www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32260431
32260430

501 East Grand River Avenue, East Lansing, MI 48823 For Sale

SS
MI MI427828
Simon & Associates Real Estate
Listed by Simon & Associates Real Estate
$389,000
77 days on market
Updated 77 days ago

501 East Grand River Avenue

Details
Property Type Retail, Business for Sale
Sub Type Business Only
Square Footage 4,000
NOI $420,000
Tenancy Single
Investment Type Owner/User
Ground Lease No

100% Leased

Marketing description

Take advantage of this rare opportunity to acquire a fully operational, turnkey coffee shop with a strong presence in a high-demand market. This well-established café is fully built out and equipped, offering a seamless transition for a new owner to step in and continue operations immediately.

The space has been thoughtfully designed to create an inviting atmosphere for customers while maintaining an efficient workflow for staff. With a loyal customer base and steady foot traffic, the business is positioned for continued success and future growth.

This opportunity is ideal for an owner-operator, investor, or entrepreneur looking to enter or expand within the coffee industry without the time, cost, and uncertainty of starting from scratch. The existing setup provides a solid foundation with the flexibility to enhance the concept, expand offerings, or tailor the brand to a new vision.

Ownership circumstances present a unique opportunity to acquire a fully functioning café with immediate upside potential. Whether continuing the current model or introducing new ideas, this business is ready for its next phase of growth.

Investment highlights

Established, Operating Business: Fully functional coffee shop with an existing customer base and proven concept already in place.

Turnkey Opportunity: Complete buildout with all furniture, fixtures, and equipment included, allowing for an immediate transition.

Consistent Revenue Stream: Actively operating with ongoing sales and strong local demand.

High-Traffic Location: Positioned in a visible area with steady foot traffic and strong surrounding activity.

Growth Potential: Opportunities to expand through menu enhancements, extended hours, catering, or delivery services.

Flexible Branding: Option to continue under the current concept or transition to an independent brand, subject to applicable agreements.

Operational Systems in Place: Established workflows, setup, and infrastructure to support day-to-day operations.

Immediate Income Potential: Business is running and generating income from day one.

Attractive Acquisition Opportunity: Positioned as a compelling entry point for investors or owner-operators.

Motivated Ownership: Unique circumstances create a favorable opportunity for the next owner.

Listing Contacts

SS
MI MI427828
Simon & Associates Real Estate
Listed by Simon & Associates Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$420,000.00
$35,000.00/mo

Valuation Metrics

0
DSCR
107.97%
Cap Rate
107.97%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Simon Saleh
License
MI427828
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591