1700 M 21 Owosso, MI 48867-9054
- Drive through restaurants
- 1,200 SF
- 0.75 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 1700 M 21
- Year built
- 1980
- Lot size
- 0.75 lot acres
- Property size
- 1,200 SF
- Property type
- Drive through restaurants
- APN
- 007-20-200-003-02
- APU
- 72020000302
Description
This 1,200 square foot development site in Owosso, Michigan, presents a unique opportunity for QSR/Fast Food businesses. Located at 1700 E M-21, this property boasts excellent visibility on a signaled corner, directly across from a Walmart. The site features a freestanding building with drive-thru capabilities and a large pylon sign, previously occupied by a Hot-N-Now and currently by A Clean Cigarette. The property is zoned B-2 and has an APN of 007-20-200-003-02. Built in 1990, the site offers significant potential for redevelopment. The asking price is $350,000, translating to $291.67 per square foot. An adjacent 3.4-acre parcel is also available for purchase, offering the potential for a larger-scale development. This location benefits from high traffic counts due to its prominent position on M-21 in a busy retail corridor. The combination of existing infrastructure and prime location makes this an exceptional investment opportunity.
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
- -84.1367
- Latitude
- 42.9974
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
