USAMIOwossoN/a217 N Washington St
Listing image | Image 1

217 N Washington St, Owosso, MI

House

For Sale

Listed price in listed location currency (USD).
$579,000

000

MLS® 1946961

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 12416 sqft
Garage 
Taxes $13,469
Days Active 0
Lot Size 0.15 Acres
Approx. Age 1986
Avg. Price Per Sqft $46
MLS® Number 1946961

Property Address: 217 N Washington St, Owosso, MI, 48867-2836

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Downtown Commercial Investment Opportunity! This well-maintained multi-story commercial building offers approximately 15, 986 square feet of versatile space in a prime downtown location. The property features 12, 416 square feet of currently leasable space, including 6, 194 SF on the first floor and 6, 222 SF on the second floor, plus an additional 3, 570 SF third floor currently utilized for storage. The third floor presents an outstanding value-add opportunity and could potentially be converted into residential apartments through programs such as DRRP, MCRP, RAP, or MI Neighborhoods, creating additional income potential. Recent improvements include updated flooring (2022) and renovated restrooms (2025). An elevator provides convenient access to all levels. The building is currently partially owner-occupied (approximately 9, 000 SF) and partially tenant-occupied (approximately 3, 000 SF) with established long-term tenants paying approximately $6.00/SF/year, offering significant upside potential for future rental income. Ample public parking is available along Washington Street and in the city-owned parking lot directly behind the building, providing convenient access for tenants and visitors.
MLS® Number1946961
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1986
BasementFull
DrivewayParking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$579,000List Price
  • Commute

Commute

Starting Address
Destination Address
217 N Washington St, Owosso, MI

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