415 Grand River Ave East Lansing, MI 48823

Property Details for 415 Grand River Ave

Year built

1939

Lot size

0.10 lot acres

Property size

1,946 SF

Zone code

RM32

Property type

Office buildings

APN

33-20-01-13-237-006

APU

33200113237006

Description

This exceptional 2,890 square foot medical office building, located at 415 W Grand River Ave in East Lansing, Michigan, presents a unique investment opportunity. Built in 1939 and situated on a 0.1-acre lot, this Class B property boasts a charming and updated interior. The building features ten individual offices, four lavatory bathrooms, and on-site parking for five vehicles. Currently operating at 20% occupancy, the asking price is $375,000, translating to $129.76 per square foot. The property is zoned RM-32, offering flexibility for various medical uses. The two-story building has undergone soundproofing improvements, enhancing its functionality and appeal. Its convenient location near Michigan State University provides excellent access to a large pool of potential patients and employees. The property's long history as a professional office space speaks to its enduring value and suitability for continued use in the medical field. The Ingham County location, with its address 415 W Grand River Ave, East Lansing, MI 48823, ensures easy access to major transportation routes and local amenities. The property's APN is 33-20-01-13-237-006. Broker co-op is available.