Property profile

2473 Grand Riv Ave Howell, MI 48843

OFF-MARKET
Other commercial real estate
Property ID
US43-1503305
2,160 SF 0.5 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A commercial duplex property near downtown Howell with frontage and high-visibility presence on Grand River Avenue. The building contains two separate main-level business spaces, each with its own entrance, plus a finished basement that has been used as an additional office space; the basement has a separate rear entrance. The structure totals approximately 2,760 square feet and sits on a 0.5-acre lot. Each main-level side includes office and reception/open areas, with one side featuring an enclosed foyer and interior glass-door offices and the other side featuring an accessible entry ramp and an open-concept layout; both sides include dedicated support areas such as a bathroom, kitchenette, and/or storage depending on the unit. Exterior and site features include roadside business signage with electrical lighting and an on-site parking lot that has been seal coated and relined on a recurring two-year basis. Documented improvements include door and baseboard updates on one side and HVAC replacement installed approximately two years prior, along with flooring, bathroom renovation, and other upgrades documented on the other side (including a renovated bathroom in 2024). The lower level was renovated in 2021 with interior finishes including drywall, new paint, and new carpet and includes its own bathroom, a large open area, and two additional rooms/offices. The property is zoned commercial.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,160 SF
Lot 0.5 ac (21,693 SF)
Zoning code GCD
APN 11-06-101-022
UPID US43-1503305

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
  • (Bike/Boat/Book/etc) Store
  • Business Management Consultant
  • Telecommunications Service

Location

2473 Grand Riv Ave Howell, MI 48843-8547
Howell metro Census 742403 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2026
$344,350

Zoning & alternative use

GCD · Howell, MI

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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