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Retail Center Anchored by Walmart
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1560 E Main St, Owosso, MI 48867

Retail property with M-21 frontage and abundant parking.

Property Size50,508 SF
Days on Market2760

Property Features for 1560 E Main St

General Information

Standard status Active
Size 50,508 SF
Class B
Property subtype Retail
Zoning B-2
Occupancy 81%
Lease Type NNN

Building Details

Year Built 1993
Year Renovated 2015
Buildings 1
Stories 1
Units 13
Tenancy Multi
Listing Agency: Woodworth Commercial - Bronson
Listed By: Adam Bronson · License #MI 6501425950
Source: Crexi
Added: Jan 30, 2019 Changed: Aug 15 Last Checked: Aug 19 at 1:17AM

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 Woodworth Commercial - Bronson

Investment Insights

Based on property information with market context.

This retail property, anchored by Walmart, is located in the heart of Shiawassee's retail corridor. The property features abundant parking and is also anchored by Harbor Freight and Dollar Tree. The property consists of one building with an 81% occupancy rate and a 6.66% CAP. The property has frontage on M-21.

Key Highlights

  • Walmart Anchor: Benefits from the drawing power of a major retail anchor.
  • M‑21 Frontage: High visibility and accessibility due to frontage on M‑21.
  • High Occupancy: Strong 81% occupancy rate indicates stability.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Bakery (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.

Location Intelligence

Trade Area within ½ mile

195
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail property with M-21 frontage and abundant parking.
Where is this shopping center located?
The property is located at 1560 E Main St Owosso, MI.
What are key features of this property?
This property features: Walmart Anchor: Benefits from the drawing power of a major retail anchor.; M‑21 Frontage: High visibility and accessibility due to frontage on M‑21.; High Occupancy: Strong 81% occupancy rate indicates stability.
(989) 723-3711 Call to check price and availability
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