126 E Jefferson

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.

• Current Occupancy: Leased to Safelite Glass through August 14, 2028, offering reliable holding income.
• Low-Maintenance Expense Structure: Tenant covers day-to-day interior maintenance, HVAC, plumbing, utilities, snow removal, lawn care, insurance, and real estate taxes.
• Minimal Landlord Obligations: Capital responsibilities are limited strictly to outer structural walls, foundation, and major structural element replacements.
• Flexible Zoning & Use: Approved for auto glass/replacement glass operations or broad commercial applications compliant with local zoning codes.
• Value-Add Potential: Ideal for future owner-occupants planning ahead or investors aiming to mark rents to market upon lease expiration.