1500 Mcmillan Rd Owosso, MI 48867
- Industrial land
- 28.94 lot acres
Current Use by Public Records
- Industrial land
Property Details for 1500 Mcmillan Rd
- Lot size
- 28.94 lot acres
- Property type
- Industrial land
- APN
- 050-553-000-009-00
- APU
- 5055300000900
Description
This exceptional 6,900-square-foot industrial building, situated on a 1.69-acre lot in Owosso, Michigan (48867), presents a compelling owner-user opportunity. Built in 2000 and renovated in 2021, the single-story structure boasts a 14-foot clear ceiling height, ideal for various manufacturing, warehousing, or distribution needs. The property includes 6,000 square feet of industrial space and 900 square feet of office space. Features include radiant ceiling heat and six inches of wall insulation, contributing to energy efficiency. The property is zoned M1 and importantly, is approved for cannabis cultivation, processing, or dispensary operations. With one loading dock and ample space, this property offers significant potential for a variety of businesses. The asking price is $599,900, translating to $86.94 per square foot. The building is currently vacant with an occupancy date of March 7, 2024. This prime location in Shiawassee County offers excellent access to transportation and logistical advantages. Don't miss this chance to acquire a versatile and strategically located industrial property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owosso
- County
- Shiawassee
- State
- Michigan
- Longitude
- -84.1539
- Latitude
- 42.9798
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
