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Investment Highlights

  • Prime frontage along North Grand River Avenue with strong visibility.
  • Convenient access to major highways and regional corridors.
  • ±3.13-acre site offering expansion or outdoor storage options.
  • Competitive pricing ideal for owner-users or investors.

Executive Summary

Positioned along the highly visible North Grand River Avenue corridor, this freestanding industrial property offers a rare opportunity for ownership in Lansing’s thriving industrial market. The site spans approximately 3.13 acres, providing ample outdoor storage and expansion potential for future growth. Constructed in 1967 with solid, functional design, the building delivers durability and flexibility for a wide range of industrial uses under IND-1 zoning. Its strategic location ensures convenient access to major transportation routes, including I-96 and US-127, connecting businesses to regional and statewide markets.
The property’s proximity to Lansing’s central business district and surrounding residential communities enhances workforce accessibility and operational efficiency. With a competitive asking price of $750,000, this asset represents exceptional value for owner-users or investors seeking a well-located industrial facility with room to scale. Surrounding demographics reflect strong household incomes and stable population trends, reinforcing the long-term viability of this location for industrial operations.

Attachments

Brochure

Property Facts

Price $750,000
Price Per SF $54.26
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 2.58 AC
Rentable Building Area 13,822 SF
No. Stories 1
Year Built 1967
Tenancy Single
Parking Ratio 10.27/1,000 SF
Clear Ceiling Height 13’
Opportunity Zone Yes
Zoning IND-1 - Industrial Zoned District

Amenities

  • Signage
  • Reception
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 13,822 SF
  • Industrial
  • Shell Space
  • Now

Great space for storage or redevelopment opportunity. Former cannabis grow facility in shell condition. 2AC of outdoor Storage.

Space Size Space Use Condition Available
1st Floor 13,822 SF Industrial Shell Space Now

1st Floor

Size
13,822 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Floor

Size 13,822 SF
Space Use Industrial
Condition Shell Space
Available Now

Great space for storage or redevelopment opportunity. Former cannabis grow facility in shell condition. 2AC of outdoor Storage.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-01-06-126-021
Land Assessment
$245,200
Improvements Assessment
$124,200
Total Assessment
$369,400
  • Listing ID: 31341677

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: 4700 N Grand River Ave, Lansing, MI 48906

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