Office Unit with
For Sale
$229,000
568 Shaw Street, Howard City, MI 49329
Commercial Sale, Howard City, MI
Property Size1,100 SF
Lot Size0.95 Acres
Price / SF$208.18
Days on Market235
Property Features for 568 Shaw Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Parking
10
Interior features
Broadband
Elementary school district
Tri County
Middle school district
Tri County
High school district
Tri County
Directions
Take Exit 118 (Howard City exit), If coming from the south (Grand Rapids area), turn right off the exit ramp, If coming from the north (Big Rapids area), turn left at the end of the ramp, Head east on Howard City-Edmore Rd toward town, Continue for approximately 1 mile into Howard City, Turn left onto Shaw St, Continue to 568 Shaw St
Standard status
Active
APN
59-047-252-002-00
Size
1,100 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
S 419 FT OF W 99 FT OF BLK B SECOND ADDITION TO VILLAGE OF HOWARD CITY.
Tax Annual Amount
739
Legal Description
S 419 FT OF W 99 FT OF BLK B SECOND ADDITION TO VILLAGE OF HOWARD CITY.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Water source
Well
Building Details
Year built
1945
Floors in Building
1
Number of units
1
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Ensley Real Estate
(616) 696-7653
Listed By:
Patrick J Ensley · License #6501379470
(616) 299-3933
Added: Feb 16
Changed: Oct 8
Last Checked: Oct 9 at 7:06AM
MLS# 26005574
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office-oriented commercial property at 568 Shaw Street includes 1,100 square feet of building area on a 0.95-acre parcel. The 1945 building has aluminum siding, a metal roof, forced-air heating, one bathroom, and a basement. Broadband and cable are available, and the property is served by a well.
Commercial zoning supports the property’s office classification, while residential use is not permitted under the current zoning regulations. The address is in Howard City, Montcalm County, Michigan, with a 49329 ZIP code. The combination of an existing building, substantial land area, and basement provides a defined physical layout for commercial occupancy.
Commercial zoning supports the property’s office classification, while residential use is not permitted under the current zoning regulations. The address is in Howard City, Montcalm County, Michigan, with a 49329 ZIP code. The combination of an existing building, substantial land area, and basement provides a defined physical layout for commercial occupancy.
Key Highlights
- 1,100‑square‑foot office property on 0.95 acres
- Commercial zoning; residential use is not permitted
- Built in 1945 with aluminum siding and a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,624
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,480
$252.5K
Cap Rate 7%
$180,343
$180.3K
Cap Rate 9%
$140,267
$140.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$21.0K $19.08/SF
− Vacancy
−$4.2K −$3.78/SF
EGI
$16.8K $15.30/SF
− OpEx
−$4.2K −$3.83/SF
NOI
$12.6K $11.48/SF
Area
Montcalm County, MI
Vacancy
19.80%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,480
Cap Rate 7%
$180,343
Cap Rate 9%
$140,267
Alternative Uses
Best Use
Office B
$180.3K
$157.8K – $210.4K
NOI $12,624 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$15.22M
$13.32M – $17.76M
NOI $1,065,635 @ 7.0% cap · market cap 465.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 49329, MI
8,707
Population
3,824
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
89%
High-School Grad
78.6 sq mi
ZIP Area
111
Density / Sq Mi
$71,585
Median Household Income
$37,418
Median Earnings
$870
Median Rent
$190,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Commercially zoned office property with broadband availability and dedicated basement space.
Where is this office units located?
The property is located at 568 Shaw Street Howard City, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1,100‑square‑foot office property on 0.95 acres; Commercial zoning; residential use is not permitted; Built in 1945 with aluminum siding and a metal roof
