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Multi-Story Office Building
For Sale
$579,000

N 217 N Washington Street Unit SourceFi, Owosso, MI 48869

Leasable office space spans two elevator-served floors in a downtown commercial building.

Property Size15,986 SF
Price / SF$46.63
Days on Market75

Property Features for N 217 N Washington Street Unit SourceFi

General Information

Standard status Active
Size 15,986 SF
Elevators Yes
Property subtype Business Opportunities

Amenities

Central Air
3
0.15

Building Details

Year Built 1850
Year Renovated 2026
Buildings 1
Stories 3
Building Size 15,986 SF
Tenancy Multi
Owner Occupied Yes
Listing Agency: Tamarack Realty Services
Listed By: Robert Lentz · License #6504431786
Source: Xome
Added: Jun 17 Changed: Aug 30 Last Checked: Aug 30 at 2:18PM

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 Tamarack Realty Services

Investment Insights

Based on property information with market context.

This multi-story office property contains approximately 15,986 square feet, including 12,416 square feet arranged across the first and second floors and a 3,570-square-foot third floor used for storage. The building has central air, an elevator serving floors 1 and 2, and stair access to the third floor. Flooring was updated in 2022, and the restrooms were renovated in 2026.

The property is located on N Washington Street in downtown Owosso, with public parking available along Washington Street and in a city-owned lot directly behind the building. Current occupancy includes approximately 9,000 square feet used by the owner and approximately 3,000 square feet leased to established long-term tenants. The building dates to 1850 and offers a combination of existing office accommodation, storage area, and downtown access.

Key Highlights

  • Approximately 15,986 SF multi‑story office building
  • 12,416 SF of leasable space across the first and second floors
  • 3,570 SF third floor currently used for storage

Property Analytics

Current Use

Shiawassee Association of Realtors Charitable Organization Shiawassee Community Foundation Charitable Organization Demis & Wenzlick: Wenzlick ... Accounting Firm Andrews Hooper Pavlik ... Accounting Firm Demis & Wenzlick PC Accounting Firm

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Leasable office space spans two elevator-served floors in a downtown commercial building.
Where is this office building located?
The property is located at N 217 N Washington Street Unit SourceFi Owosso, MI.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Approximately 15,986 SF multi‑story office building; 12,416 SF of leasable space across the first and second floors; 3,570 SF third floor currently used for storage
More about this property
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