710 S Chipman St, Owosso, MI 48867

This exceptional commercial property in Owosso, Michigan, presents a unique investment opportunity. Located at 710 S. CHIPMAN STREET, 48867, this 0.31-acre lot features a 1,500 square foot building suitable for a variety of special purpose uses. The asking price is $580,000, representing a significant price adjustment. A land contract is available for the land and building, requiring a $45,000 down payment, 6% interest, and a 7-year balloon payment on a 30-year amortization schedule, plus taxes and insurance. Included in the sale to a qualified buyer are a profit and loss statement, inventory list, and client list. The estimated inventory value is $350,000. The sale also includes a welder, MIG welder, torches, plasma cutter, metal band saw, drill press, forklift, semi-storage trailer, and 3-phase power at the building (but not inside the building). Three-phase power is available at the building. This turnkey operation offers immediate potential for a new owner. The property's strategic location in Shiawassee County provides excellent access to local transportation networks. This is a rare opportunity to acquire a well-established business with significant assets.