721 Michigan Ave Howell, MI 48843
This exceptional three-story, 3,658 square foot Class C office building, situated on a 0.34-acre lot in Howell, Michigan (APN 4717-36-304-018), presents a unique owner-user investment opportunity. Built in 1960 and extensively renovated in 2022, the property boasts a multi-unit configuration with two units, including a professional office suite and a four-bedroom, two-bathroom residence. The office space is ideally suited for a variety of professional services, featuring four private offices/exam rooms, an administrative office, and a welcoming lobby. Its location on the main corridor from I-96 to downtown Howell offers excellent visibility and accessibility. The B-2 zoning permits a range of uses. The asking price is $650,000, translating to $177.69 per square foot. The property is available for occupancy on June 1, 2024. This live/work opportunity, with its convenient location and versatile layout, offers significant potential for both business and residential income. The attached residence provides the perfect space for the owner or the potential for rental income. This is a rare chance to acquire a well-maintained, established property in a thriving Michigan community.
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Howell Chiropractic Alternative Medicine Practice
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Martin Zella Alternative Medicine Practice
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Pure & Simple Co Business Management Consultant
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.