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Rebuilt Three-Story Office Building
For Sale
$2,200,000

1234 East Grand River Avenue East, Lansing, MI 48823

Standalone property with upgraded building systems, reinforced security features, and a prominent corner position near Michigan State University.

Property Size5,175 SF
Days on Market71

Property Features for 1234 East Grand River Avenue East

General Information

Standard status Active
Size 5,175 SF
Property subtype Office

Additional Details

Corner Location Yes

Amenities

custom public art installation
multi-tiered advanced security networks

Building Details

Building Size 5,175 SF
Year Renovated 2021
Buildings 1
Stories 3
Listing Agency: RE/MAX
Listed By: Matthew Wisniewski · License #6501360426
Source: Remaxcommercial
Added: Jun 23 Changed: Aug 31 Last Checked: Aug 31 at 12:36PM

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 RE/MAX

Investment Insights

Based on property information with market context.

This standalone office building comprises three functional floors and underwent a comprehensive reconstruction in 2021, including replacement of its core mechanical systems. The property was originally configured to meet the structural and compliance requirements of a high-volume dispensary, resulting in substantial security infrastructure and physical fortification that may support operations involving sensitive information or valuable assets.

Located at 1234 East Grand River Avenue in East Lansing, the building occupies a high-traffic corner directly adjacent to Michigan State University. A custom public art installation was incorporated into the redevelopment, adding a distinctive exterior element. The property offers a combination of modernized systems, multi-level office capacity, and security-focused improvements in a prominent university-area setting.

Key Highlights

  • Three‑floor standalone office building
  • Comprehensively rebuilt from the studs up in 2021
  • Core mechanical systems replaced during redevelopment

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Nail Salon Dental Office HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store

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

787
Businesses Nearby

Demographics for 48823, MI

51,793
Population
23,757
Households
2.2
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
2,195
Density / Sq Mi
$50,837
Median Household Income
$19,837
Median Earnings
$1,127
Median Rent
$261,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Standalone property with upgraded building systems, reinforced security features, and a prominent corner position near Michigan State University.
Where is this office building located?
The property is located at 1234 East Grand River Avenue East Lansing, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Three‑floor standalone office building; Comprehensively rebuilt from the studs up in 2021; Core mechanical systems replaced during redevelopment
More about this property
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