Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4990 Marsh Rd
Okemos, MI 48864
Retail Property For Sale

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

2.2 Acres in a dense retail area of Okemos and in close proximity to Michigan State University.
Frontage on Marsh Road

Drive-thru capabilities

EXECUTIVE SUMMARY

The property features 305' of frontage on busy Marsh Road with an existing 5,000 SF building with an existing drive-thru on 2.2 acres,. This property is zoned C-2 and can accommodate most commercial and retail uses. This parcel is located on Marsh Road across the street from the Meridian Mall and next door to Target. Marsh Road is a major retail corridor serving the Okemos, East Lansing and Lansing markets. Tenant's in the immediate area include: Target, Macy's, Meijer, Wal-Mart, Dicks Sporting Goods, J.C. Penny, Kroger, Gordon Food Service and Bed Bath & Beyond and many many more.

PROPERTY FACTS

Sale Type

Investment

Sale Condition

Redevelopment Project

Property Type

Retail

Property Subtype

Freestanding

Building Size

5,000 SF

Building Class

Year Built

1979

Price

$1,699,000

Price Per SF

$339.80

Percent Leased

100%

Building Height

1 Story

Building FAR

0.05

Lot Size

2.20 AC

Zoning

C-2

Parking

30 Spaces (6 Spaces per 1,000 SF Leased)

Frontage

305’ on Marsh Rd

Bus Line

Signage

ABOUT 4990 MARSH RD , OKEMOS, MI 48864

Redevelopment opportunity on Marsh Road in Okemos for 2.2 acres parcel across from Meridian Mall and next door to Target. The building is 5,000 Sq Ft with an existing drive-thru. Zoning allows for a 3-story building, making it a perfect location for office headquarters or hotel. Great frontage on Marsh Road surrounded by big box retailers, car dealerships, and a regional mall and convenient to MSU campus, Okemos, East Lansing, Haslett, Williamston and surrounding communities.

PROPERTY TAXES

Parcel Number	02-02-22-126-007	Improvements Assessment	$66,400
Land Assessment	$323,000	Total Assessment	$389,400

PROPERTY TAXES

Parcel Number

02-02-22-126-007

Land Assessment

$323,000

Improvements Assessment

$66,400

Total Assessment

$389,400

Listing ID: 23847553
Date on Market: 1/16/2020
Last Updated:
Address: 4990 Marsh Rd, Okemos, MI 48864

1 of 2

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/2

This feature is unavailable at the moment.