1234 E Grand River Avenue, East Lansing, MI 48823
None · Ingham County
Key Facts
Description
The Ultimate High-Security Flagship Opportunity at the Doorstep of Michigan State University Position your organization at the center of prestige, visibility, and absolute security with this exceptional standalone commercial building located directly at the campus of Michigan State University. Offering unmatched flexibility, 1234 E Grand River Ave is now available for sale or for lease, presenting a rare opportunity for premium retail or executive office space. Spanning three expansive and highly functional floors, this property was completely rebuilt from the studs up during a complex, top-to-bottom architectural and mechanical renovation in 2021. Because this facility was originally redesigned to meet the strict compliance and structural demands of a high-volume flagship dispensary, it features an embedded level of security and physical fortification that is nearly impossible to find in standard commercial real estate. Every core mechanical system has been replaced, offering a truly turn-key asset that removes any immediate capital expenditure burden for a new owner or tenant. The building boasts a robust, ultra-secure infrastructure designed to handle high-value assets, strict privacy protocols, and sensitive data management. From multi-tiered advanced security networks to optimized internal logistics, the layout facilitates incredibly discreet and efficient operational workflows. Enhancing its distinct street presence, a custom public art installation was completed as part of the redevelopment, transforming this high-traffic corner into a recognizable local landmark. Whether you are looking to purchase a trophy asset along East Lansing's main commercial corridor or lease a perfectly fortified, modern facility right next to tens of thousands of university faculty, students, and affluent residents, this building is entirely future-proofed and ready for immediate possession.
Property Information
Property Type
Commercial Sale
Year Built
1971
Living Area
7,068 sq ft
Lot Size
0.69 acres
Lot Dimensions
irregular
Days on Market
5
MLS® Listing#
296614
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$36,371
Tax year 2025
Assessed Value
$463,600
Parcel Number
33-20-02-18-426-007
Directions
Just west of Hagadorn and Grand River on the south side of the road
Affordability Calculator
$440,000
Estimated monthly payment
$11,709/mo
Principal $1,760,000 · Est. interest $2,455,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Lansing, MI
- 48
- Median Days on Market
- 1,419
- Median Sq Ft
- $137
- Median Price / Sq Ft
- 776
- Active Listings
- Its price per sq ft is 127% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Lansing, MI.
Location
Points of Interest in East Lansing, MI
Showing the East Lansing area map.
Nearby Schools
Stepping Stones Montessori School
Elementary · 0.4 mi away
Eastminster Child Development Center
School · 0.7 mi away
Marble Elementary School
Elementary · 0.8 mi away
Douglas J Aveda Institute
Secondary · 0.8 mi away
City of El MacDonald Middle School
Secondary · 0.9 mi away
St. Thomas Aquinas Parish School
School · 1.0 mi away
East Lansing High School
Secondary · 1.1 mi away
Abbott Nursery School
Elementary · 1.2 mi away
Infrastructure Planning
School · 1.2 mi away
Aspiring Educators of Mea
School · 1.4 mi away
Greater Lansing Islamic School
School · 1.5 mi away
Montessori Radmoor School
Elementary · 1.6 mi away
Red Cedar Elementary School
Elementary · 1.7 mi away
Glencairn Elementary School
Elementary · 1.7 mi away
Donley Elementary School
Elementary · 1.7 mi away
Whitehills Elementary School
Elementary · 1.8 mi away
Okemos Nursery School
School · 2.0 mi away
Head Start
School · 2.1 mi away
Central Elementary School
Elementary · 2.2 mi away
Robert L. Green Community Council
School · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3205 Supply Road, East Bay Township, MI | $1,598,000 | — | — | 7,990 |
| 00 N Four Mile Road, East Bay Township, MI | $1,770,000 | — | — | — |
| 8952 Ridge Road, East Jordan, MI | $1,800,000 | 8 | 5 | 3,590 |
| 329-337 S Washington Square 329-337, Lansing City, MI | $1,800,000 | 12 | — | 18,700 |
| 906 E Shiawassee Street, Lansing, MI | $1,950,000 | — | — | 17,058 |
| 3900 Capital City Boulevard, Lansing, MI | $1,950,000 | — | 7 | 20,400 |
Moving Cost Estimate
EXIT Agents in East Lansing
Listing Courtesy: RE/MAX Real Estate Professionals Dewitt - 517-669-8118
Presented by: Matthew Smith