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    2005 Main St Owosso, MI 48867

    For Lease
    $120 SF/Yr ($16,220 /Mo)

    Newly renovated, high-traffic location.

    Lot size:
    1,622 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,622 square foot free-standing office/retail building is situated on a 0.358-acre lot at 2005 E Main St, Owosso, MI 48867. Built in 1938 and boasting a single tenancy, the property offers a newly renovated interior featuring multiple private offices, a spacious open room/lobby area, and ample room for numerous workstations. Its prime location on busy M-21 provides excellent visibility and accessibility. The property benefits from its proximity to major retailers such as Home Depot and several car dealerships, ensuring high foot traffic and strong brand recognition potential. The property's APN is 007-16-300-013. This versatile space is ideal for a variety of businesses, including insurance agencies, salons, studios, and more. The entire building is currently vacant, presenting a unique opportunity for immediate occupancy. This is a rare chance to acquire a well-located, renovated commercial property in a thriving Michigan community.

    Property Features for 2005 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,622 SF
    Total Rate
    16220

    Building Details

    Year Built
    1938
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    1,622 SF
    Rate per SF
    $120

    HighLights

    • 1,622 SF free‑standing office/retail building on a 0.358‑acre lot at 2005 E Main St, Owosso, MI 48867.
    • Newly renovated interior with multiple private offices, open lobby, and ample workstation space.
    • Excellent visibility and accessibility on busy M‑21, near Home Depot and car dealerships.
    • APN: 007‑16‑300‑013.
    • Currently vacant, ideal for various businesses; immediate occupancy available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pink Whiskey Boutique Clothing Store Belle ame Salon ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.127276406544
    Latitude
    42.998265836494

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    FAQs

    What type of property is this?
    Office Property / Space - Newly renovated, high-traffic location.
    Where is this office property / space located?
    The property is located at 2005 Main St Owosso, MI.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 1,622 SF free-standing office/retail building on a 0.358-acre lot at 2005 E Main St, Owosso, MI 48867.; Newly renovated interior with multiple private offices, open lobby, and ample workstation space.; Excellent visibility and accessibility on busy M-21, near Home Depot and car dealerships.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Main St Owosso, MI 48867
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