Turnkey Auto Service
For Sale
$499,000
895 W Shaw St, Howard City, MI 49329
Built in 2007 and offered as a turnkey package with tools, lifts, and shop equipment included.
Property Size2,760 SF
Price / SF$180.80
Days on Market95
Property Features for 895 W Shaw St
General Information
Standard status
Active
Size
2,760 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
2007
Listing Agency:
Century 21 Affiliated (GR)
Listed By:
Jason R Carlson
(616) 719-9329
Source:
Katie-k
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 7 at 3:15PM
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 Century 21 Affiliated (GR)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turnkey auto service dealership opportunity was built in 2007 and is presented as a combined real estate and operating business sale. The included package also covers tools, lifts, and shop equipment, supporting an efficient transition for the next buyer. The property has an established lot that fits roughly 30 vehicles, with physical vehicle inventory excluded and vehicle stock planned as a separate transaction.
Located in Howard City, MI on a major connector, the site is described as high-visibility with consistent local traffic. It is less than one mile from US-131 and provides immediate highway access, with the remarks noting it is approximately 35 minutes north of Grand Rapids.
The offering is positioned for a seamless continuation of operations, with the current owner outlining clear, actionable steps for expansion and profit improvement for the next buyer.
Located in Howard City, MI on a major connector, the site is described as high-visibility with consistent local traffic. It is less than one mile from US-131 and provides immediate highway access, with the remarks noting it is approximately 35 minutes north of Grand Rapids.
The offering is positioned for a seamless continuation of operations, with the current owner outlining clear, actionable steps for expansion and profit improvement for the next buyer.
Key Highlights
- Commercial facility built in 2007 on an established lot measuring 225 x 300.
- Composition roof and paved road access.
- Less than one mile from US‑131 with immediate highway access; about 35 minutes north of Grand Rapids.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,087
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,740
$841.7K
Cap Rate 7%
$601,243
$601.2K
Cap Rate 9%
$467,633
$467.6K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$61.6K $22.32/SF
− Vacancy
−$1.5K −$0.54/SF
EGI
$60.1K $21.78/SF
− OpEx
−$18.0K −$6.54/SF
NOI
$42.1K $15.25/SF
Area
Montcalm County, MI
Vacancy
2.40%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,740
Cap Rate 7%
$601,243
Cap Rate 9%
$467,633
Alternative Uses
Best Use
Industrial
$601.2K
$526.1K – $701.5K
NOI $42,087 @ 7.0% cap · market cap 8.43%
Second Best
Retail
$409.3K
$358.1K – $477.5K
NOI $28,651 @ 7.0% cap · market cap 5.74%
Theoretical Best
Self Storage
$38.20M
$33.42M – $44.56M
NOI $2,673,775 @ 7.0% cap · market cap 535.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Showroom - Built in 2007 and offered as a turnkey package with tools, lifts, and shop equipment included.
Where is this showroom located?
The property is located at 895 W Shaw St Howard City, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Commercial facility built in 2007 on an established lot measuring 225 x 300.; Composition roof and paved road access.; Less than one mile from US‑131 with immediate highway access; about 35 minutes north of Grand Rapids.
