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Historic Downtown Coworking Space
For Sale
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215 Water Street, Owosso, MI 48867

Updated workspace offers private offices, individual workstations, and larger suites within a shared professional setting.

Property Size200 SF
Days on Market89

Property Features for 215 Water Street

General Information

Standard status Active
Size 200 SF
Property subtype General Commercial

Amenities

conference space
shared common building areas
shared workspace options
meeting rooms
convenient downtown access
3
150

Building Details

Year Built 1900
Listing Agency: Kori Shook & Associates
Listed By: John Hankerd
Source: Xome
Added: May 24 Changed: Aug 20 Last Checked: Aug 20 at 5:35AM

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 originally constructed in 1900 and subsequently updated. Available configurations include individual workstations, private offices, and larger office suites, supporting businesses with different space requirements. Shared meeting rooms and common building areas provide places for conferences, client meetings, and collaborative work.

The property is located at 215 Water Street in downtown Owosso, placing the workspace within a central downtown setting. Flexible arrangements are available for small businesses, remote workers, startups, nonprofit organizations, consultants, and growing teams. The building combines historic character with modern workspace amenities and a shared professional environment.

Key Highlights

  • Historic building constructed in 1900 and subsequently updated
  • Individual workstations, private offices, and larger office suites available
  • Shared conference and meeting space

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.

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 - Updated workspace offers private offices, individual workstations, and larger suites within a shared professional setting.
Where is this coworking space located?
The property is located at 215 Water Street Owosso, MI.
What are key features of this property?
This property features: Historic building constructed in 1900 and subsequently updated; Individual workstations, private offices, and larger office suites available; Shared conference and meeting space
More about this property
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