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    FOR SALE
    Commercial real estate

    4306 E Grand River Ave, Howell, MI 48843

    5,874 SF 0.08 ac lot
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1630980
    4306 E Grand River Ave, Howell, MI 48843 For Sale
    $185,000 5,874 SF
    4306 E Grand River Ave, Howell, MI 48843
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    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL CONDOMINUIM
    Total area 5,874 SF
    Lot 0.08 ac (3,659 SF)
    Zoning code GCD
    APN 11-09-101-008
    UPID US43-1630980
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Haven Property Management LLC · 5 yrs held
    Haven Property Management LLC
    since 2020
    3 recorded transactions
    2020
    $196,500
    2017
    1969
    Zoning & alternative use
    GCD · Howell, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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