Property profile

1070 Main St Owosso, MI 48867

OFF-MARKET
Office Spaces
2,566 SF Built 1900
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1900
Total area 2,566 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

1070 Main St Owosso, MI 48867
Owosso metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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