Verizon-Leased Storefront
For Sale
$2,950,000
1930 W Grand River Avenue, Okemos, MI 48864
Updated retail building with fiber internet, multiple parcels, and access from two major roads.
Property Size5,394 SF
Price / SF$546.90
Days on Market530
Property Features for 1930 W Grand River Avenue
General Information
Standard status
Active
Size
5,394 SF
Taxes and HOA fees
Annual Taxes
$31,090
Listing Agency:
Musselman Realty Company
(517) 256-8700
Listed By:
David Ledebuhr · License #6502109685
(517) 256-8700
Source:
Exprealty
Added: Mar 19, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:48PM
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 Musselman Realty Company
Investment Insights
Based on property information with market context.
This 5,394-square-foot storefront property includes a building leased to Verizon for close to 30 years. Improvements include a newer roof, and high-speed fiber internet is wired to the building. The property is classified as a storefront property and includes a 2.5-acre development site spanning additional parcels.
Access is provided by three curb cuts from Marsh Road and Grand River Avenue. The site is positioned along the retail corridor in Okemos, near Meridian Mall and Meijer, with the surrounding roads identified as providing high traffic counts and visibility. The combination of an established occupant, updated building components, wired fiber service, and multi-parcel configuration supports both the existing storefront use and future development consideration.
Access is provided by three curb cuts from Marsh Road and Grand River Avenue. The site is positioned along the retail corridor in Okemos, near Meridian Mall and Meijer, with the surrounding roads identified as providing high traffic counts and visibility. The combination of an established occupant, updated building components, wired fiber service, and multi-parcel configuration supports both the existing storefront use and future development consideration.
Key Highlights
- 5,394‑square‑foot storefront building leased to Verizon for close to 30 years
- 2.5 Acres of development property including additional Parcels
- Three curb cuts from Marsh Road and Grand River Avenue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
703k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 21%
Groceries 20%
Shops & Services 16%
Superstores 16%
Target
Superstores
110,402 visits/mo
0.5 miles
Meijer
Groceries
108,280 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
65,099 visits/mo
0.4 miles
Chick-fil-A
Dining
57,079 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
36,195 visits/mo
0.3 miles
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
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Similar Off Market Nearby
- Kroger Floral — 4884 Marsh Rd, Okemos, MI 48864
Frequently Asked Questions
What type of property is this?
Storefront property - Updated retail building with fiber internet, multiple parcels, and access from two major roads.
Where is this storefront property 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: 5,394‑square‑foot storefront building leased to Verizon for close to 30 years; 2.5 Acres of development property including additional Parcels; Three curb cuts from Marsh Road and Grand River Avenue
