Downtown Multi-Story Office
For Sale
$579,000
217 N Washington Street, Owosso, MI 48869
COMMERCIAL - Owosso, MI
Property Size12,416 SF
Lot Size0.15 Acres
Price / SF$46.63
Days on Market52
Property Features for 217 N Washington Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Brick
Lot features
Office Center
Directions
Between E Mason & N Washington
Subdivision
Shiawassee
Standard status
Active
Size
12,416 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
S 22' OF LOT 1 AND N 29'4" LOT 4 BLK 15 ORIGINAL PLAT ALSO ADJ 2' OF N-S ALLEY IN BLK 15
Tax Annual Amount
13469
Legal Description
S 22' OF LOT 1 AND N 29'4" LOT 4 BLK 15 ORIGINAL PLAT ALSO ADJ 2' OF N-S ALLEY IN BLK 15
Building Details
Building materials
Brick
Listing Agency:
Tamarack Realty Services
(989) 259-1279
Listed By:
Robert Lentz · License #6504431786
(810) 417-0190
Added: Jun 22
Changed: Aug 4
Last Checked: Aug 12 at 12:06PM
MLS# 1946961
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained, multi-story commercial office building offers approximately 15,986 total square feet of space. About 12,416 square feet are currently leasable, including 6,194 square feet on the first floor and 6,222 square feet on the second floor. An additional 3,570 square feet on the third floor is currently utilized for storage, with elevator service provided to floors 1 and 2 and stair access to the third floor only. Recent improvements include updated flooring in 2022 and renovated restrooms in 2026.
The property is located at 217 N Washington Street in Owosso, Michigan. Ample public parking is available along Washington Street and in the city-owned parking lot directly behind the building, supporting convenient access for tenants and visitors.
The building is currently partially owner-occupied (approximately 9,000 square feet) and partially tenant-occupied (approximately 3,000 square feet) with established long-term tenants. The provided information states these tenants are paying approximately $6.00 per square foot per year. For buyers or operators seeking a more active management posture, the third-floor storage area may present an additional development path for conversion considerations, subject to applicable programs referenced in the listing and feasibility during due diligence.
The property is located at 217 N Washington Street in Owosso, Michigan. Ample public parking is available along Washington Street and in the city-owned parking lot directly behind the building, supporting convenient access for tenants and visitors.
The building is currently partially owner-occupied (approximately 9,000 square feet) and partially tenant-occupied (approximately 3,000 square feet) with established long-term tenants. The provided information states these tenants are paying approximately $6.00 per square foot per year. For buyers or operators seeking a more active management posture, the third-floor storage area may present an additional development path for conversion considerations, subject to applicable programs referenced in the listing and feasibility during due diligence.
Key Highlights
- Multi‑story downtown commercial building with approx. 15,986 SF total space
- Includes 12,416 SF currently leasable: 6,194 SF (1st floor) and 6,222 SF (2nd floor)
- 3rd floor has approx. 3,570 SF and is currently used for storage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Partially owner-occupied office building with elevator access, updated interiors, and ample public parking nearby.
Where is this office building located?
The property is located at 217 N Washington Street Owosso, MI.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Multi‑story downtown commercial building with approx. 15,986 SF total space; Includes 12,416 SF currently leasable: 6,194 SF (1st floor) and 6,222 SF (2nd floor); 3rd floor has approx. 3,570 SF and is currently used for storage
