1331 Grand Riv Ave 9, East Lansing, MI 48823-6720
This exceptional 21,252 square foot office space, located at 1331 E. Grand River Ave in East Lansing, Michigan, presents a unique opportunity for businesses seeking a prominent location. Situated in a Class B building constructed in 1966, this single-tenant space offers a blend of classic charm and modern functionality. The property boasts two buildings, each two stories high, providing a total of 57 parking spaces for employees and clients. The 1.24-acre lot is zoned B2, reflecting its suitability for commercial use. The interior features large windows, allowing for abundant natural light, and includes up to nine private offices, a welcoming reception area, a convenient conference room, two entrances for easy access, and a practical kitchenette. This location is highly desirable, being adjacent to the popular Brookfield Plaza and within walking distance of numerous restaurants and shops. Its proximity to Michigan State University and its one-mile distance from the Michigan Athletic Club make it an attractive option for businesses catering to a student population or those seeking a vibrant, active community. The property's location within a densely populated student housing area ensures high visibility and accessibility. This is an excellent opportunity to establish a thriving business in a prime East Lansing location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · East Lansing, MIEast Lansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.