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5580 E Grand River Ave
Howell, MI 48843
Middletown Market Plaza · Property For Lease

Property Facts

Property Type Retail
Property Subtype Convenience Store
Gross Leasable Area 9,315 SF
Year Built 1969
Parking Ratio 6.44/1,000 SF

About the Property

9,315 SF retail property for sale which includes the following: 8,200 SF full service grocery store (including liquor) 1,200 SF tenant w/ approx. 3 years of term remainingStrong performing grocery store w/approx. $1.2M of saleswith an absentee operator. The store is operating withapprox. 28% gross margin. The owner of the real estate is the operator of the marketand is seeking to sell both real estate and business. Although they would consider leasing the market to a new operator. 2.22 acres; excellent opportunity for re-development Excess land available for expansion Centrally located on E Grand River between the fast growing cities of Howell and Brighton, across from Lake Chemung. Minutes from the I-96 on/off ramp at Exit 141 Strong traffic counts and demographics Would consider a land contract

  • Corner Lot
  • Pylon Sign
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Listing ID: 11085154

  • Date on Market: 12/28/2017

  • Last Updated:

  • Address: 5580 E Grand River Ave, Howell, MI 48843

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