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Flex Space with Bay Doors
For Sale
$149,900

718 S Chipman Street, Owosso, MI 48867

Adaptable commercial building with reception space, overhead access, and a multipurpose interior for varied business operations.

Property Size3,712 SF
Price / SF$40.38
Days on Market76

Property Features for 718 S Chipman Street

General Information

Standard status Active
Size 3,712 SF
Property subtype Industrial

Amenities

reception area
overhead bay doors
multi-purpose area
3
Metal
83132

Building Details

Year Built 1950
Listing Agency:
Listed By: Home Field Michigan Real Estate
Source: Xome
Added: Jun 27 Changed: Sep 9 Last Checked: Sep 9 at 3:04PM

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 Home Field Michigan Real Estate

Investment Insights

Based on property information with market context.

This flex property at 718 S Chipman Street includes a reception area, two overhead bay doors, and a broad multipurpose interior. The layout can support office, retail, storage, warehouse, contractor, or automotive-related operations, subject to applicable requirements. Its adaptable design also presents the potential to accommodate two separate businesses or a business with a small apartment.

Built in 1950, the property is located in Owosso, Michigan, and offers a practical commercial setting for an established operation, expansion, or new venture. The interior configuration provides several ways to organize work areas, customer-facing space, storage, and service functions within one building.

Key Highlights

  • Flex‑space classification with a versatile commercial layout
  • Two overhead bay doors
  • Reception area and spacious multipurpose interior

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial building with reception space, overhead access, and a multipurpose interior for varied business operations.
Where is this flex space located?
The property is located at 718 S Chipman Street 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: Flex‑space classification with a versatile commercial layout; Two overhead bay doors; Reception area and spacious multipurpose interior
More about this property
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