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    201-215 N Water St Owosso, MI 48867

    For Lease
    $300 /Mo ($1.80 SF/Yr)

    Co-op office suites in remodeled downtown Owosso Armory building.

    Property size:
    2,000 SF
    Lot size:
    0.48 Acres

    Property Features for 201-215 N Water St

    General Information

    Size
    2,000 SF
    Lot size
    0.48 Acres

    Source: Woodworth Commercial LLC Agent Ryan Calhoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Owosso Armory Co-op Suites

    The iconic downtown Owosso Armory building offers co-op office suites. The building has been remodeled to accommodate co-op suites and co-working space, while retaining its original charm. Overlooking the Shiawassee River, the property includes large conference rooms with ample natural lighting, a balcony, and other modern amenities. Spaces range from 100 square feet single cubicles available for short-term to 900 square feet suites featuring multiple offices and reception areas. The property is suitable for office space.
    Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.171163
    Latitude
    42.995997

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    FAQs

    What type of property is this?
    Coworking space - Co-op office suites in remodeled downtown Owosso Armory building.
    Where is this coworking space located?
    The property is located at 201-215 N Water St Owosso, MI.
    What is the lease rate?
    The lease rate is $1.80 SF/Yr.
    What are key features of this property?
    This property features: - Iconic downtown Owosso Armory building with charm.; - Co-op office suites and co-working space available.; - Remodeled with modern amenities.
    (989) 723-3711
    Request Owner's contact information
    201-215 N Water St Owosso, MI 48867
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201-215 N Water St Owosso, MI 48867
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