Active For Sale Investment

126 E Jefferson St

126 E Jefferson St, Grand Ledge, MI, 48837

ID 22492e5c

Overview

An exceptional value-add opportunity in the heart of Grand Ledge, Michigan, this stand-alone commercial building at 126 E. Jefferson Ave offers stable holding income under a single-tenant lease structure. With all utilities, routine interior maintenance, taxes, and groundskeeping handled directly by the tenant, the property provides near-zero landlord management responsibilities during the remaining term. Positioned in a vibrant commercial district, this 1970-built structure features dedicated parking and versatile zoning permitted for auto glass operations or other broad commercial uses under local ordinances. With the incumbent tenant unlikely to renew, this listing represents an ideal acquisition for an owner-user seeking to occupy a prime downtown facility in mid-2028, or an opportunistic investor ready to reposition and re-lease the space at prevailing market rates.

Additional Information

City
Grand Ledge
State
MI
Zip Code
48837
Primary Uses
Investment
Zoning
CBD
Building Name
Safelite Glass
Building Class
C
Floors
1
Year Built
1,970
Parking Spaces
5
Tenant
Safelite Glass
Gross Income
$14,394
NOI
$14,394
Pro Forma NOI
$14,394
Total Expenses
$0
Average Occupancy Rate
100%