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    4306 Grand River Ave Howell, MI 48843

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    For Sale
    Contact for pricing

    Howell, MI office suites for sale/lease

    Property size:
    2,134 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Savannah Center, a Class B office condominium complex in Howell, Michigan, presents a unique investment opportunity. Built in 2005, this single, two-story building boasts 5 units ranging from 2,134 to 5,874 square feet, ideal for owner-users or investors. Located at 4306 E Grand River Ave, 48843, the property enjoys a prime location along a major commercial corridor with excellent expressway access and high visibility. The 1.68-acre lot is zoned GCD. Currently, the occupancy is 30%, with an occupancy date of September 1, 2024. Amenities include a common elevator and ADA-compliant restrooms. Unit finishes and configurations vary. The diverse tenant mix currently includes medical, legal, insurance, and marketing professionals. This modified lease property offers multiple opportunities for both sale and lease, making it an attractive option for a variety of businesses. The building's prominent location and convenient access make it a desirable destination for professionals seeking a well-established office space in a thriving commercial area.

    Property Features for 4306 Grand River Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,134 SF
    Class
    B
    Lot Size
    73,181 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    2
    Units
    5

    HighLights

    • Class B office condominium complex in Howell, MI, built in 2005.
    • Located on a 1.68‑acre lot (GCD zoning) at 4306 E Grand River Ave, offering high visibility on a major commercial corridor with excellent expressway access.
    • Five units ranging from 2,134 to 5,874 square feet, currently 30% occupied (September 1, 2024 occupancy date).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.867892015553
    Latitude
    42.584567860169

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    FAQs

    What type of property is this?
    Office Property / Space - Howell, MI office suites for sale/lease
    Where is this office property / space located?
    The property is located at 4306 Grand River Ave Howell, MI.
    What are key features of this property?
    This property features: Class B office condominium complex in Howell, MI, built in 2005.; Located on a 1.68-acre lot (GCD zoning) at 4306 E Grand River Ave, offering high visibility on a major commercial corridor with excellent expressway access.; Five units ranging from 2,134 to 5,874 square feet, currently 30% occupied (September 1, 2024 occupancy date).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4306 Grand River Ave Howell, MI 48843
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