Restaurant and Bar Building with
2830 E Grand River Ave Howell, MI 48843
2830 E Grand River Ave, Howell, MI, 48843
$1,200,000
Pending
For Sale
$1,200,000
Pending
Restaurant and bar space with a commercial-grade kitchen, fenced patio, and ample parking on 3 commercially zoned acres.
Property Size7,000 SF
Lot Size3.00 Acres
Days on Market86
Property Features for 2830 E Grand River Ave
General Information
- Standard status
- Pending
- Size
- 7,000 SF
- Lot size
- 3.00 Acres
- Property subtype
- Land
Listing agency
Avera Realty
(734) 330-6501
Listed by
Krista Davies · License #6501388642
(734) 330-6501
Source
Elliman
Added: Apr 27 Updated: Jul 20 at 5:42PM Checked: Jul 21 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avera Realty
Investment Insights
Based on property information with market context.
This building offers over 7,000 square feet of usable space for bar/restaurant and event-style use, featuring a fully functional commercial-grade kitchen and a bar. There is a large open room with a stage that can be included in the sale, along with an on-site oversized shed for additional storage and an office suitable for running day-to-day operations. A fenced-in patio space is accessible from inside the building, and there is abundant indoor storage.
The property sits on 3 commercially zoned acres and is set back approximately 252 feet from the road. The site includes a large parking lot that can accommodate up to 100 cars, plus additional unimproved land that may support future use subject to township discussion. The property is located at 2830 E Grand River Ave, Genoa Township, Michigan.
Building improvements include a roof that is approximately 12 years old, recently remodeled ADA-compliant bathrooms, and three furnaces/AC units with one replaced about four years ago and another re-fabricated last year.
The property sits on 3 commercially zoned acres and is set back approximately 252 feet from the road. The site includes a large parking lot that can accommodate up to 100 cars, plus additional unimproved land that may support future use subject to township discussion. The property is located at 2830 E Grand River Ave, Genoa Township, Michigan.
Building improvements include a roof that is approximately 12 years old, recently remodeled ADA-compliant bathrooms, and three furnaces/AC units with one replaced about four years ago and another re-fabricated last year.
Key Highlights
- Over 7,000 sq ft of usable restaurant/bar space with a commercial‑grade kitchen
- Located on 3 commercially zoned acres with 252 ft of road setback on Grand River Ave
- Fenced patio space accessible from inside
Local Financial Insights For Specialty 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 | $105.0k | $15.00 |
| − Vacancy | −$2.7k | −$0.39 |
| EGI | $102.3k | $14.61 |
| − OpEx | −$25.6k | −$3.65 |
| NOI | $76.7k | $10.96 |
7,000 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.10M
$958.8K – $1.28M
NOI $76,703 @ 7.0% cap · market cap 6.39%
Second Best
Industrial
$606.7K
$530.9K – $707.8K
NOI $42,468 @ 7.0% cap · market cap 3.54%
Theoretical Best
Healthcare Medical
$1.11M
$975.6K – $1.30M
NOI $78,049 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Elks Lodge
Volunteer Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Bar & Pub - Restaurant and bar space with a commercial-grade kitchen, fenced patio, and ample parking on 3 commercially zoned acres.
Where is this bar & pub located?
The property is located at 2830 E Grand River Ave Howell, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Over 7,000 sq ft of usable restaurant/bar space with a commercial‑grade kitchen; Located on 3 commercially zoned acres with 252 ft of road setback on Grand River Ave; Fenced patio space accessible from inside
