547-549 E Grand River Ave - Storefront Retail/Office FOR SALE


East Lansing, MI 48823
$1,950,000 USD
480-658-4360
547-549 E Grand River Ave, East Lansing, MI for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 5.71% Cap Rate

547-549 E Grand River Ave
East Lansing, MI 48823


HIGHLIGHTS

  • Location

OVERVIEW

Original owner/builder offers premier strategic location. Building is in excellent condition for commercial enterprise on main level and seven-bedroom apartment on the second floor. Direct sale only (no owner financing). Building includes full basement of approximately 2,500 SF, can be used for storage or retail space.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B3

APN/PARCEL ID

20-02-18-168-009

ASK ABOUT THIS PROPERTY

Steve PerryPerry Investment Group LLCMore Info
480-658-4360

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Steve PerryPerry Investment Group LLCMore Info
480-658-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.