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    214 Washburn St Howard City, MI 49329

    For Sale
    $20,000,000

    Distribution center built for Wolverine Worldwide with expansion in 2003.

    Lot size:
    23.39 Acres

    Property Features for 214 Washburn St

    General Information

    Lot size
    23.39 Acres

    Source: CBRE Agent Geoffrey Meekhoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wolverine Distribution Center for Sale

    The Wolverine Distribution Center, constructed in 1998 as a build-to-suit property for Wolverine Worldwide, is available for purchase. A 111,000 square foot addition was completed in 2003, expanding the initial 357,000 square foot facility. The property's location in Howard City was strategically selected for its central positioning and its proximity to Wolverine Worldwide's headquarters, situated approximately 20 minutes to the south. The location provides convenient access to 131, facilitating efficient shipping operations. The clear heights and existing infrastructure make this a critical receiving and distribution facility for Wolverine Worldwide’s current and future product lines. Wolverine Worldwide has occupied the distribution center for over 25 years and continues to operate at full capacity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wolverine World Wide ... Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Howard City
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.468937
    Latitude
    43.386607

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    FAQs

    What type of property is this?
    Distribution center - Distribution center built for Wolverine Worldwide with expansion in 2003.
    Where is this distribution center located?
    The property is located at 214 Washburn St Howard City, MI.
    What is the asking price?
    The asking price for this property is $20,000,000.
    What are key features of this property?
    This property features: - Strategic central location with convenient access to 131 for seamless shipping.; - Long-term tenant: Wolverine Worldwide has occupied the space for over 25 years.; - Built-to-suit facility for Wolverine Worldwide in 1998, with expansion in 2003.
    (616) 262-0538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214 Washburn St Howard City, MI 49329
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