansing Retail/Restaurant Space

    This 5510-square-foot space, formerly occupied by Moosejaw and currently by Poke Fresh Restaurant, is located in downtown East Lansing, directly across from the main Michigan State University campus at the Collingwood entrance. The property is situated along a busy Grand River Avenue corridor, surrounded by several national retailers. It includes a limited amount of Furniture, Fixtures, and Equipment (FF&E), including a hold system. The space is suitable for retail, medical, office, service, or food-related businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.492325
    Latitude
    42.737336

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/retail space in downtown East Lansing near MSU campus.
    Where is this restaurant located?
    The property is located at 551-555 E Grand River Ave East Lansing, MI.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown East Lansing location directly across from MSU main campus.; - High-traffic Grand River Avenue corridor with surrounding national retailers.; - Suitable for various uses: retail, medical, office, services, or food.
    (248) 505-4400
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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
    551-555 E Grand River Ave East Lansing, MI 48823
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