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    200 E Comstock St Owosso, MI 48867

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    For Sale
    $299,000

    Restaurant space with equipment near movie theater and historic train.

    Lot size:
    0.21 Acres

    Property Features for 200 E Comstock St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1946

    Source: Lucia Properties Agent Layne W Lucia

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

    Overview

    Restaurant Opportunity in Downtown Owosso

    This property presents an opportunity to acquire a restaurant space, formerly known as Roma's Back Door. The previous owner has retired, leading to the availability of this space. The property includes a substantial amount of equipment. The space is located in downtown Owosso, adjacent to the movie theater and near the historic train station. The property could be suitable for various cuisines, including Italian or Mexican. Potential land contract.
    Insight Report Location Intelligence

    Current Use by Public Records

    Roma's Of Owosso Catering Food And Drink Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.168743
    Latitude
    42.996493

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with equipment near movie theater and historic train.
    Where is this restaurant located?
    The property is located at 200 E Comstock St Owosso, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Below market pricing due to owner retirement.; - Includes a substantial amount of equipment.; - High-potential location next to the movie theatre in downtown Owosso.
    (810) 234-1000
    Request Owner's contact information
    200 E Comstock St Owosso, MI 48867
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    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
    200 E Comstock St Owosso, MI 48867
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