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Former Restaurant Retail Storefront
For Lease
$20 SF/Yr

301 MAC Ave, East Lansing, MI 48823

Storefront space in a multi-unit building with street entry along MAC, previously used as a restaurant.

Space SizeContact for details
Property Size16,812 SF
Days on Market1397

Property Features for 301 MAC Ave

General Information

Standard status Active
Size 16,812 SF
Property subtype Retail
Zoning BUSINESS

Building Details

Building Size 16,812 SF
Year Built 1965
Buildings 1
Stories 2
Listing Agency: Vlahakis Companies, Inc.
Listed By: Paul Vlahakis
Source: Cpix.resimplifi
Added: Nov 8, 2022 Changed: Aug 8 Last Checked: Sep 4 at 2:08AM

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 Vlahakis Companies, Inc.

Investment Insights

Based on property information with market context.

This storefront retail space is located within a multi-unit building that includes a lower level, main floor, and upper level. The suite is accessed from the street along M.A.C., with entry positioned on the south side of the building.

The storefront faces the intersection of M.A.C. and Albert Avenues and totals 2,200 square feet. The space was formerly used as a restaurant, making it suitable for tenants seeking an established restaurant buildout footprint.

As part of the building’s multi-level configuration, the unit offers a standalone street-facing presence while the property supports additional levels and other units within the same structure.

Key Highlights

  • Storefront space within a multi‑unit building built in 1965
  • Street entry on M.A.C. (MAC) on the south side of the building
  • Storefront features 2,200 SF and was formerly used as a restaurant

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Hair Salon Auto Repair Shop Building Supply Auto Parts Store Nail Salon Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,272
Businesses Nearby
118k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Hotels & Casinos 21% Shops & Services 11%
Raising Cane's Chicken Fingers Dining
29,964 visits/mo 0.1 miles
Marriott East Lansing At University Place Hotels & Casinos
25,105 visits/mo 0.1 miles
Potbelly Sandwich Shop Dining
11,820 visits/mo 0.1 miles
Sushiya Dining
9,117 visits/mo 0.3 miles
Starbucks Dining
8,272 visits/mo 0.2 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

Lease Benchmarks for East Lansing, MI

$25.38 /SF/Yr
Avg Asking Price
$12.5–$45 /SF/Yr
Price Range
17,011 SF
Avg Space Size

This space is priced 21% below the average of $25.38 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Storefront property - Storefront space in a multi-unit building with street entry along MAC, previously used as a restaurant.
Where is this storefront property located?
The property is located at 301 MAC Ave East Lansing, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Storefront space within a multi‑unit building built in 1965; Street entry on M.A.C. (MAC) on the south side of the building; Storefront features 2,200 SF and was formerly used as a restaurant
More about this property
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