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Downtown Retail/Restaurant Opportunity
For Lease
$9 SF/Yr

344 W Main St, Owosso, MI 48867

Prime downtown location with high traffic, build to suit.

Space SizeContact for details
Lot Size0.65 Acres
Days on Market256

Property Features for 344 W Main St

General Information

Standard status Active
Lot size 0.65 Acres
Property subtype Commercial

Building Details

Year Built 1930
Listing Agency: The Home Office Realty LLC
Listed By: Morgan Beilfuss · License #6501277052
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 11 at 8:39AM

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 The Home Office Realty LLC

Investment Insights

Based on property information with market context.

This property presents an opportunity for retail or restaurant businesses in a downtown location. The space can be built to suit, with a minimum 3-year lease required. Situated in the heart of downtown, alongside a river park, the location benefits from ample parking and an estimated daily traffic count exceeding 20,000 vehicles. The final price per square foot will depend on the total square footage leased and the specific build-out specifications.

Key Highlights

  • High traffic count (over 20K est. daily)
  • Prime Downtown location alongside the river park
  • Ample parking

Property Analytics

Current Use

Magoo's Pet Outlet (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Prime downtown location with high traffic, build to suit.
Where is this restaurant located?
The property is located at 344 W Main St Owosso, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: High traffic count (over 20K est. daily); Prime Downtown location alongside the river park; Ample parking
More about this property
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