Log In/Sign Up
Your email has been sent.
1575 Ramblewood Dr
East Lansing, MI 48823
Office Property For Sale
Investment Highlights
- Prime East Lansing location just off Coolidge Road with strong visibility and excellent accessibility.
- High-quality construction from 2001, zoned B-4, totaling 20,410 SF across four professional units on 2 floors.
- Seller lease-back through 12/31/26, providing immediate, stable income and continuity of occupancy.
- Long-standing medical use as the main office of Lansing Neurosurgery, Mid-Michigan’s premier neurosurgical provider.
- Proven suitability for medical and professional office operations due to decades of successful specialty medical use.
Executive Summary
Nestled in the thriving East Lansing area, this impressive property features a 20,410 SF building comprised of 4 distinct units. Built in 2001 and zoned B4, the property boasts a prime location and ample space ideal for a range of educational or specialty use opportunities. The contemporary construction and favorable unit count offer flexibility and functionality, while the desirable location enhances its investment potential. With a strong foundation, attractive zoning, and excellent space utilization, this property presents itself as a compelling prospect for Special Purpose/School investors seeking a well-positioned and adaptable asset in the heart of East Lansing.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
20,410 SF
Building Class
B
Year Built
2001
Price
$2,175,000
Price Per SF
$106.57
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,205 SF
Building FAR
1.80
Lot Size
0.26 AC
Zoning
B4 - Commercial Zoned District
Parking
75 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Wheelchair Accessible
- Kitchen
- Reception
- Storage Space
- Basement
- Central Heating
- Secure Storage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 20-01-02-476-401 | Improvements Assessment | $258,700 |
| Land Assessment | $0 | Total Assessment | $258,700 |
Property Taxes
Parcel Number
20-01-02-476-401
Land Assessment
$0
Improvements Assessment
$258,700
Total Assessment
$258,700
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
