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Property profile & analytics
OFF-MARKET
Office Spaces

340 Grand Riv Ave Webberville, MI 48892

1,500 SF 0.77 ac lot Built 1994
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1994
Total area 1,500 SF
Lot 0.77 ac (33,541 SF)
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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