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300-312 West Main St 2,286 SF of 4-Star Retail Space Available in Owosso, MI 48867
Highlights
- Newly renovated
- Excellent visibility
- Riverfront restaurant space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,286 SF | Negotiable | $33.72 CAD/SF/YR $2.81 CAD/SF/MO $77,091 CAD/YR $6,424 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Riverfront patio option
- Newly renovated space
- Idea restaurant location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,286 SF | Gross Leasable Area | 4,239 SF |
| Property Type | Retail | Year Built/Renovated | 1890/2026 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Renovation |
| Total Space Available | 2,286 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,239 SF |
| Year Built/Renovated | 1890/2026 |
| Construction Status | Under Renovation |
About the Property
Newly renovated, riverfront restaurant space in Downtown Owosso. This prime location on the banks of the Shiawassee River provides both the best frontage on Main Street in the popular Central Business District of Owosso and a beautiful riverside setting. Located on the corner of N Water Street and W Main, next to the historic Armory Building, this building offers excellent visibility and walkability from those using the river trail. Provided rendering shows the possibility of a beautiful riverside patio. Owner is currently renovating the entire building and will provide a white-boxed space that is ready for the ideal restaurant user. A liquor license is available.
- Waterfront
Nearby Major Retailers
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300-312 West Main St
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