Automotive Property with Shop
For Sale
$499,000
895 W Shaw Street, Howard City, MI 49329
Commercial Sale, Howard City, MI
Property Size2,760 SF
Lot Size1.45 Acres
Price / SF$180.80
Days on Market104
Property Features for 895 W Shaw Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Elementary school district
Tri County
Middle school district
Tri County
High school district
Tri County
Standard status
Active
APN
047-434-554-12
Size
2,760 SF
Lot size
1.45 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 2 AND E 1/2 OF LOT 3 BENNETT PLAT NO. 1 VILLAGE OF HOWARD CITY
Tax Annual Amount
5100
Legal Description
LOT 2 AND E 1/2 OF LOT 3 BENNETT PLAT NO. 1 VILLAGE OF HOWARD CITY
Utilities
Utilities
Phone Available
Heating system
Forced Air
Building Details
Year built
2007
Floors in Building
2
Number of units
1
Building materials
Block, Vinyl Siding
Roof type
Composition
Listing Agency:
Century 21 Affiliated (GR)
(616) 369-4040
Listed By:
Jason R Carlson
(616) 719-9329
Added: Jul 14
Changed: Oct 8
Last Checked: Oct 25 at 3:06PM
MLS# 26037661
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.
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Investment Insights
Based on property information with market context.
This automotive property includes 2,760 square feet on a 1.45-acre site, with real estate and operating business assets included in the sale. Built in 2007, the facility features block and vinyl siding, forced-air heating, a composition roof, and two bathrooms. Tools, vehicle lifts, and shop equipment are included, while physical vehicle inventory is excluded and will be handled separately. The vehicle lot accommodates roughly 30 vehicles.
The property is located in Howard City, less than one mile from US-131 and approximately 35 minutes north of Grand Rapids. Highway access and phone availability are also identified among the property features.
The property is located in Howard City, less than one mile from US-131 and approximately 35 minutes north of Grand Rapids. Highway access and phone availability are also identified among the property features.
Key Highlights
- 2,760‑square‑foot automotive facility on 1.45 acres
- Built in 2007 with block and vinyl siding
- Lot fits roughly 30 vehicles
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
Yes
Paved road 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?
Automotive property - Includes operating business assets, vehicle lifts, tools, and shop equipment; physical vehicle inventory is excluded.
Where is this automotive property located?
The property is located at 895 W Shaw Street 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: 2,760‑square‑foot automotive facility on 1.45 acres; Built in 2007 with block and vinyl siding; Lot fits roughly 30 vehicles
