205 Grand Riv Ave Howell, MI 48843-2238
This exceptional 1,980 square foot industrial property, situated in the heart of downtown Howell, Michigan, presents a unique opportunity for businesses seeking a beautifully remodeled space. Completely renovated in 2011, the building boasts updated plumbing and a new furnace, ensuring efficient and modern functionality. The electrical system has been upgraded to 12-2 wiring, complemented by CAT 5 and RG6 cabling for robust communication infrastructure. The interior was meticulously rebuilt, featuring R-13 insulation and new drywall, creating a comfortable and energy-efficient environment. High-quality finishes are evident throughout, including stone tile entryway, solid oak interior doors, and oak file drawers ideal for a reception area. The functional layout includes two private offices, a spacious conference room, a dedicated file closet, and a well-equipped kitchen with a full-size refrigerator and microwave, plus a wet bar. Additional space includes a 12x20 foot unfinished storage area and two updated bathrooms. Exterior improvements are equally impressive, showcasing a new rubber roof, updated windows and doors, attractive exterior stone with a smooth dryvit finish, and a newly constructed drive and parking area featuring stamped concrete accents. The property sits on a 0.06-acre lot, offering convenient access and visibility in a thriving downtown area. This turnkey property is priced at $500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Howell, MIHowell. Always verify with local authorities before improvements.
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.