318 N Water Street

Unique Opportunity Near the River & Downtown! Imagine living just steps from the river, scenic river trail, and vibrant downtown. Currently used as an office and zoned commercial, however the city says that zoning now allows residential use, opening the door to create a beautiful 3-bedroom home in a prime location. Contractor's quote has been obtained to install a brand-new kitchen with Quartz countertops. Seller has agreed to escrow the funds for the kitchen as required for a mortgage. Ideal for a primary home, short-term rental, professional office, or mixed use. Properties with this kind of location and versatility rarely come available. Paved parking in back with ramp. Hardwood floors, open staircase, and covered porch bring the charm and character of Owosso's historic homes too! Contact listing agent for lender option that has agreed to accept an escrow for the new kitchen and provide a conventional, FHA, VA, or RD mortgage.