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    300 Grand River Ave East Lansing, MI 48823

    Sponsored
    For Lease
    $22 SF/Yr

    Prime Retail/Office, MSU Area, 69,193 SF

    Lot size:
    69,193 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 69,193-square-foot mixed-use property, built in 2016, presents a unique opportunity in the vibrant heart of East Lansing, Michigan. Located at 300 W Grand River Ave, this four-story building boasts a prime location directly across from Michigan State University, ensuring high visibility and foot traffic. Currently, 2,430 square feet of retail or office space is available for lease within this single-tenant building. The property's strategic position places it within easy walking distance of the university's campus amenities, surrounded by student housing, residential neighborhoods, parks, and other retail establishments. The available space offers the advantage of raw space, allowing for complete customization to suit a tenant's specific needs and vision. Large windows facing West Grand River Avenue provide abundant natural light, creating a bright and inviting atmosphere. The property's APN is 20-01-13-227-020. This is an ideal location for businesses seeking to capitalize on the high density of students and residents in this thriving area of East Lansing. The property is categorized as retail and restaurant space, with a quick-service and office subtype. This presents a versatile opportunity for a variety of businesses.

    Property Features for 300 Grand River Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    69,193 SF
    Total Rate
    126853.83

    Building Details

    Year Built
    2016
    Stories
    4

    Unit(s) available at that property

    Space
    Size
    2,430 SF
    Rate per SF
    $22

    HighLights

    • 69,193 SF mixed‑use building, built in 2016, located at 300 W Grand River Ave, East Lansing.
    • Prime location directly across from Michigan State University.
    • 2,430 SF of retail/office space available for lease; raw space allows for tenant build‑out.
    • Excellent visibility and frontage on W. Grand River Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    300 Grand Apartments Apartment Building Biggby Coffee Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4883145
    Latitude
    42.7366555

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Office, MSU Area, 69,193 SF
    Where is this restaurant located?
    The property is located at 300 Grand River Ave East Lansing, MI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 69,193 SF mixed-use building, built in 2016, located at 300 W Grand River Ave, East Lansing.; Prime location directly across from Michigan State University.; 2,430 SF of retail/office space available for lease; raw space allows for tenant build-out.
    Request Owner's contact information
    300 Grand River Ave East Lansing, MI 48823
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    East Lansing, MI 48823
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Grand River Ave East Lansing, MI 48823
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