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    804 Main St Owosso, MI 48867

    Sponsored
    For Lease
    $10 SF/Yr ($5,506 /Mo)

    Prime Owosso retail/restaurant space. High-visibility location.

    Lot size:
    6,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 6,608-square-foot free-standing building, located at 804 W Main St, Owosso, MI 48867, presents a unique investment opportunity. Situated on a 0.24-acre lot (APN: 050-660-014-005-00), this single-story structure boasts a blend of industrial charm and modern updates. Built in 1955 and extensively renovated in 2022, the property features two suites, with 3,000 square feet currently available for lease. The open layout is flooded with natural light from large windows, and multiple overhead doors provide convenient access to a courtyard and parking area. Its ideal location on the corner of W. Main Street and N. Cedar Street offers high visibility and walkability from nearby neighborhoods. This versatile space is perfect for a variety of uses, including breweries, entertainment venues, or markets. The property is located in Shiawassee County and offers a compelling opportunity for businesses seeking a prominent presence in the thriving Owosso community. The building's recent renovation ensures modern amenities and functionality, making it an attractive option for discerning tenants.

    Property Features for 804 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,608 SF
    Total Rate
    5506.67

    Building Details

    Year Built/Renovated
    1955/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    3,000 SF
    Rate per SF
    $10

    HighLights

    • 6,608 SF free‑standing building on a 0.24‑acre lot in Owosso, MI.
    • Features two suites, with 3,000 SF currently available for lease.
    • High visibility corner location on W. Main & N. Cedar Streets.
    • Industrial‑style building with large windows and 12' ceilings.
    • Overhead doors opening to a courtyard and parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tails of Joy Pet ... Pet Groomer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.182109066204
    Latitude
    42.997642405511

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    FAQs

    What type of property is this?
    Restaurant - Prime Owosso retail/restaurant space. High-visibility location.
    Where is this restaurant located?
    The property is located at 804 Main St Owosso, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 6,608 SF free-standing building on a 0.24-acre lot in Owosso, MI.; Features two suites, with 3,000 SF currently available for lease.; High visibility corner location on W. Main & N. Cedar Streets.
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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
    804 Main St Owosso, MI 48867
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