710 S CHIPMAN Street Owosso, MI 48867

Active

$580,000

Market Estimate

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1,500 sq. ft.
0.31 Acres
Commercial
MLS# 50145104

Listing provided courtesy of: Coldwell Banker Professionals Morrice/Owosso - 517-625-4488

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Schedule A Showing

Property Details

Description

**NEW LOW PRICE!!** TURN KEY OPERATION. LAND CONTRACT AVAILABLE ON LAND AND BUILDING ONLY. $45,000 DOWN, 6% INTEREST, 7 YEAR BALLOON PAMENT ON 30 YEAR AMORTIZATION, PLUS TAXES AND INSURANCE. SELLER WILL PROVIDE A PROFIT & LOSS, INVENTORY LIST AND CLIENT LIST, WHICH ARE ALL INCLUDED IN THE SALE TO A QUALIFIED BUYER. 3 PHASE POWERAT BUILDING, BUT NOT INSIDE. INVENTORY ESTIMATED AT $350,000 +/-. TOOLS INCLUDED ARE: WELDER, MIG WELDER, TORCHES, PLASMA CUTTER, METAL BAND SAW, DRILL PRESS, FORK TRUCK, SEMI-STORAGE TRAILER, AND 3 PHASE POWER AT BUILDING.

General Features
- Acreage 0.31
- Area Municipality Owosso (78018)
- County Shiawassee
- Originating MLS Greater Shiawassee Association of REALTORS
- Ownership Other/See Remarks
- Total SqFt Finished 1500
- Waterfront Y/N No
- Year Built 1945
- ZONING Commercial
Building Features
- Cooling System Exhaust Fan
- Exterior Construction Block, Concrete/Block, Poured Concrete, Shingle
- Heating System Forced Air
- FUEL TYPE Natural Gas
- Roofing Asphalt, Shingles
Property Features
- Water Public Water, Community
- LOT DESCRIPTION Storm Drains,Utilities Above Ground
- PARKING 6-10 Spaces,11-20 Spaces,21+ Spaces
- Lot Size IRREGULAR
- Roads City/County, Paved Street
- Sewer Septic Community, 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

$234,000 Median Sales Price

45 Homes Sold

24 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: $580,000
11/15/2024 9:21:13 AM	Price Reduced Source: Multiple Listing Service	New Value: $580,000	-7.2%
6/12/2024 2:52:00 PM	New in Database Source: Multiple Listing Service	New Value: $625,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

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.