315 E Grand River Ave - Movie Theatre FOR SALE


Howell, MI 48843- Downtown Howell
$1,200,000 USD
810-227-1016
315 E Grand River Ave, Howell, MI for Sale
$1,200,000 USD
Movie Theatre - FOR SALE
1/18
null | Request Cap Rate

315 E Grand River Ave
Howell, MI 48843
Downtown Howell


HIGHLIGHTS

  • Historic theater building constructed in 1927.
  • Three leased apartments provide existing income.
  • Located in Downtown Howell along East Grand River Avenue.
  • Theater is currently configured with two screening rooms.
  • Updated entry area and restroom facilities.
  • Positioned within Howell's established commercial district.

OVERVIEW

The Howell Theater presents an opportunity to acquire a historic mixed-use asset in Downtown Howell. Originally constructed in 1927, the property combines a long-standing theater venue with three leased residential apartments located above the main entertainment space. The apartments currently generate reported rental income, providing an existing revenue component alongside the commercial portion of the asset. The theater has undergone multiple updates over time and is currently configured with two screening rooms, offering flexibility for continued entertainment use or potential reconfiguration subject to buyer objectives and applicable approvals. The entrance area and restroom facilities have reportedly been updated, contributing to the property's ongoing operation and functionality. Positioned along East Grand River Avenue within Howell's central business district, the property benefits from a walkable downtown setting surrounded by local businesses, restaurants, professional services, and community destinations. Downtown Howell serves as the county seat of Livingston County and offers convenient access to regional transportation routes, including I-96, supporting connectivity to the greater Detroit and Lansing markets. The property's location within the established downtown environment provides visibility, street presence, and proximity to the area's commercial activity. The combination of a historic theater component, existing residential income, downtown location, and adaptable interior configuration creates an opportunity for investors, owner-users, or entertainment operators seeking a distinctive asset within one of Livingston County's established downtown districts.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howell Theater

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R-1

APN/PARCEL ID

17-36-301-041

ASK ABOUT THIS PROPERTY

Scott GriffithGriffith RealtyMore Info
810-227-1016

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Scott GriffithGriffith RealtyMore Info
810-227-1016

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