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204 W Main St
Owosso, MI 48867
Retail Property For Sale

Investment Highlights
- Fully occupied
- Main Stree/M-21 Frontage
Executive Summary
Downtown Owosso, two-story building with frontage on W. Main/M-21. Excellent visibility in high traffic area. Fully occupied building offering great investment opportunity. Front and rear entrances to building. City parking lot located directly behind building. Limited street parking available.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,369 SF
Year Built
1890
Price
$732,700 CAD
Price Per SF
$70.66 CAD
Cap Rate
10%
NOI
$73,270 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
B3
Frontage
43’ on W Main Street/M-21
Property Taxes
| Parcel Number | 050-470-023-003-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $185,348 CAD |
Property Taxes
Parcel Number
050-470-023-003-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$185,348 CAD
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