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    933 Grand River Ave East Lansing, MI 48823

    Sponsored
    For Lease
    $15 SF/Yr ($2,777 /Mo)

    Freestanding building, 2222 sq ft, ample parking

    Lot size:
    2,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,222 square foot freestanding building presents a unique opportunity for a discerning business. Located directly across from Michigan State University and the bustling Hub on Campus, this high-visibility property boasts unparalleled access and exposure. The building's single-tenant occupancy offers flexibility and control, while its convenient location near student housing, popular amenities, and major retailers ensures a steady stream of potential customers. The property features 16 private parking spaces, a significant advantage in this high-traffic area, accessible from both East Grand River Avenue and Durand Street. The building's zoning is Commercial, situated in Ingham County. In addition to the main 2,222 square feet of space, there is also additional lower-level space available, providing further expansion potential. The property's proximity to a 7-Eleven, Pita Way, Target, Walgreens, Starbucks, and Buffalo Wild Wings makes it an ideal location for a variety of retail or service businesses, such as a coffee shop or insurance agency. This is a rare opportunity to secure a prime commercial space in a thriving, high-demand location. The entire building is currently vacant, offering immediate occupancy.

    Property Features for 933 Grand River Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,222 SF
    Total Rate
    2777.5

    Unit(s) available at that property

    Space
    Size
    2,222 SF
    Rate per SF
    $15

    HighLights

    • 2,222 SF freestanding office building in Ingham County.
    • Single‑tenant occupancy, currently vacant.
    • Located at 933 East Grand River Ave, near Durand St.
    • High visibility location across from Michigan State University.
    • Features 16 private parking spaces.
    • Zoned Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -84.4711961
    Latitude
    42.7320228

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    FAQs

    What type of property is this?
    Office Property / Space - Freestanding building, 2222 sq ft, ample parking
    Where is this office property / space located?
    The property is located at 933 Grand River Ave East Lansing, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,222 SF freestanding office building in Ingham County.; Single-tenant occupancy, currently vacant.; Located at 933 East Grand River Ave, near Durand St.
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    933 Grand River Ave 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
    933 Grand River Ave East Lansing, MI 48823
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