140 E Grand River Avenue, Fowlerville, MI 48836
Real Estate Only - Fowlerville, MI
- Added:
- Nov 6, 2025
- Days on Market:
- 226
- Last Refresh:
- Jun 20 at 11:06 am
Property Features for 140 E Grand River Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active Under Contract
- APN
- 0511302033
- Size
- 1,980 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5483
Building Details
- Year built
- 1900
- Year renovated
- 2025
- Building materials
- Brick, Stucco
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Paul J Harmon (517) 223-9193
Listing office Harmon Real Estate LLC P O Box 159, Fowlerville, MI (517) 223-9193
Listing date Nov 6, 2025
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely remodeled with all‑new mechanicals, roof, ceiling, and drywall.
- Prime downtown location within the 100 block.
- Zoned for Business Center use, allowing for retail, offices, salons, banks, and more.
- Turnkey opportunity, ready for immediate occupancy.
- Benefits from a new municipal parking lot with over 85 spaces (completion in 2026).
- 1,980 square feet of commercial space.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.6k | $18.00 |
| − Vacancy | −$6.4k | −$3.22 |
| EGI | $29.3k | $14.78 |
| − OpEx | −$8.8k | −$4.43 |
| NOI | $20.5k | $10.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fowlerville
- County
- Livingston
- State
- Michigan
- Longitude
- -84.073404
- Latitude
- 42.660879