Remarks

Prime Location in the Heart of MSU Campus** 547 E Grand River Ave, a unique opportunity to own a versatile commercial property strategically located in the bustling heart of East Lansing, Michigan. This property boasts a dynamic blend of residential and retail spaces, making it an ideal investment for those looking to capitalize on the thriving student population and vibrant local community. **Property Highlights:** - **Mixed-Use Development:** This property features two retail spaces on the ground floor, perfectly positioned to attract foot traffic from both students and locals. With visibility on one of the busiest streets near Michigan State University, your business will benefit from high exposure and accessibility. - **Residential Student Housing:** The top floor is dedicated to residential student housing, providing comfortable living accommodations for MSU students. This aspect of the property not only ensures steady rental income but also fosters a community atmosphere that appeals to the student demographic. - **Centrally Located:** Situated just steps away from Michigan State University, this property is surrounded by a vibrant mix of restaurants, shops, and services. Its proximity to campus makes it an attractive option for students looking for convenience and accessibility. - **Investment Potential:** With the continuous demand for student housing and retail spaces in the area, this property presents a lucrative investment opportunity for savvy investors. The combination of residential and commercial space maximizes rental potential and diversifies income streams. - **Modern Amenities:** The property is designed to meet the needs of modern tenants, featuring updated facilities and amenities that enhance the living and shopping experience. This property stands out as a prime investment opportunity in a market that continues to grow. Being on Michigan State University, the demand for both retail and residential space is consistently high. Whether you are looking to expand your portfolio or start a new venture, 547 E Grand River Ave offers the perfect blend of location, functionality, and potential for profitability. Don't miss out on this exceptional opportunity to invest in East Lansing's thriving real estate market.

Details

MLS#: 286595
Price: $1,900,000

Style: Commercial Sale
Sq Ft: 7920
Year Built: 1946

County: Ingham
Lot Size: 32.82x111
Tax Fee: 18594

School District: East Lansing