100 N Howell St

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100 N Howell St

hillsdale, MI 49242
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at 100 N Howell Street, this retail property occupies a prominent corner in the historic downtown district of Hillsdale, Michigan. The neighborhood is characterized by a mix of local boutiques, professional services, and administrative offices, including the nearby Hillsdale County Courthouse. Situated within walking distance of Hillsdale College, the area benefits from consistent pedestrian activity and proximity to local dining and community parks. The site is accessible via Highway M-99 and North Broad Street, providing connections to the surrounding residential corridors and regional transit routes. The building is suited for traditional retail operations, specialty showrooms, or consumer-facing service businesses. Given the downtown setting and local demographics, typical tenants include independent retailers, cafes, or service-oriented firms requiring high visibility and sidewalk frontage. The interior layout and central location support businesses that rely on local foot traffic and the student population. Its proximity to established commercial neighbors provides a functional environment for established brands or emerging local businesses seeking a centralized presence in the Hillsdale market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times