507 Grand River Ave East Lansing, MI 48823
- Office Properties & Spaces
- 10,670 SF
Current Use by Public Records
- PayEye / Payment Terminal
- Grand River Barber Company / Barber Shop
- Fariba Fashion House LLC / Clothing Store
Property Details for 507 Grand River Ave
- Year built
- 1965
- Property size
- 10,670 SF
- Property type
- Office Properties & Spaces
Description
This exceptional professional office space, located at 507 1/2 E Grand River Avenue in East Lansing, Michigan, 48823, offers a fantastic opportunity for businesses seeking a prime location. The building, constructed in 1965, boasts a total of 10,670 square feet spread across two stories. Currently, 2,000 square feet of contiguous office space is immediately available for lease. The maximum contiguous space available is also 2,000 square feet. The property is zoned for office use and features a convenient location directly across from the Michigan State University campus. This makes it ideal for businesses catering to students, faculty, or the broader university community. The lease is a gross lease, meaning all utilities are included in the $10 per square foot rental rate. The space is highly flexible, allowing for individual offices or various combinations to suit specific business needs. While the building offers only one parking space, its central location provides easy access to public transportation and other parking options. This affordable and versatile office space presents a unique opportunity to establish a thriving business in a vibrant and sought-after location. The property is situated near the intersection of Grand River Avenue and Bailey Street.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.4488
- Latitude
- 42.7587
