Property summary
This single-story, 17,823-square-foot medical office building in Owosso, Michigan, presents a unique investment opportunity. Located at 216 E Comstock St, 48867, this Class C property sits on a 0.424-acre lot (APN: 050-300-000-001-00) and is zoned B3-CENTBUS. Built in 1988 and renovated in 1995, the building comprises three separate units. The western unit, totaling 4,700 square feet, is currently unfinished, offering significant potential for customization. The central unit, measuring 6,825 square feet, is a fully built-out physical therapy office. The eastern unit, spanning 6,460 square feet, is designed as a doctor's office, complete with 13 private patient rooms, a lead-lined x-ray room, and a procedure room accommodating up to four beds. This former McLaren medical building is vacant and offers an excellent opportunity for an owner-occupier to utilize the entire space or a portion, while leasing the remaining suites to other medical or retail tenants. The property's multi-tenant configuration provides flexibility and income potential. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician
-
Medical Clinic
-
Employment Agency
-
Employment Agency
-
Family Counselor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
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.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.