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Restaurant Site with Pylon Signage
New
For Lease
$30 SF/Yr

1518 W Grand River Ave, East Lansing, MI 48823

Food-and-beverage space offers two access points, striped parking, and prominent freestanding signage.

Space SizeContact for details
Days on Market7

Property Features for 1518 W Grand River Ave

General Information

Standard status Active
Total Parking Spaces 18
Property subtype Retail
Lease Type SF/yr

Site & Location

Pylon Signage Yes
Road Access Yes

Additional Details

Space Use Food & Beverage
Listing Agency: Martin Commercial Properties
Listed By: Carson Patten, CCIM · License #6501422561
Source: Cpix.resimplifi
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 10 at 2:26AM

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 Martin Commercial Properties

Investment Insights

Based on property information with market context.

This restaurant property is configured for food-and-beverage operations, with potential applications including coffee, smoothies and juices, bakery and dessert concepts, healthy food markets, salads, and sandwiches. The site includes 18 striped parking spaces and prominent pylon signage for tenant identification.

Access is provided from both Grand River Avenue and Saginaw Street in East Lansing. The property is located near Frandor Shopping Center, adding established retail context to the surrounding area.

Key Highlights

  • Configured for food‑and‑beverage concepts, including coffee, bakery, dessert, salad, and sandwich uses
  • 18 striped parking spaces
  • Dual access from Grand River Avenue and Saginaw Street

Property Analytics

Current Use

Baryames Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Daycare Center Building Supply (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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Quality Dairy Shops & Services
5,239 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
3,291 visits/mo 0.5 miles
Jimmy John's Dining
3,268 visits/mo 0.3 miles
BIGGBY COFFEE Dining
3,052 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
2,377 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-and-beverage space offers two access points, striped parking, and prominent freestanding signage.
Where is this conventional restaurant located?
The property is located at 1518 W Grand River Ave East Lansing, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Configured for food‑and‑beverage concepts, including coffee, bakery, dessert, salad, and sandwich uses; 18 striped parking spaces; Dual access from Grand River Avenue and Saginaw Street
More about this property
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