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Howell Theater 315 E Grand River Ave 11,500 SF Retail Building Howell, MI 48843 $1,200,000 ($104.35/SF)



Investment Highlights
- Historic theater building constructed in 1927.
- Located in Downtown Howell along East Grand River Avenue.
- Updated entry area and restroom facilities.
- Three leased apartments provide existing income.
- Theater is currently configured with two screening rooms.
- Positioned within Howell's established commercial district.
Executive Summary
The Howell Theater presents an opportunity to acquire a historic mixed-use asset in Downtown Howell. Originally constructed in 1927, the property combines a long-standing theater venue with three leased residential apartments located above the main entertainment space. The apartments currently generate reported rental income, providing an existing revenue component alongside the commercial portion of the asset.
The theater has undergone multiple updates over time and is currently configured with two screening rooms, offering flexibility for continued entertainment use or potential reconfiguration subject to buyer objectives and applicable approvals. The entrance area and restroom facilities have reportedly been updated, contributing to the property's ongoing operation and functionality.
Positioned along East Grand River Avenue within Howell's central business district, the property benefits from a walkable downtown setting surrounded by local businesses, restaurants, professional services, and community destinations. Downtown Howell serves as the county seat of Livingston County and offers convenient access to regional transportation routes, including I-96, supporting connectivity to the greater Detroit and Lansing markets. The property's location within the established downtown environment provides visibility, street presence, and proximity to the area's commercial activity.
The combination of a historic theater component, existing residential income, downtown location, and adaptable interior configuration creates an opportunity for investors, owner-users, or entertainment operators seeking a distinctive asset within one of Livingston County's established downtown districts.
The theater has undergone multiple updates over time and is currently configured with two screening rooms, offering flexibility for continued entertainment use or potential reconfiguration subject to buyer objectives and applicable approvals. The entrance area and restroom facilities have reportedly been updated, contributing to the property's ongoing operation and functionality.
Positioned along East Grand River Avenue within Howell's central business district, the property benefits from a walkable downtown setting surrounded by local businesses, restaurants, professional services, and community destinations. Downtown Howell serves as the county seat of Livingston County and offers convenient access to regional transportation routes, including I-96, supporting connectivity to the greater Detroit and Lansing markets. The property's location within the established downtown environment provides visibility, street presence, and proximity to the area's commercial activity.
The combination of a historic theater component, existing residential income, downtown location, and adaptable interior configuration creates an opportunity for investors, owner-users, or entertainment operators seeking a distinctive asset within one of Livingston County's established downtown districts.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theater
Building Size
11,500 SF
Building Class
C
Year Built
1927
Price
$1,200,000
Price Per SF
$104.35
Tenancy
Single
Building Height
2 Stories
Building FAR
1.26
Lot Size
0.21 AC
Zoning
R-1
Parking
42 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-36-301-041 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $120,300 |
Property Taxes
Parcel Number
17-36-301-041
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$120,300
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Howell Theater | 315 E Grand River Ave
