2473-2517 E Grand River Ave - Office FOR SALE


Howell, MI 48843
$365,000 USD
810-923-2182
2473-2517 E Grand River Ave, Howell, MI for Sale
$365,000 USD
Office - FOR SALE
1/18
null | 6.32% Cap Rate

2473-2517 E Grand River Ave
Howell, MI 48843


HIGHLIGHTS

  • High visibility with Heavy Road Traffic
  • Total of 3 office spaces with two currently rented to long term tenants
  • Large Road Signage with Electricity
  • Parking lot seal coated and relined every 2 years
  • Close to downtown Howell

OVERVIEW

Fantastic Opportunity Near Downtown Howell! This Commercial Duplex, with high visibility on Grand River Ave, offers two separate business spaces with separate entrances on the main level, as well as a finished basement that has served as a third rentable office space multiple times. Current tenants occupy above ground spaces and have been long term tenants. Spacious parking lot that has been seal coated and relined every two years. Large business signage at the roadside with electrical/lighting. Allstate side offers a beautiful enclosed foyer, reception area, open space and two sizeable offices with glass doors. Doors and baseboard all new as well as updated HVAC for this building 2 years ago. There is also a bathroom and kitchenette and room for storage. Metro by T-Mobile has an accessible entry ramp and has undergone multiple upgrades. Vinyl Plank Flooring throughout and an open concept, light filled space, it also boasts a renovated bathroom in 2024. Lower level has separate entrance in back of building and was renovated in 2021 with drywall, new paint and new carpet. It also has its own bathroom, offers a large open space and additional 2 rooms/ offices. Owner used one side for his personal company prior to selling his business and rented out the other spaces for additional income. Don't miss the opportunity to do the same, or rent out all three! Take your next business venture to this beautiful building at an unbeatable location.

FOR SALE DETAILS

PRICE

$365,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

GCD

APN/PARCEL ID

11-06-101-022

ASK ABOUT THIS PROPERTY

Krista DaviesRemerica Integrity II RealtyMore Info
810-923-2182

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Krista DaviesRemerica Integrity II RealtyMore Info
810-923-2182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.