100 Washington StOwosso, MI 48867

For Sale
$550,000

4-Story Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional four-story mixed-use building presents a compelling investment opportunity in Owosso, Michigan's vibrant downtown. Located at 100 N Washington St, this corner property boasts 4,791 square feet of space, offering a unique blend of creative office, storefront, and traditional office potential. The building features large windows on each floor, maximizing natural light. Currently at 10% occupancy, this property offers significant upside potential for a savvy investor. The building sits on a 0.11-acre lot and is zoned B3-CENTBUS, opening doors to a variety of uses. Its prime location in an Opportunity Zone provides access to various grants and rehabilitation programs, further enhancing its redevelopment potential. The property's assessed parcel number (APN) is 050-470-021-013-00. With its substantial square footage and flexible zoning, this building is ideal for adaptive reuse and offers a rare chance to shape the future of Owosso's downtown landscape. The asking price is $550,000, translating to $114.80 per square foot. This represents a significant opportunity for investors seeking a high-return property in a rapidly developing area. The building's four stories provide ample space for a variety of uses, and its prominent corner location ensures high visibility and accessibility. Don't miss this chance to acquire a landmark property in a thriving Michigan community.

Highlights

  • $550,000 asking price for a mixed-use property.
  • 4,791 square feet, priced at $114.80 per square foot.
  • 10% occupancy rate in a four-story building.
  • Located in Owosso, MI, at 100 N Washington St, in the B3-CENTBUS zoning district.
  • Situated on a 0.11-acre lot with APN 050-470-021-013-00.
  • Located in an Opportunity Zone, offering potential grant and rehabilitation opportunities.

Property Details for 100 Washington St

Property type
Other retail properties, Individual retail properties
Square Feet
4,791 SF
Buildings
1
Stories
4
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
42.997490759245
Longitude
-84.170626127451
100 Washington St, Owosso, Michigan

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100 Washington St
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