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    Okemos, MI
    Retail

    Okemos, MI Retail Space for Sale

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    East Lansing, MI Haslett, MI Lansing, MI Mason, MI Bath, MI Williamston, MI Holt, MI Laingsburg, MI
    Freestanding Retail or Office Building
    Updated: Jun 2
    Freestanding Retail or Office Building

    4815 Okemos Road, Okemos, MI 48864

    $525,000
    2,669 sqft 1.94 AC lot
    Freestanding 2,669 SF retail or office building built in 1989, offering a flexible space for office, medical, or service users.
    Additional 1,500 SF four‑lane drive‑thru provides established drive‑thru infrastructure for suitable user types.
    Property sits on 1.94 acres in Meridian Charter Township with the drive‑thru on‑site for customer access.
    Zoned PO, Professional and Office.
    Located along Okemos Road, with access to Michigan State University, East Lansing, and downtown Lansing.
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    This listing looks promising.

    Here's a quick look at some key insights for

    4815 Okemos Road, Okemos, MI 48864

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $322K
      Suggested

    • Property Type

      Financial Building
      Built 1989
    View Property Analytics
    Retail/Office Building with Drive-Thru
    Updated: May 29
    Retail/Office Building with Drive-Thru

    2260 Jolly Oak Rd, Okemos, MI 48864

    $1,189,000
    3,932 sqft 1.61 AC lot
    1.61‑acre retail/office building with highly visible frontage along Okemos Road
    Existing drive‑thru configuration suitable for restaurant conversion, with patio expansion potential
    Expansion capacity for 3,000 SF+ using excess land and the former drive‑thru area
    On‑site parking with newly resurfaced parking lot (2025)
    Convenient access via joint drive off Jolly Oak and within 0.5 miles of I‑96
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    Mixed Office Retail Space
    Mixed Office Retail Space

    1259 Grand River Ave, Okemos, MI 48864

    Contact for pricing

    Office and retail space is available at 1259 Grand River Ave in Okemos, Michigan.

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    Retail Unit with Central Air Systems
    Retail Unit with Central Air Systems

    4131, Okemos, MI 48864

    Contact for pricing

    Converted from three separate retail units into one large space with three furnaces and central air.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 4 Active listings in Okemos, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Standalone Multi-Story Commercial Building
    Standalone Multi-Story Commercial Building

    1234 Grand River Avenue, East Lansing, MI 48823

    $2,200,000
    5,715 sqft

    Standalone three-story building rebuilt in 2021 with replaced core mechanical systems and embedded security features.

    View details
    Lansing Retail/Office Investment Opportunity
    Lansing Retail/Office Investment Opportunity

    2504 E Michigan Ave |, Lansing, MI 48912

    $275,000
    2,813 sqft

    2,813 SF building ideal for retail or office ventures.

    View details
    Mixed-Use Retail Investment
    Mixed-Use Retail Investment

    547 E. Grand River Ave, East Lansing, MI 48823

    Contact for pricing

    For-sale mixed-use property with retail space located on E. Grand River Ave in East Lansing.

    View details
    Cannabis Cultivation and Dispensary Portfolio
    Cannabis Cultivation and Dispensary Portfolio

    5025 S Pennsylvania Ave, Lansing, MI 48910

    Contact for pricing

    Four facilities leased back on an absolute net term, including cultivation operations, administration, and a dispensary store.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Okemos, MI

    Consider similar Off-Market properties in Okemos, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4990 Marsh Rd
    RETAIL STORES (PERSONAL SERVICES)

    4990 Marsh Rd, Okemos, MI 48864-1194

    Value Estimation by Request
    4,068 sqft 2.20 AC lot
    View details
    4749 Central Park Dr
    RETAIL STORES (PERSONAL SERVICES)

    4749 Central Park Dr, Okemos, MI 48864-1973

    $855,000
    Estimated value
    6,895 sqft 0.90 AC lot
    View details
    4696 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4696 Okemos Rd, Okemos, MI 48864-1728

    $1,300,000
    Estimated value
    1,610 sqft 0.21 AC lot
    View details
    4690 Okemos Rd, Unit 5
    RETAIL STORES (PERSONAL SERVICES)

    4690 Okemos Rd, Okemos, MI 48864-1728

    Unit 5
    Value Estimation by Request
    6,678 sqft 0.47 AC lot
    View details
    2114 Hamilton Rd, Unit 5
    RETAIL STORES (PERSONAL SERVICES)

    2114 Hamilton Rd, Okemos, MI 48864-1745

    Unit 5
    Value Estimation by Request
    6,164 sqft 0.25 AC lot
    View details
    4708 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4708 Okemos Rd, Okemos, MI 48864-1603

    Value Estimation by Request
    4,000 sqft 0.29 AC lot
    View details
    2189 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2189 Grand Riv Ave, Okemos, MI 48864-1666

    Value Estimation by Request
    4,704 sqft 0.49 AC lot
    View details
    4800 Okemos Rd
    RETAIL STORES (PERSONAL SERVICES)

    4800 Okemos Rd, Okemos, MI 48864-1664

    $1,325,000
    Estimated value
    13,567 sqft 2.65 AC lot
    View details
    2049 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2049 Grand Riv Ave, Okemos, MI 48864-1706

    $660,000
    Estimated value
    6,016 sqft 0.92 AC lot
    View details
    4737 Marsh Rd
    RETAIL STORES (PERSONAL SERVICES)

    4737 Marsh Rd, Okemos, MI 48864-2172

    Value Estimation by Request
    8,000 sqft 0.81 AC lot
    View details
    4760 Marsh Rd
    RETAIL STORES (PERSONAL SERVICES)

    4760 Marsh Rd, Okemos, MI 48864-2100

    $550,000
    Estimated value
    8,703 sqft 1.23 AC lot
    View details
    2243 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2243 Grand Riv Ave, Okemos, MI 48864-1650

    $665,000
    Estimated value
    7,222 sqft 0.79 AC lot
    View details
    2359 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2359 Grand Riv Ave, Okemos, MI 48864

    $715,000
    Estimated value
    5,050 sqft 0.51 AC lot
    View details
    2364 Jolly Oak Rd, Unit 12
    RETAIL STORES (PERSONAL SERVICES)

    2364 Jolly Oak Rd, Okemos, MI 48864

    Unit 12
    Value Estimation by Request
    7,000 sqft 0.74 AC lot
    View details
    1492 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    1492 Grand Riv Ave, Okemos, MI 48864-2307

    Value Estimation by Request
    2,288 sqft 0.61 AC lot
    View details
    2805 Jolly Rd
    RETAIL STORES (PERSONAL SERVICES)

    2805 Jolly Rd, Okemos, MI 48864-3672

    $1,390,000
    Estimated value
    13,500 sqft 5.52 AC lot
    View details
    1732 Hamilton Rd
    RETAIL STORES (PERSONAL SERVICES)

    1732 Hamilton Rd, Okemos, MI 48864-1811

    Value Estimation by Request
    3,820 sqft 0.43 AC lot
    View details
    5135 Times Sq Pl
    RETAIL STORES (PERSONAL SERVICES)

    5135 Times Sq Pl, Okemos, MI 48864-1100

    $1,880,000
    Estimated value
    30,333 sqft 3.30 AC lot
    View details
    2287 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2287 Grand Riv Ave, Okemos, MI 48864-1649

    Value Estimation by Request
    3,904 sqft 0.91 AC lot
    View details
    2283 Grand Riv Ave
    RETAIL STORES (PERSONAL SERVICES)

    2283 Grand Riv Ave, Okemos, MI 48864-1649

    $660,000
    Estimated value
    10,114 sqft 0.78 AC lot
    View details

    Okemos, MI Retail Space Market Trends and Statistics

    Explore 49 retail space for sale in Okemos, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,601 square feet of properties for sale, with an estimated market value of $1,714,000.

    Sale prices for retail space in Okemos, MI start at $525,000, averaging $857,000, and reaching up to $1,189,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Banks 1
    Storefront properties 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) +1.8%
    Median Household Income $113,145
    College Educated 60.3%

    High-Yield Neighborhoods for Investment

    Identify Okemos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48864 $525K

    Taxes & Financing

    Tax Rate (average for all types) 5.36%
    Property Tax per SF $84.46 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

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