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    OFF-MARKET
    Office buildings

    216 Grand Riv Ave 8, Williamston, MI 48895-1320

    1,789 SF 0.3 ac lot Built 1911
    Entity Owned ~ Est. High Equity
    Property ID
    US43-0923673
    Property summary
    AI-generated overview

    This exceptional 350-square-foot traditional office space presents a fantastic opportunity in the heart of Williamston, Michigan. Located at 216 E Grand River Ave, this single-tenant property boasts a convenient downtown location on the main thoroughfare. Built in 1920 and renovated in 2000, the building offers a single-story structure with a 7-foot ceiling height. The property sits on one acre of land and includes three parking spaces located behind the building, providing ample parking for tenants and clients. The space is currently vacant and ready for immediate occupancy. All utilities are included in the rental price, eliminating additional expenses. The building is electrically powered and zoned for commercial use. Its prime location offers excellent visibility and accessibility, making it ideal for a variety of businesses. This is a rare opportunity to secure a well-maintained, move-in ready office space in a thriving downtown area. The Ingham County location provides easy access to local amenities and a strong community presence. The property's address is 216 E Grand River Ave, Williamston, MI 48895, with a cross street of 216 W Grand River. This is a single-building property with a total of 350 square feet. Property taxes are $0 per square foot.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1911
    Total area 1,789 SF
    Lot 0.3 ac (12,937 SF)
    Zoning code C-1
    APN 33-18-03-35-476-009
    UPID US43-0923673
    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
    Current use
    Occupant on record · Public records
    • Smith DeRose Insurance Agency, Inc Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Derose Properties INC
    Derose Properties INC
    1 recorded transaction
    1969
    Zoning & alternative use
    C-1 · Williamston, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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