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Property profile & analytics
OFF-MARKET
Office Spaces

5095 Brookfield Dr East Lansing, MI 48823

3,000 SF 0.45 ac lot
Property ID
US43-0724876
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 3,000 SF
Lot 0.45 ac (19,602 SF)
UPID US43-0724876
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
Current use
Occupant on record · Public records
  • Nyaka Charitable Organization Social Service Agency
  • Handworks Massage LLC Alternative Medicine Practice Spa & Massage Center
  • Scott Stearns LMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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