401 Grand River AveHowell, MI 48843

  • Commercial real estate
  • 292 SF
For Sale
$499,900 View listing

Property Details for 401 Grand River Ave

Year built
1962
Lot size
0.20 AC
Property size (Sq ft)
292 SF
Zone code
B-1
Property type
Commercial real estate
APN
17-36-307-043
APU
1736307043

Description

This exceptional 0.2-acre industrial property, located at 401 E Grand River in the heart of downtown Howell, Michigan, presents a compelling redevelopment opportunity for discerning investors. The site boasts an impressive 292 square feet of existing building space and benefits from excellent frontage and high visibility on Grand River Avenue, a major thoroughfare. The property's dimensions measure 66 feet by 132 feet, providing ample space for a variety of potential projects. Currently zoned O-1 Office, this versatile location offers significant potential for adaptive reuse or new construction. Its prime downtown Howell location ensures easy access to local amenities, businesses, and a strong workforce. The asking price is $499,900, representing a significant investment opportunity in a thriving Michigan community. This property is ideal for developers seeking a high-impact project in a desirable location with strong visibility and access. The existing structure provides a solid foundation for redevelopment, while the zoning allows for a range of possibilities. Don't miss this chance to acquire a strategically located property with substantial upside potential in the vibrant Howell market. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $57,216
    Hospitality
    $52,409
    Educational
    $43,604
    Medical
    $45,104
    Retail
    $67,828
401 Grand River Ave, Howell, Michigan

Location Insight

City
Howell
County
Livingston
State
Michigan
Latitude
42.6057
Longitude
-83.9266
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,390
-
-
$142,800
-
-
-
$285,600

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