620 Oliver StOwosso, MI 48867

For Sale
$139,900 View listing
  • Commercial real estate
  • 0.20 AC

Property Details for 620 Oliver St

Lot size
0.20 AC
Property type
Commercial real estate
APN
050-111-006-002-00
APU
5011100600200

Description

This exceptional business opportunity presents a thriving family-owned convenient store located at 620 E Oliver, Owosso, MI. Boasting 2,100 square feet on a 0.2-acre lot, this well-established store enjoys a consistent customer base, strategically positioned near a popular local elementary school. The current asking price is $139,900, reflecting a recent $20,000 price reduction. A significant advantage is the existing Beer and Wine license, ensuring a steady stream of revenue. The sale includes the real estate, business, and fixtures. The Beer and Wine license will be transferred to the new owner

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,707,067
    Hospitality
    $1,563,664
    Educational
    $1,300,950
    Medical
    $1,345,692
    Retail
    $2,023,701
620 Oliver St, Owosso, Michigan

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
43.0014
Longitude
-84.1618
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
$2,551
-
-
$44,800
-
-
-
$89,600

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