Property summary
This exceptional mixed-use commercial building, located in Owosso's vibrant downtown business district at 116 W Exchange, offers 3,497 square feet of space on a 0.06-acre lot. The first floor boasts a large retail area featuring a tin ceiling, fresh paint, and new carpeting. Two additional first-floor rooms provide versatile space for retail or storage. A spacious backroom includes a recently updated restroom with a new toilet and stainless-steel utility sink. Convenient deeded parking for… two vehicles is located at the rear, supplemented by a nearby municipal lot, ensuring ample parking in this bustling downtown area. A significant upgrade includes a newly installed 200-amp electrical box. A 15x15 mezzanine level, situated between the first and second floors, features new plank flooring and paint, ideal for an office or breakroom. The second floor, with its 12-foot ceilings and large windows providing abundant natural light, is framed and ready for finishing as a 1200 sq. ft. loft apartment. Approved architectural renderings are available. This level also benefits from a brand-new furnace and a newly installed 100-amp electrical service. The third floor, with its striking arched windows and high ceilings, presents an opportunity to expand the second-floor loft or create a separate apartment. This property presents a unique blend of historical character and modern updates, making it an outstanding investment opportunity. The asking price is $198,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.06 ac
- APN
- 050-470-015-014-00
- Assessed value · 2024
- $55,800
- Annual tax · 2024
- $3,467
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
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- Alternative use
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