Property summary
This exceptional 3,108 square foot retail space, formerly a bank, presents a unique investment opportunity in the heart of East Lansing, Michigan. Located at 431 E Grand River Ave, this single-tenant property boasts a coveted location directly across from Michigan State University, ensuring consistent high foot traffic from the university's 63,000+ students and faculty. The space is ideal for a variety of uses, including retail, restaurant, or service businesses, or even a return to its previous use as a bank. The property is situated in Ingham County and benefits from a B3, City Center Commercial zoning designation. With its prime location and versatile layout, this property offers significant potential for growth and profitability. The building's total square footage is not currently available. The address is 431 E Grand River Ave, East Lansing, MI 48823. This is a single-tenant property with 3,108 square feet of vacant space ready for immediate occupancy. The property's strategic location across from Michigan State University provides unparalleled access to a large and consistent customer base. This presents a rare chance to establish a thriving business in a vibrant and high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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