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    327 N Shiawassee St Corunna, MI 48817

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    For Sale
    $180,000

    Mixed-use property featuring retail space and a residential apartment.

    Lot size:
    0.20 Acres

    Property Features for 327 N Shiawassee St

    General Information

    Lot size
    0.20 Acres

    Source: Smith Street Agent Kelly A Smith

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

    Overview

    Mixed-Use Property with Apartment

    This mixed-use property features a main floor with over 1500 square feet of space, accompanied by an additional 500 square feet of storage space in the back. The upper level contains a large apartment with three bedrooms and a large bathroom. Located in downtown Corunna, the property offers the opportunity to live and operate a business. Corunna is described as a growing market situated between Lansing and Flint, with a downtown area noted for its charm. The property presents endless possibilities for various uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cash2Bitcoin Bitcoin ATM Atm

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Corunna
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.118003
    Latitude
    42.982796

    Nearby Similar for Sale

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    • $150,000
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    • $775,000

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    • $75,000
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      Downtown Corunna Commercial Space

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring retail space and a residential apartment.
    Where is this mixed-use property located?
    The property is located at 327 N Shiawassee St Corunna, MI.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Large Main Floor: Over 1500 sq ft suitable for business operations.; - Upstairs Apartment: Includes 3 bedrooms and a large bathroom, providing living space.; - Business and Residential Use: Opportunity to live and operate a business in the same location.
    (810) 771-8540
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    327 N Shiawassee St Corunna, MI 48817
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    Corunna, MI 48817
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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
    327 N Shiawassee St Corunna, MI 48817
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