1070 Main St, Owosso, MI 48867
This exceptional stand-alone office building, located at 1070 E Main St in Owosso, Michigan, presents a unique investment opportunity. Boasting 2,566 square feet across two stories, this Class B property offers a blend of historic character and modern functionality. Built in 1900 and renovated in 1990, the building features turn-key office space, including multiple private offices, restrooms, and a welcoming lobby area. Large windows throughout provide ample natural light, creating a bright and inviting atmosphere. The property sits on a highly visible location along the heavily trafficked M-21/E. Main Street corridor, ensuring excellent exposure. The building is currently vacant, providing immediate occupancy for a new owner or tenant. The asking price is $495,000, translating to $192.91 per square foot. The property's APN is 007-19-200-044. Owner financing options are available with a low down payment. This is an ideal opportunity for a business seeking a prominent location or an investor looking for a strong return. The property is categorized as both Creative and Traditional Office space, offering versatility for a range of potential uses. This is a rare chance to acquire a well-maintained, historically significant building in a thriving Michigan community.
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MAP Realty Real Estate Agency
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
Similar Nearby for Lease
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.