5095 Brookfield Dr East Lansing, MI 48823
This exceptional multitenant office building, situated on a 0.45-acre lot in desirable East Lansing, Michigan, presents a compelling investment opportunity. The property, located at 5095 E. Brookfield Dr., 48823, boasts 3,000 square feet of space across two units within a single Class C building. Currently, the building enjoys 50% occupancy. The zoning permits office use, making it ideal for a variety of businesses. The property's prime location offers convenient access to Michigan State University, Trader Joe's, Whole Foods Market, and a wealth of shopping and dining options. Ample on-site parking is available for tenants and visitors. One unit offers 1,600 square feet of finished space, presenting a fantastic owner-occupy opportunity for a business seeking a blend of income generation and personal workspace. The asking price for this well-positioned East Lansing commercial property is $239,000. This is a rare chance to acquire a multitenant office building with strong potential for growth and return on investment in a thriving Michigan community. The property is conveniently located just off Grand River Avenue, ensuring high visibility and easy access for clients and employees. This versatile property is perfect for an investor seeking a stable income stream or a business owner looking to establish a presence in a vibrant and convenient location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.