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Property profile & analytics
OFF-MARKET
Neighborhood centers

641 Grand River Ave East Lansing, MI 48823

1,922 SF
Property ID
Property summary
AI-generated overview

This 1,922 sq ft single-tenant retail space is located at 641 E Grand River Ave, in Ingham County, Michigan. Situated on the corner of East Grand River Avenue and Collingwood Drive, this property benefits from exceptional visibility and high traffic counts. The building is zoned B-3 and offers on-site parking, a significant advantage in this busy area. The property's prime location directly across from Michigan State University provides access to a substantial market of over 50,000 students and 20,000 staff. Previously occupied by GameStop, this space is ready for immediate occupancy. The building is part of a neighborhood center, sharing the location with established businesses such as Jimmy John's and Chase Bank. This presents a unique opportunity for a business seeking high visibility and convenient access to a large consumer base. The entire 1,922 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's location and ample parking make it an attractive option for a variety of retail businesses. This is a rare opportunity to establish a presence in a thriving commercial area with strong demographics.

Property profile
Verified
Property type Neighborhood centers
Total area 1,922 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gong Cha Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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