114 N Washingtion Street
Owosso, MI, 48867 $ 345,000
Bedrooms-- Baths-- Sq 2,508 Monthly Estimate*
$ 2,178
for $345,000. This 2,508 square foot building was built in 1881 on a lot size of 0.02.
This property offers a rare opportunity to own a beautifully improved mixed-use building in the heart of Downtown Owossoâs main business district. The highly visible storefront has undergone extensive updates and has been transformed into one of downtownâs most attractive retail spaces. Historic character, including original-style tin ceilings, blends beautifully with the improvements made throughout the property, creating a warm and inviting setting for retail, professional, or specialty business use. The approximately 2,500 square-foot building also includes two recently updated apartments, both beautifully finished and currently occupied by long-term tenants, providing steady rental income for the new owner. A full basement offers valuable additional space for storage, inventory, workshop use, or other business needs. Located on the main block of Downtown Owosso, the property benefits from strong visibility, pedestrian traffic, nearby restaurants, shops, community events, and Owossoâs designation as a Michigan Main Street communityâbringing additional resources, programs, and opportunities to downtown businesses and property owners. Adding even more potential, the successful business currently operating from this location is also available for purchase separately. Buyers may purchase the real estate, the business, or explore the opportunity to acquire both. Properties like this rarely become available in Downtown Owosso. Whether you are an investor looking for a mixed-use income property, an entrepreneur searching for a standout location, or someone looking to own both a building and an established business, 114 N. Washington Street presents an exceptional opportunity in the center of one of Mid-Michiganâs most charming downtown districts.
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FeaturesGeneralHeating Forced Air
Cooling Central A/C
Roof Flat
Water Public Water
Status Active Active
Year Built 1881
Parking 2 Spaces
Water Heater Electric
County Shiawassee
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership LLC
Municipality Owosso
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Owosso (78018)
Primary City Owosso
Location Main Street
City Owosso
Financial Terms Cash Commercial Loan Conventional Land Contract
Legal Description LOT 4 (EX N 1/3 & S 1/3) BLK 21 ORIGINAL PLAT
DOM 0
Postal Code 48867
Price Per Sq Ft Total AG 137.56
Public Remarks
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ExteriorExterior Brick
Lot Size Area 0.02
Lot Dimensions 22x132
Lot Description Downtown Dev Authority
Waterfront Y/N No
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* Excluded FeaturesList ByJohn HankerdListing Agent
Kori Shook & AssociatesBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,178
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Owosso, MI
Average List Price $242,906
Percent of Sale Price 30%
About Owosso, MI 14,957 Population
-7% Since 2002
$ 36,854 Median Income
36.51 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $345,000 | | Listed Price |