Redevelopment Opportunity in Okemos 2 Retail Properties Offered at $3,749,000 in Okemos, MI
INVESTMENT HIGHLIGHTS
- 305 Ft of Frontage on Marsh Road
- Heavy daytime traffic
- Across from Meridian Mall
EXECUTIVE SUMMARY
Multiple parcel redevelopment opportunity across from the Meridian Mall.
Two properties combine for 4.27 acres with 305 feet of frontage on Marsh Road, directly across from the Meridian Mall. Property allows for a 3-story building, making it perfect for corporate headquarters, office building or hotel user.
Location is convenient to the surrounding communities of East Lansing and MSU Campus, Okemos, Haslett, Williamston, and many more. Surrounded by national retailers including Dick's Sporting Goods, Target, Marshall's, Kroger, Bed Bath and Beyond, Home Depot, Kohl's and many many more.
Two properties combine for 4.27 acres with 305 feet of frontage on Marsh Road, directly across from the Meridian Mall. Property allows for a 3-story building, making it perfect for corporate headquarters, office building or hotel user.
Location is convenient to the surrounding communities of East Lansing and MSU Campus, Okemos, Haslett, Williamston, and many more. Surrounded by national retailers including Dick's Sporting Goods, Target, Marshall's, Kroger, Bed Bath and Beyond, Home Depot, Kohl's and many many more.
PROPERTY FACTS
| Price | $3,749,000 |
| Price / SF | $125.18 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 29,948 SF |
| Total Land Area | 3.91 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4990 Marsh Rd, Okemos, MI 48864 | Retail | 5,000 SF | 1979 | $1,699,000 |
| 5000 Marsh Rd, Okemos, MI 48864 | Retail | 24,948 SF | 1977 | $1,899,000 |
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