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East Lansing Office Building For Sale
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2859 Eyde Pkwy, East Lansing, MI 48823

Two-story office building near MSU with ample parking.

Property Size22,080 SF
Lot Size2.43 Acres
Price / SF$81.30
Days on Market909

Property Features for 2859 Eyde Pkwy

General Information

Standard status Active
Size 22,080 SF
Class A
Lot size 2.43 Acres
Property subtype Office
Zoning Office
Lease Type Modified Gross
Investment Type Owner/User

Building Details

Year Built 2002
Stories 2
Tenancy Single
Listing Agency: Martin Commercial Properties
Listed By: Eric Rosekrans · License #MI 6501153826
Source: Crexi
Added: Mar 11, 2024 Changed: Sep 4 Last Checked: Sep 5 at 12:23PM

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 two-story office building, constructed in 2002, offers 22,080 square feet of space on a 2.43-acre site. The property includes approximately 100 free parking spaces. Currently configured for a single tenant, the building can be divided to accommodate multiple users. Located on Eyde Parkway, the building is near Sparrow Michigan Athletic Club, Hannah Plaza, two hotels, The Hannah Lofts, and The Lodges residential communities. The location has a Walk Score of 86, providing pedestrian access to nearby restaurants, services, and amenities. The property features prominent building signage and is located less than one mile from Michigan State University. This property is suitable for office users seeking visibility and convenience in East Lansing.

Key Highlights

  • Prime Location: Less than one mile from Michigan State University.
  • Ample Parking: Approximately 100 free parking spaces.
  • High Walk Score: 86 Walk Score indicates excellent pedestrian access to amenities.

Property Analytics

Current Use

Evolve Tele-Services, Inc. Advertising Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Parts Store Auto Repair Shop Pharmacy

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

1,137
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 - Two-story office building near MSU with ample parking.
Where is this office building located?
The property is located at 2859 Eyde Pkwy East Lansing, MI.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Prime Location: Less than one mile from Michigan State University.; Ample Parking: Approximately 100 free parking spaces.; High Walk Score: 86 Walk Score indicates excellent pedestrian access to amenities.
(517) 351-2200 Call to check price and availability
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