501 S SHIAWASSEE Street $599,000

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    501 S SHIAWASSEE Street Owosso, MI 48867

    • 18,000 sq. ft.
    • 1.96 Acres
    • Commercial
    • MLS# 60321556
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    Views: 34 Days On Site: 138

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    Property Details

    Located near downtown Owosso, This prime investment property is for sale, 18,000 sqft, with a 5,000 sqft basement, built with reinforced concrete. The property is sitting on a 2-acre lot. There is a 2 million dollar + grant on the property if you turn it into an apartment complex. There are plans for a grow facility, apartment complex, and storage facility. It represents a unique opportunity to enter Owosso's dynamic real estate market with a solid foundation for future growth and profitability. Agent-Owner, Agent is a licensed and insured builder and licensed realtor

    • General Features
      • Acreage 1.96
      • Area Municipality Owosso (78018)
      • County Shiawassee
      • Originating MLS RealComp
      • Subdivision AL WILLIAMS ADD
      • Total SqFt Finished 18000
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Industrial
    • Building Features
      • Exterior Construction Block
      • Foundation Type Basement
    • Property Features
      • Water Public Water
      • Lot Size 196X196X196X196
      • Roads Gravel
      • Sewer Septic Public Sanitary

    Neighborhood

    48867 (Owosso) Demographics

    42 Median Age
    193 Population Density (per sq. mile)
    29% College Educated
    $46,916 Estimated Median Income
    8,011 Estimated Total Home Owners
    3,467 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,004 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $231,950 Median Sales Price
    48 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $599,000
        7/8/2024 6:23:00 PM New in Database Source: Multiple Listing Service New Value: $599,000

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.