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Leased Mixed-Use Property
For Sale
$165,000
Pending

252 E Grand River Road, Laingsburg, MI 48848

Fully occupied building combines two apartments with dedicated commercial space.

Property Size2,400 SF
Days on Market646

Property Features for 252 E Grand River Road

General Information

Standard status Pending
Size 2,400 SF

Taxes and HOA fees

Annual Taxes $1,551
Listing Agency: Coldwell Banker Professionals -Okemos
Listed By: Janice Ruhala · License #6501206393
Source: Exprealty
Added: Nov 22, 2024 Changed: Aug 29 Last Checked: Aug 29 at 8:00PM

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 Coldwell Banker Professionals -Okemos

Investment Insights

Based on property information with market context.

This 2,400-square-foot mixed-use property in downtown Laingsburg includes two one-bedroom apartments of approximately 600 square feet each, along with approximately 1,200 square feet occupied by Laingsburg Eye Care. The configuration combines residential units and commercial space within one building.

The property is fully leased, with long-term tenants in place. The building has been maintained and updated over time, supporting its existing apartment and professional-use layout. Its location at 252 E Grand River Road places the asset in downtown Laingsburg.

Key Highlights

  • 2,400‑square‑foot mixed‑use property in downtown Laingsburg
  • Two one‑bedroom apartments, approximately 600 sq ft each
  • Approximately 1,200 square feet of commercial space

Property Analytics

Current Use

Laingsburg Eye Care, ... Physician Marsha A. Brandon, OD Physician

Suggested Use

Top Pick Dental Office Pharmacy Nail Salon Building Supply Storage Facility Furniture & Home Goods

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

123
Businesses Nearby

Demographics for 48848, MI

7,771
Population
3,090
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
68.2 sq mi
ZIP Area
114
Density / Sq Mi
$92,928
Median Household Income
$49,602
Median Earnings
$880
Median Rent
$249,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied building combines two apartments with dedicated commercial space.
Where is this mixed-use property located?
The property is located at 252 E Grand River Road Laingsburg, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 2,400‑square‑foot mixed‑use property in downtown Laingsburg; Two one‑bedroom apartments, approximately 600 sq ft each; Approximately 1,200 square feet of commercial space
More about this property
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