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$ 198,000
Est. payment /mo
Price Dropped by $22K
116 W Exchange Street Owosso, MI 48867
3,497 SqFt
UPDATED:
12/02/2024 11:37 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,497 sqft
Price per Sqft $56
Subdivision Mi
MLS Listing ID 50144624
Year Built 1880
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 22x120
Property Description
So much character in this historical mixed use commercial building. It's in the heart of Owosso's Downtown Business District. Large retail area on the first floor with tin ceiling, fresh paint and carpet. Two extra 1st floor rooms behind that for more retail or staging areas. It has a large backroom with a recently updated restroom, new toilet and stainless-steel utility sink. Deeded parking area in the back with plenty of room for 2 vehicles and a municipal parking lot behind that. Lots of parking in this busy downtown. New 200-amp electrical box installed and running! 15x15 mezzanine area between the 1st and 2nd floor has new plank flooring and paint. It would make a great out of the way office and/or breakroom. On up to the 2nd story with its 12ft ceiling and beautiful windows that let in incredible light. This could be finished as a 1200 sq. ft. loft apartment with approved architectural renderings ready to share with a prospective buyer. All framing is finished. It has a brand new furnace and all new electrical with 100 amp service installed. When you are ready the 3rd story with it's gorgeous arched windows and grand ceiling height could be added space to the 2nd story loft or a 3rd story apartment all on it's own.
Location
State MI
County Shiawassee
Area Owosso (78018)
Building
Water Public Water
Others
Ownership Private
Financing Cash,Commercial Loan
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Listed by Homes -N- Land Real Estate