727 731 737, Owosso, MI 48867
This exceptional investment opportunity encompasses three parcels totaling 0.75 acres in the heart of Owosso, Michigan. The property boasts 213 feet of frontage on West M-21, ensuring high visibility and accessibility. The main structure is a 2,522 square foot service repair garage, ideal for a variety of industrial or commercial uses. In addition, there is a separate 2,112 square foot building suitable for retail or office space, offering versatility and potential for multiple income streams. A vacant lot is also included, providing ample space for expansion or future development. The property is zoned B-4 General Business, allowing for a wide range of permitted uses. This prime location offers excellent access to major transportation routes and a thriving local economy. The property is being offered at $1,000,000. A land contract is available for qualified buyers. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this unique property presents. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant potential for growth and return on investment. The combination of existing buildings and vacant land provides flexibility for a variety of business ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.