100 Washington StOwosso, MI 48867

Property Details for 100 Washington St

Lot size

0.11 AC

Property type

Commercial real estate

APN

050-470-021-013-00

APU

5047002101300

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $938,965

  Hospitality

  $860,087

  Educational

  $715,582

  Medical

  $740,192

  Retail

  $1,113,128

Location Insight

City

Owosso

County

Shiawassee

State

Michigan

Latitude

42.9977

Longitude

-84.1703

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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