340 Grand Riv Ave Webberville, MI 48892
This exceptional 1,500-square-foot office building in Webberville, Michigan, presents a compelling owner-user or investment opportunity. Located at 340 W Grand River Ave, this single-story, Class B building sits on a 0.77-acre lot and boasts a newly renovated interior (2023) and a brand-new parking lot. The property features five offices, four equipped with sinks and primary power hookups, two bathrooms (one full, one half), a dedicated lab, a spacious reception area, a fully furnished lobby, an in-house laundry facility, and an employee break room. Built in 1994, the building is zoned VC and offers a single tenancy. The asking price is $189,000, translating to $126 per square foot. Its convenient location off I-96 and the addition of a new restaurant next door promise significant future potential, making this a turnkey business and a strong investment for an established business or a new venture. This property is a rare find, combining modern amenities with a prime location. The property includes one building with a total of five units.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.