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Property profile & analytics
OFF-MARKET
Commercial real estate

205 Grand Riv Ave Howell, MI 48843-2238

1,980 SF 0.06 ac lot Built 1980
Entity Owned 15-yr Hold Free & Clear
Property ID
US43-0077824
Property summary
AI-generated overview

This exceptional 1,980 square foot industrial property, situated in the heart of downtown Howell, Michigan, presents a unique opportunity for businesses seeking a beautifully remodeled space. Completely renovated in 2011, the building boasts updated plumbing and a new furnace, ensuring efficient and modern functionality. The electrical system has been upgraded to 12-2 wiring, complemented by CAT 5 and RG6 cabling for robust communication infrastructure. The interior was meticulously rebuilt, featuring R-13 insulation and new drywall, creating a comfortable and energy-efficient environment. High-quality finishes are evident throughout, including stone tile entryway, solid oak interior doors, and oak file drawers ideal for a reception area. The functional layout includes two private offices, a spacious conference room, a dedicated file closet, and a well-equipped kitchen with a full-size refrigerator and microwave, plus a wet bar. Additional space includes a 12x20 foot unfinished storage area and two updated bathrooms. Exterior improvements are equally impressive, showcasing a new rubber roof, updated windows and doors, attractive exterior stone with a smooth dryvit finish, and a newly constructed drive and parking area featuring stamped concrete accents. The property sits on a 0.06-acre lot, offering convenient access and visibility in a thriving downtown area. This turnkey property is priced at $500,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 1,980 SF
Lot 0.06 ac (2,701 SF)
Zoning code CBD
APN 17-36-307-014
UPID US43-0077824
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dshbc Holdings LLC · 15 yrs held
Dshbc Holdings LLC
since 2010
5 recorded transactions
2020
Price N/A
2010
$93,000
2006
$50,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Howell, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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