2700 E Grand River Ave
Howell, MI 48843
Retail Redevelopment/Re-Purpose · Retail Property For Sale

Tenpenny Furniture store has long been a contributing, stable retail tenant in the strong retail corridor of E Grand River in Genoa Township. They have now decided to sell the property and retire this location. The 2.2+/- acre property has 370' of frontage along E Grand River and sits upon a very visible hilltop. Existing buildings on the site include the main structure with 20,196 SF and a storage outbuilding with 1,200 SF. The main structure was built into a hill allowing for walkout access to the basement on approx. half the building. There is one other existing tenant in the building, Child Connect, currently on a month to month lease of $1,600/month. The entire main structure has had a New Duro-Last roof installed in the past 2 years, providing a best in class 20 year warranty. Current tenant and owner, Tenpenny, plans to vacate the property upon sale. Therefore, this property is perfectly situated for either an owner/occupant re-tenant or a development concept of re-purposing the existing structure for multi-tenant space, to a complete redevelopment of the site. Property is located in the heart of Genoa Township, Michigan, along heavily trafficked Grand River Avenue with over 24,000 vehicles per day. The City of Howell is less than 1 mile to the West, and City of Brighton 9 miles to the East. Grand River Ave is the core retail corridor of the area with retailers Meijer, Home Depot, Walmart, Lowes, Aldi, Walgreens, O'Reilly's and Advance Auto located within a relative distance to the property.