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805 Shaw St Howard City, MI 49329

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For Sale
$890,000

Grocery/Convenience Store, High ROI

Property size:
9,180 SF

Property Features for 805 Shaw St

General Information

Property type
Individual retail properties
Square Feet
9,180 SF
Lot Size
74,923 SF

Building Details

Stories
1

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Listing Contact
David Rapp
David Rapp

Listing Agency: Advantage Commercial Real Estate Listing Agent: David Rapp

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

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Property Insight Report

Overview

This Howard City, MI property offers a compelling investment opportunity. The 9,180 square foot free-standing building, constructed in 2006, is currently occupied by a Family Dollar store under a lease with four remaining 5-year renewal options, expiring June 30, 2026. Located at 805 Shaw St, on a 1.72-acre lot, this single-story retail space boasts a strong 6.99% cap rate and a net operating income (NOI) of $62,197. The asking price is $890,000, translating to $96.95 per square foot. The property's prime location in the heart of Howard City's retail district ensures consistent foot traffic and strong tenant occupancy. This is an owner/user NNN lease property, providing a stable income stream and significant potential for long-term growth. The property's solid tenant history and favorable lease terms make it an attractive investment for both seasoned and emerging investors seeking a reliable and profitable retail asset in a thriving Michigan market. The property is zoned for convenience store and grocery store uses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Family Dollar Discount Store Redbox Cinema General Shipples Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Howard City
County
Montcalm
State
Michigan
Longitude
-85.482661440227
Latitude
43.3957181582

FAQs

What type of property is this?
Individual retail property - Grocery/Convenience Store, High ROI
Where is this individual retail property located?
The property is located at 805 Shaw St Howard City, MI.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: $890,000 asking price for this 9,180 square foot retail property.; Located in Howard City, MI, at 805 Shaw St, on a 1.72-acre lot.; The property is a single-story building currently occupied by Family Dollar, operating under a NNN lease.
More about this property
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