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318 N Water St 1,364 SF Office Building Owosso, MI 48867 $175,000 ($128.30/SF)
INVESTMENT HIGHLIGHTS
- Rear parking lot with ramp entrance and wheelchair access.
- Wood flooring, vinyl siding, shingle roof, Forced air heating, central air cooling.
- Covered porch and sidewalks for welcoming entry.
EXECUTIVE SUMMARY
Are you looking for a professional office space with character? This property is move-in ready! PERFECT for any business that wants charm, comfort, and a great location. Ideal for insurance agents, financial advisors, law office, architect, or any service-based business office space! Private offices, conference room, outer office, library/showroom, and a lobby/reception, plus 2 bathrooms! Full basement offers plenty of extra storage space. Rear parking lot with ramp entrance, plus sidewalks and covered porch welcome you to the front entry!
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,364 SF
Building Class
C
Year Built
1910
Price
$175,000
Price Per SF
$128.30
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
682 SF
Building FAR
0.35
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Parking
7 Spaces (5.13 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
- Storage Space
- Central Heating
- Hardwood Floors
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 050-470-013-009-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $67,600 |
PROPERTY TAXES
Parcel Number
050-470-013-009-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$67,600
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318 N Water St
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