311 Grand Riv Ave 8 East Lansing, MI 48823-4213
This exceptional mixed-use building, located at 311 W Grand River Ave in East Lansing, MI 48823, offers a prime retail and restaurant opportunity. The property boasts 16,000 total square feet spread across three stories in a single building constructed in 2000. Currently, there are two suites available, totaling 4,420 square feet of vacant space. The maximum contiguous space available is 4,420 square feet, ideal for a larger tenant. The building features excellent street-level visibility on W. Grand River Ave, with large glass windows showcasing the space. One suite, formerly a quick-service restaurant, includes a large hood system, a three-compartment sink, a service window, and a lobby area. This space is perfect for a similar concept or a business requiring these existing features. The second suite, previously a flower shop, is adaptable to a variety of retail uses, such as a coffee shop, tea shop, or insurance agency. The property's location in downtown East Lansing provides exceptional access to Michigan State University, surrounding neighborhoods, and off-campus student housing, ensuring high foot traffic and visibility. The Ingham County location (APN: 33-20-01-13-238-001) offers a thriving market for businesses catering to students and the local community. This is a rare opportunity to secure a prominent retail space in a high-demand area.
-
Taqueria Fire Taco Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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.