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Historic Coworking Space
For Lease
$300/Mo per office

215 N Water Street, Owosso, MI 48867

Flexible configurations include workstations, private offices, and larger suites in an updated professional setting.

Space SizeContact for details
Property Size200 SF
Days on Market29

Property Features for 215 N Water Street

General Information

Standard status Active
Size 200 SF

Lease Terms

Monthly Rent $300
Flexible Term Yes

Amenities

conference space
shared common building areas
shared workspace
meeting rooms

Building Details

Building Size 200 SF
Year Built 1900
Listing Agency: Kori Shook & Associates
Listed By: John Hankerd
Source: Irishhillsfivestarhomes
Added: Aug 4 Changed: Aug 31 Last Checked: Aug 4 at 9:30AM

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 Kori Shook & Associates

Investment Insights

Based on property information with market context.

The Armory is a coworking property in a historic building constructed in 1900 and updated for contemporary business use. Available configurations range from shared workstations and private offices to larger office suites, supporting businesses with different space requirements. Shared meeting and conference areas provide places for collaboration, client meetings, and day-to-day work outside individual leased areas.

The property is located at 215 N Water Street in downtown Owosso, providing a central setting for office users. Common building areas and a professional shared environment complement the range of workspace options, from flexible individual setups to dedicated rooms and larger team-oriented suites.

Key Highlights

  • Historic building constructed in 1900 and updated for contemporary office use
  • Workspace options include shared workstations, private offices, and larger office suites
  • Shared conference and meeting areas support collaboration and client meetings

Property Analytics

Current Use

Benefits Your Way Insurance Agency J&M Education-CPR,BLS,ACLS,PALS Training Center Arc Shiawassee County ... Social Service Agency Kenneth Williams - Financial ... Financial Advisor Downtown Owosso Farmers ... Specialty Food Shop

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Coworking space - Flexible configurations include workstations, private offices, and larger suites in an updated professional setting.
Where is this coworking space located?
The property is located at 215 N Water Street Owosso, MI.
What is the lease rate?
The lease rate is $300/Mo per office.
What are key features of this property?
This property features: Historic building constructed in 1900 and updated for contemporary office use; Workspace options include shared workstations, private offices, and larger office suites; Shared conference and meeting areas support collaboration and client meetings
More about this property
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