Property profile

2518 Grand River Ave Howell, MI 48843

OFF-MARKET
Community centers
6,914 SF
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Property summary

AI-generated overview

Newtowne Center, located at 2518-2620 E. Grand River Avenue in Howell, Michigan, presents a unique opportunity for retail businesses seeking a prominent presence in Livingston County. This Class B community center offers a total of 6,914 square feet of retail space, currently entirely vacant and available for lease. The property is divisible into units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 3,189 square feet, providing flexibility for various business needs and sizes. The center's strategic location on East Grand River Avenue ensures high visibility and accessibility for customers. The property's 48843 zip code places it within a thriving community, offering excellent potential for attracting a diverse customer base. With its ample space and prime location, Newtowne Center is an ideal choice for businesses looking to establish or expand their operations in a bustling Michigan market. The entire 6,914 square feet is currently available, presenting a rare opportunity to secure a significant retail presence in a desirable location. Interested parties are encouraged to inquire about lease terms and availability.

Property profile

Verified
Property type Community centers
Total area 6,914 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service
  • Bank Credit Union

Location

2518 Grand River Ave Howell, MI 48843
Howell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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