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    OFF-MARKET
    Office buildings

    912 Coolidge Rd 53, East Lansing, MI 48823-2414

    1,416 SF 0.22 ac lot Built 1948
    Entity Owned ~ Est. High Equity
    Property ID
    US43-5161339
    Property summary
    AI-generated overview

    This 2,548 square foot, two-story creative office building in East Lansing, MI is available for $339,000 ($133.05/sq ft). Located at 912 Coolidge Rd, 48823, this vacant property boasts a prime location minutes from US-127, Frandor Shopping Center, and Michigan State University. Built in 1948 and extensively renovated in 2003 and 2018 (including a new HVAC system), the building features unique architectural details such as stone and Dryvit Stucco exterior, an antique wrought-iron fence, an outdoor patio, leaded-glass windows, an interior fountain, renaissance hardware, and a hand-carved Italian fireplace. The main level (1,574 sq ft) includes a reception area, two large open spaces, four private offices, a restroom, and a breakroom. The upper level offers 521 sq ft of office space and 567 sq ft of bonus cold storage. A finished basement (453 sq ft) provides additional space with a second fireplace and a bathroom. The property is zoned B1 and has ample parking shared with neighboring businesses including State Farm Insurance and Play, Build, Grow Therapy. Its proximity to major roadways and amenities makes it ideal for a variety of professional uses. The previous tenant experienced significant growth in their business while occupying this space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1948
    Total area 1,416 SF
    Lot 0.22 ac (9,453 SF)
    Zoning code B1
    APN 33-20-01-12-307-012
    UPID US43-5161339
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    M S Denham Properties II LLC
    M S Denham Properties II LLC
    since 2025
    Last sale
    $264,200
    6 recorded transactions
    2025
    $264,200
    2022
    2017
    2013
    1969
    1969
    Zoning & alternative use
    B1 · East Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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