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1201-1213 Corunna Ave
Owosso, MI 48867
Retail Property For Sale
Investment Highlights
- Highly adaptable site featuring five income-producing storefront units combined with warehouse and workshop functions.
- Positioned on a corner lot along Corunna Avenue with 152 feet of street frontage and strong commuter visibility.
- Zoned commercial with public utilities and strong access to local traffic corridors.
- Includes a heated pole barn with vehicle lift and large overhead doors for automotive or storage capabilities.
- Onsite parking for approximately 16 vehicles plus additional RV parking under covered carport.
- Fully leased with multiple tenants generating stable income, creating immediate investment upside.
Executive Summary
This versatile mixed-use property at 1201 Corunna Avenue in Owosso, Michigan offers an exceptional income-generating opportunity for investors or business operators seeking a blend of storefront and functional space. The property comprises five retail storefront units complemented by a 3,300-square-foot warehouse section, providing ample flexibility for office, professional services, salon, or specialized shop use. A 40' x 64' heated pole barn with a lift and oversized overhead doors further enhances operational capacity, while an 18' x 40' carport accommodates RV or additional vehicle storage.
Strategically located along Corunna Avenue with strong visibility and 152 feet of frontage, the property benefits from convenient access to downtown Owosso and regional connectors serving Shiawassee County. Multiple onsite parking spaces, visible signage opportunities, and the presence of mixed-use configurations make this a unique offering for investors seeking stable occupancy or for owner-users desiring expandable functionality for multiple business types.
Strategically located along Corunna Avenue with strong visibility and 152 feet of frontage, the property benefits from convenient access to downtown Owosso and regional connectors serving Shiawassee County. Multiple onsite parking spaces, visible signage opportunities, and the presence of mixed-use configurations make this a unique offering for investors seeking stable occupancy or for owner-users desiring expandable functionality for multiple business types.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,494 SF
Building Class
C
Year Built
1950
Price
$884,331 CAD
Price Per SF
$104.11 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.60 AC
Zoning
Commercial - Commercial Zoned District
Parking
16 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 050-010-032-001-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $148,023 CAD |
Property Taxes
Parcel Number
050-010-032-001-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$148,023 CAD
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