Property profile

2005 Main St Owosso, MI 48867

OFF-MARKET
Retail properties & Spaces
1,622 SF 0.36 ac lot Built 1938
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Property summary

AI-generated overview

This exceptional 1,622 square foot free-standing office/retail building is situated on a 0.358-acre lot at 2005 E Main St, Owosso, MI 48867. Built in 1938 and boasting a single tenancy, the property offers a newly renovated interior featuring multiple private offices, a spacious open room/lobby area, and ample room for numerous workstations. Its prime location on busy M-21 provides excellent visibility and accessibility. The property benefits from its proximity to major retailers such as Home Depot and several car dealerships, ensuring high foot traffic and strong brand recognition potential. The property's APN is 007-16-300-013. This versatile space is ideal for a variety of businesses, including insurance agencies, salons, studios, and more. The entire building is currently vacant, presenting a unique opportunity for immediate occupancy. This is a rare chance to acquire a well-located, renovated commercial property in a thriving Michigan community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1938
Total area 1,622 SF
Lot 0.36 ac (15,594 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
  • Clothing Store
  • Hair Salon Nail Salon

Location

2005 Main St Owosso, MI 48867
Owosso metro
Google Maps

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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