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415 W Grand River Ave
East Lansing, MI 48823
Office Property For Sale
Investment Highlights
- Off street parking (5 spaces)
- Walk out Lower Level adding 1484 SF
- RM-32 Zoning
- Prime location blocks from MSU
Executive Summary
Prime Commercial/Residential Opportunity in East Lansing4158 W Grand River Ave, East Lansing, MI 48823Discover a versatile property ideally positioned just west of downtown East Lansing and the vibrant campus of Michigan State University. This charming house, thoughtfully converted into a professional physiology office, retains its valuable RM-32 Residential Multifamily zoning, offering flexible use as a commercial space, single-family home, duplex, or potentially a licensed student rental. Currently configured as a turnkey office, the building features:
Walk-out lower level: Finished offices, handicap-accessible restroom, kitchenette, and an additional non-accessible restroom.
Main floor: Accessible via front and rear staircases from the lower level, with welcoming waiting areas, a full bathroom, and private offices.
Upper level (2nd floor): Additional waiting areas, restroom, and two private offices.
The property includes 5 off-street parking spaces—a rare amenity in this high-demand area. Enjoy exceptional visibility and accessibility along Grand River Avenue, a major thoroughfare near MSU with strong traffic exposure (area counts historically ranging from 23,000–31,000 AADT).Whether continuing as professional office space, reverting to residential use, or exploring multifamily potential under RM-32 guidelines, this property represents an outstanding investment in one of East Lansing's most sought-after locations.
Highlights
5 Off Street Parking Spaces
RM-32 Zoning City of East Lansing
Walk out Lower Level adding 1,484 Sq Ft (not included in total)
Prime Location blocks from MSU
Walk-out lower level: Finished offices, handicap-accessible restroom, kitchenette, and an additional non-accessible restroom.
Main floor: Accessible via front and rear staircases from the lower level, with welcoming waiting areas, a full bathroom, and private offices.
Upper level (2nd floor): Additional waiting areas, restroom, and two private offices.
The property includes 5 off-street parking spaces—a rare amenity in this high-demand area. Enjoy exceptional visibility and accessibility along Grand River Avenue, a major thoroughfare near MSU with strong traffic exposure (area counts historically ranging from 23,000–31,000 AADT).Whether continuing as professional office space, reverting to residential use, or exploring multifamily potential under RM-32 guidelines, this property represents an outstanding investment in one of East Lansing's most sought-after locations.
Highlights
5 Off Street Parking Spaces
RM-32 Zoning City of East Lansing
Walk out Lower Level adding 1,484 Sq Ft (not included in total)
Prime Location blocks from MSU
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,890 SF
Building Class
C
Year Built
1939
Price
$349,000
Price Per SF
$120.76
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,445 SF
Building FAR
0.66
Lot Size
0.10 AC
Zoning
Commercial - Commercial Zoned District
Parking
5 Spaces (1.73 Spaces per 1,000 SF Leased)
Amenities
- Basement
- Central Heating
- Hardwood Floors
- Air Conditioning
Property Taxes
| Parcel Number | 20-01-13-237-006 | Improvements Assessment | $84,200 |
| Land Assessment | $21,100 | Total Assessment | $105,300 |
Property Taxes
Parcel Number
20-01-13-237-006
Land Assessment
$21,100
Improvements Assessment
$84,200
Total Assessment
$105,300
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