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Remodeled Diner with Garage
For Sale
$399,000
Pending

516 E Grand River Avenue, Lansing, MI 48906

Spacious, remodeled diner with parking and a three-car garage.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market608

Property Features for 516 E Grand River Avenue

General Information

Standard status Pending
Lot size 0.20 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $3,534

Building Details

Year Built 1928
Listing Agency: NextHome Property Mart
Listed By: Jennifer L Saxton · License #20336
Source: Exitrealty
Added: Dec 11, 2024 Changed: Aug 8 Last Checked: Aug 11 at 6:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Property Mart

Investment Insights

Based on property information with market context.

The property features a spacious diner that was fully remodeled in 2007. The kitchen is designed for cooking. Parking is available in the front, with additional parking located in the rear. A detached three-car garage is situated at the back of the property. The property is currently operating as Old Town Diner.

Key Highlights

  • Fully remodeled restaurant/diner (2007).
  • Functional restaurant/diner building.
  • Ample parking available (front and rear).

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick Nail Salon Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Plumbing 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.

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cozy Koi Bed & Breakfast 720 Seymour Ave, Lansing, MI 48906
  • Gregory's Soul Food 2510 N Martin Luther King Jr Blvd, Lansing, MI 48906

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Spacious, remodeled diner with parking and a three-car garage.
Where is this breakfast & diner located?
The property is located at 516 E Grand River Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully remodeled restaurant/diner (2007).; Functional restaurant/diner building.; Ample parking available (front and rear).
More about this property
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