116 Exchange StOwosso, MI 48867

This exceptional mixed-use commercial building, located in Owosso's vibrant downtown business district at 116 W Exchange, offers 3,497 square feet of space on a 0.06-acre lot. The first floor boasts a large retail area featuring a tin ceiling, fresh paint, and new carpeting. Two additional first-floor rooms provide versatile space for retail or storage. A spacious backroom includes a recently updated restroom with a new toilet and stainless-steel utility sink. Convenient deeded parking for two vehicles is located at the rear, supplemented by a nearby municipal lot, ensuring ample parking in this bustling downtown area. A significant upgrade includes a newly installed 200-amp electrical box. A 15x15 mezzanine level, situated between the first and second floors, features new plank flooring and paint, ideal for an office or breakroom. The second floor, with its 12-foot ceilings and large windows providing abundant natural light, is framed and ready for finishing as a 1200 sq. ft. loft apartment. Approved architectural renderings are available. This level also benefits from a brand-new furnace and a newly installed 100-amp electrical service. The third floor, with its striking arched windows and high ceilings, presents an opportunity to expand the second-floor loft or create a separate apartment. This property presents a unique blend of historical character and modern updates, making it an outstanding investment opportunity. The asking price is $198,000.