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Flex Space with Overhead Bay Doors
For Sale
$149,900

718 S Chipman St, Owosso, MI 48867

Versatile flex building with reception area, two overhead bay doors, and adaptable interior space for a range of uses.

Property SizeContact for details
Days on Market48

Property Features for 718 S Chipman St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Drive-In Doors 2

Building Details

Year Built 1950
Listing Agency:
Listed By: Patricia Heslip · License #SAOR-6501388325
Source: Elliman
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 20 at 12:00PM

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 Patricia Heslip

Investment Insights

Based on property information with market context.

This flex space offers a reception area and a spacious multi-purpose interior designed to support a variety of commercial operations. The building includes two overhead bay doors, providing practical loading and access for storage, light industrial, or service-oriented needs. The existing layout can be configured for office, retail, storage, warehouse space, contractor operations, automotive services, or other commercial uses that benefit from flexible rooming.

Located at 718 S Chipman St in Owosso, the property is presented as having convenient accessibility for day-to-day business. The remarks also describe the building as being able to accommodate two separate businesses or a business with a small apartment, which may support multi-tenant setups depending on how the space is arranged.

For buyers and operators seeking a single property that can shift with changing business requirements, this is a straightforward option. The combination of reception space, adaptable interior area, and dual overhead bay doors can fit companies looking for both customer-facing areas and space for operational functions such as storage or service work. If you’re evaluating a site for a flexible use profile, the building’s existing configuration is the primary asset to review in person.

Key Highlights

  • 1950‑built versatile commercial building with a flexible interior layout.
  • Includes a reception area plus a spacious multi‑purpose area that can be customized.
  • Two overhead bay doors for loading and access.

Property Analytics

Current Use

Intoxalock Ignition Interlock Building Supply Sound Off Customs Electronics & Wireless Store Nationwide Ignition Interlock Building Supply LifeSafer Ignition Interlock Building Supply

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic Parking Lot & Garage Furniture & Home Goods Law Firm

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

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

245
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex building with reception area, two overhead bay doors, and adaptable interior space for a range of uses.
Where is this flex space located?
The property is located at 718 S Chipman St Owosso, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1950‑built versatile commercial building with a flexible interior layout.; Includes a reception area plus a spacious multi‑purpose area that can be customized.; Two overhead bay doors for loading and access.
More about this property
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