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 building totaling 2,309 square feet of space.
  • Located at 22 N Howell Street in Hillsdale, Michigan.
  • Property is currently available for purchase by interested buyers.
  • Well-suited for professional office or general administrative business use.
  • Positioned within an established commercial sector of the city.

What's Special

Spanning 2,309 square feet, this traditional office property at 22 N Howell Street presents a functional space for professional operations in Hillsdale, Michigan. The asset is situated within a regional hub known for its established community character and proximity to local institutional drivers. As a standalone office building, the structure is suited for businesses seeking a dedicated corporate presence or organizations requiring a centralized administrative site in the city center. The surrounding submarket benefits from its connectivity to the broader Southern Michigan region, offering a consistent environment for commerce and small-to-midsize business growth. Occupants may leverage the existing office layout for a variety of professional uses, including legal services, accounting, or boutique consultancy firms looking for a stable local address. This asset provides a straightforward footprint for investors or owner-occupants looking to establish or expand their footprint in this specific municipality.

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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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