200 Main StOwosso, MI 48867

For Sale
$439,000 View listing
  • Commercial real estate
  • 0.80 AC

Property Details for 200 Main St

Lot size
0.80 AC
Property type
Commercial real estate
APN
050-470-027-003-00
APU
5047002700300

Description

This exceptional 10,824 square foot, two-story retail building presents a unique investment opportunity in the heart of Owosso's Central Business District (CBD). Located on the highly visible corner of West Main Street and North Ball Street, this 1890s building offers three street-level retail suites, ideal for a variety of businesses. Currently, 3,000 square feet of retail space is available for lease. The property boasts a prime location with ample street parking on both West Main and Ball Streets, complemented by a convenient city parking lot situated directly behind the building. The building's zoning is designated as CBD, reflecting its suitability for commercial uses. With its historic charm and strategic location, this property offers significant potential for growth and return on investment. The building's address is 200 W Main St, Owosso, MI 48867, and its APN is 020-82-007-000-00, situated in Shiawassee County. This is a rare chance to acquire a well-positioned retail property in a thriving downtown area. The building's solid construction and desirable location make it an attractive proposition for both established businesses and new ventures seeking a prominent presence in the Owosso community. The multiple suite configuration allows for flexibility in tenant occupancy and income generation.

200 Main St, Owosso, Michigan

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
42.997
Longitude
-84.169
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,909
-
-
$223,200
-
-
-
$446,400

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