You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1045-1047 Grand River Ave East Lansing, MI 48823

3,179 SF 0.18 ac lot Built 1941
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity encompasses two buildings totaling 3,179 square feet situated on a 0.184-acre lot in East Lansing, Michigan. Located at 1045-1047 E. Grand River, this high-profile site is a mere four-minute walk from Michigan State University, placing it within East Lansing's most active retail area. The property, built in 1941 and renovated in 1968, features a Class C designation and boasts B2 zoning, permitting retail sales businesses. With two single-story buildings, the property presents significant potential for various uses, including medical offices and retail spaces. The site benefits from the proximity to Michigan State University's substantial student population (over 63,000 students in 27 residence halls) and its 12,000+ employees, along with the 48,000 residents of East Lansing, creating a robust and consistent demand for retail and service businesses. The property's APN is 33-20-02-18-405-009 & 33-20-02-18-405-010. The asking price for this prime redevelopment opportunity is $589,900. This presents a unique chance to capitalize on a thriving market and create a successful venture in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1941
Total area 3,179 SF
Lot 0.18 ac (8,015 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1045-1047 Grand River Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message