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1234 E Grand River Ave
East Lansing, MI 48823
Retail Property For Sale

Investment Highlights

  • Multi-floor secure transport; 3 integrated dumbwaiters & high-capacity elevator
  • Private parking
  • MSU Proximity

Executive Summary

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.
Fortified Perimeter Control: The fully fenced property and secure multi-threshold entry systems allow for strict access control and secure, private loading of high-value inventory.
Vault-Ready Infrastructure: Heavy masonry construction coupled with commercial-grade alarm fabrics and a comprehensive, multi-angle camera network provides an immediate baseline for rigorous insurance compliance.
Multi-Floor Secure Transport: The three integrated dumbwaiters and high-capacity elevator allow staff to move precious goods securely between levels without ever utilizing public hallways or customer-facing spaces.
Exclusive Campus Proximity: Unbeatable visibility along Grand River Avenue positions your firm directly in front of MSU’s top tier of university executives, athletic departments, alumni base, and visiting professionals.
Private Executive Client Parking: The 0.7-acre parcel features dedicated, private on-site parking within the secure boundary—a premium rarity so close to campus.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,505 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1971
Price
$3,095,400 CAD
Price Per SF
$475.85 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.70 AC
Zoning
EV - East Village Mixed Use
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
56’ on Grand River Ave

Amenities

  • 24 Hour Access
  • Mezzanine
  • Security System
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

Property Taxes

Property Taxes

Parcel Number
20-02-18-426-007
Land Assessment
$355,947 CAD
Improvements Assessment
$301,753 CAD
Total Assessment
$657,700 CAD
  • Listing ID: 41006105

  • Date on Market: 2026-06-21

  • Last Updated:

  • Address: 1234 E Grand River Ave, East Lansing, MI 48823

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