Retail Space Across from MSU

431 E Grand River Ave. East Lansing, MI 48823

431 E Grand River Ave., East Lansing, MI, 48823
431 E Grand River Ave., East Lansing, MI, 48823 431 E Grand River Ave., East Lansing, MI, 48823 431 E Grand River Ave., East Lansing, MI, 48823 431 E Grand River Ave., East Lansing, MI, 48823 431 E Grand River Ave., East Lansing, MI, 48823 431 E Grand River Ave., East Lansing, MI, 48823
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jun 25, 2025

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LEASE RATE: $27.50 PSF/YR, NNN AVAILABLE SPACE: 3,108 SF - formerly occupied by Hungtington Bank • Excellent for retail, restaurant, service or bank • Coveted location in the heart of downtown East Lansing • Zoned B3, City Center Commercial • Located directly across from Michigan State University • 63,000+ MSU students & faculty create steady foot traffic • High-visibility site near The Student Book Store • Zoned B3, City Center Commercial • Close to Panda Express, State News, Starbucks, Chipotle, No Thai!, Jackson Zone, Douglas J. Aveda Institute, MSU Innovation Center and plenty of ramp and surface parking • Only blocks from Target, Walgreens, Graduate Hotel and more!

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Map of 431 E Grand River Ave., East Lansing, MI, 48823

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.