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    113 N Washington St Owosso, MI 48867

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    For Sale
    $249,900

    Retail and apartment investment property in a walkable downtown location.

    Property size:
    7,200 SF

    Property Features for 113 N Washington St

    General Information

    Size
    7,200 SF

    Source: Woodworth Commercial LLC Agent Randy Woodworth

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

    Overview

    Mixed-Use Building in Downtown Owosso

    This downtown mixed-use building is located in the popular retail corridor of Owosso, just off E Main Street, in the walkable central business district. The building features 2,400 square feet of street-level retail space with storefront windows, currently occupied by a boutique clothing store. The second level contains a 2,400-square-foot apartment. The building also offers a full basement and an unfinished third level for storage. Limited street parking is available, with city parking lots located a short distance away. The total property size is 7,200 square feet.
    Location Intelligence

    Current Use by Public Records

    Oak & Ivory Clothing ... Women'S Clothing Store Kaizen 113 Clothing Store

    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
    -84.170578
    Latitude
    42.996991

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    FAQs

    What type of property is this?
    Retail space - Retail and apartment investment property in a walkable downtown location.
    Where is this retail space located?
    The property is located at 113 N Washington St Owosso, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Prime downtown location in a popular retail corridor.; - Mixed-use investment property with retail and residential income.; - **2,400 SF street-level retail space with attractive storefront windows.**
    (989) 277-2815
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    113 N Washington 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
    113 N Washington St Owosso, MI 48867
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