22 N Howell Street

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22 N Howell Street

Hillsdale, MI 49242
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office asset totaling 1,782 square feet of space.
  • Property situated at 22 N Howell Street in Hillsdale.
  • Located within the central business district of the municipality.
  • Suitable for administrative services or a professional business office.
  • Strategically positioned within the Southern Michigan regional economic landscape.

What's Special

This traditional office property spans 1,782 square feet and occupies a position at 22 N Howell Street in Hillsdale, Michigan. The site serves as a versatile space for local professional services, administrative operations, or boutique commercial uses within the established downtown landscape. Hillsdale benefits from its position as a regional hub in Southern Michigan, supported by a mix of local government, education, and light industrial sectors that drive steady commercial activity. The downtown submarket provides high visibility and access for both employees and clients, making this asset a practical choice for firms seeking a centrally located, manageable footprint. The building layout supports efficient workflows, suitable for small teams or a specialized business needing an accessible street-front presence. As the community continues to maintain its steady economic pace, this property stands as a functional option for owner-occupants or investors looking to establish a foothold in the local office 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

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