2426 E Grand River Ave, Howell, MI 48843
For Lease
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This exceptional investment opportunity presents two commercial buildings situated in Howell's General Commercial District (GCD), boasting unparalleled visibility on a prime corner lot. The main building, located at 2426 E Grand River, offers a substantial 1,692 square feet of space. This building features a dynamic two-story reception area ideal for a lobby or retail space, providing a welcoming atmosphere for clients and customers. The main level includes four offices and a full bathroom, ensuring ample space for administrative functions. The building also benefits from a convenient 924 square foot area at street level with a separate rear entrance offering an additional 768 square feet. All mechanical systems have been updated, and the exterior requires minimal maintenance. A newly repaved asphalt parking lot, completed in 2023, provides convenient parking for employees and visitors. This property enjoys high traffic exposure, with an estimated 24,000 cars passing daily. This offering is a combined sale with a second property (MLS #20240072835, located at 51 Chilson Rd, Howell), a 4,000 square foot office space complete with a separate warehouse and full basement. Both properties must be purchased together to complete this transaction. This combined purchase presents a unique opportunity to acquire a significant commercial footprint in a thriving Howell location. The 0.24-acre lot provides ample space for operations and potential future expansion.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GCD · Howell, MIHowell. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.