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Three-Story Mixed-Use Building
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116 W Exchange Street, Owosso, MI 48867

Downtown property with retail, office, and residential conversion potential.

Property SizeContact for details
Days on Market142

Property Features for 116 W Exchange Street

General Information

Standard status Active
Property subtype Special Purpose

Amenities

mezzanine
new plank flooring
high ceilings
beautiful arched windows

Building Details

Buildings 1
Stories 3
Listing Agency: CENTURY 21 Affiliated
Listed By: Terry Shellhorn · License #MI
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 7:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Affiliated

Investment Insights

Based on property information with market context.

This three-story mixed-use property includes a first-floor area suited to coffee shop, retail, or office use, along with a 15' x 15' mezzanine finished with new plank flooring. The second level features 12-foot ceilings and large windows that bring in substantial natural light. Approved architectural drawings for apartment development can be provided by the seller.

The uppermost floor adds additional character through high ceilings and arched windows. Located at 116 W Exchange Street in downtown Owosso, the property combines commercial space with the possibility of residential use on the second floor.

Key Highlights

  • Three‑story mixed‑use property at 116 W Exchange Street in downtown Owosso
  • First floor supports coffee shop, retail, or office use
  • 15' x 15' mezzanine with new plank flooring

Property Analytics

Current Use

Penguin Resale Discount Store

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

Demographics for 48867, MI

27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property with retail, office, and residential conversion potential.
Where is this mixed-use property located?
The property is located at 116 W Exchange Street Owosso, MI.
What are key features of this property?
This property features: Three‑story mixed‑use property at 116 W Exchange Street in downtown Owosso; First floor supports coffee shop, retail, or office use; 15' x 15' mezzanine with new plank flooring
(517) 887-0800 Call to check price and availability
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