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    120 N Washington St Owosso, MI 48867

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    For Sale
    $249,000

    Fully leased mixed-use building in Owosso's Downtown Business District.

    Property size:
    2,690 SF
    Lot size:
    0.04 Acres

    Property Features for 120 N Washington St

    General Information

    Size
    2,690 SF
    Lot size
    0.04 Acres

    Source: Woodworth Commercial LLC Agent Leo Deason

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

    Overview

    Downtown Owosso Mixed-Use Building

    This two-story, mixed-use building is located in the Downtown Business District of Owosso. The property features a 1,400 square foot two-bedroom, one-bathroom apartment on the second floor, complete with a balcony. The street-level commercial retail space offers 1,400 square feet of space and includes unique character features such as built-in wardrobes. The building has a new roof and sewer stack. The total property size is 2,690 square feet. This is an investment opportunity in a walkable area.
    Location Intelligence

    Current Use by Public Records

    Blu Ashe Women'S Clothing Store Jade Buffet Chinese Restaurant

    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
    -84.170564
    Latitude
    42.997741

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use building in Owosso's Downtown Business District.
    Where is this mixed-use property located?
    The property is located at 120 N Washington St Owosso, MI.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Fully Leased commercial building; - Located in the popular, walkable Downtown Business District of Owosso; - Mixed-use building with both residential and commercial space
    (517) 214-1493
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    120 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
    120 N Washington St Owosso, MI 48867
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