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Property profile & analytics
FOR SALE
Commercial real estate

100 N Washington St Owosso, MI 48867

0.11 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-2462361
Property summary
AI-generated overview

This exceptional four-story mixed-use building presents a compelling investment opportunity in Owosso, Michigan's vibrant downtown. Located at 100 N Washington St, this corner property boasts 4,791 square feet of space, offering a unique blend of creative office, storefront, and traditional office potential. The building features large windows on each floor, maximizing natural light. Currently at 10% occupancy, this property offers significant upside potential for a savvy investor. The building sits on a 0.11-acre lot and is zoned B3-CENTBUS, opening doors to a variety of uses. Its prime location in an Opportunity Zone provides access to various grants and rehabilitation programs, further enhancing its redevelopment potential. The property's assessed parcel number (APN) is 050-470-021-013-00. With its substantial square footage and flexible zoning, this building is ideal for adaptive reuse and offers a rare chance to shape the future of Owosso's downtown landscape. The asking price is $550,000, translating to $114.80 per square foot. This represents a significant opportunity for investors seeking a high-return property in a rapidly developing area. The building's four stories provide ample space for a variety of uses, and its prominent corner location ensures high visibility and accessibility. Don't miss this chance to acquire a landmark property in a thriving Michigan community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.11 ac (4,792 SF)
APN 050-470-021-013-00
UPID US43-2462361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Edward Jones - Financial Advisor: Audrey J Salander Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Woodworth Investments LLC · 4 yrs held
Woodworth Investments LLC
since 2022
Last sale
$465,000
4 recorded transactions
2022
$465,000
2021
Price N/A
2014
Price N/A
2007
$194,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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