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115 E Main St
Owosso, MI 48867
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Turn-key investment property
- Great downtown Owosso location
EXECUTIVE SUMMARY
Turn-key investment property with one street-level commercial space, 4 second and third story apartments. Currently rented out. Three 2-bedroom, 1 bath units and one 1 bedroom, 1 bath unit. Gross rental income is $4,250/month. P&L/proforma available upon request. Building features new sewer system, updated plumbing, and appliances in all the units.
Building located in the heart of Downtown Owosso, excellent visibility in the heart of Owosso's walkable district.
Building located in the heart of Downtown Owosso, excellent visibility in the heart of Owosso's walkable district.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,600 SF
Building Class
C
Year Built
1880
Price
$618,224 CAD
Price Per SF
$93.67 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.56
Lot Size
0.06 AC
Opportunity Zone
Yes
Frontage
30’ on Main St
PROPERTY TAXES
| Parcel Number | 050-470-021-016-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $125,074 CAD |
PROPERTY TAXES
Parcel Number
050-470-021-016-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$125,074 CAD
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