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212 Main Street W $449,000

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212 Main Street W Owosso, MI 48867

  • 0.12 Acres
  • Commercial
  • MLS# 244408
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Views: 25 Days On Market: 35

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Property Details

Once in a lifetime opportunity located in the heart of Owosso's Historial District, this property features 2 floors and a full basement. On the main floor boasts the long running turn key business, Fortune House, which serves an extensive, delicious Asian menu partnered with alcoholic beverages. Roof is about 15 years old; newer water heater and furnace, and new condenser in the cooler and freezer, still under warranty. Beautiful large dining room was remodeled in 2010 and will seat over 100 people. The top floor used to be a secondhand boutique but can easily be turned into an event center or converted into apartments for additional income or for yourself to live in. There's already a bathroom! Previously, the basement was used as a bar but can now be storage heaven.

  • General Features
    • Subdivision None
    • Current Use Restaurant
    • County Shiawassee
    • Zoning Commercial
  • Building Features
    • Appliances Central Air, Exhaust Fan, Refrigerator
    • Basement Partially Finished
    • Exterior Brick
    • Heating Forced Air - Gas
  • Property Features
    • Water Public
    • Sewer Public Sewer
    • Land Acreage Up to 1/4 Acre
    • Driveway No Driveway
  • Schools
    • School District Owosso

Contact

Mitch Despins

Sales Associate

RE/MAX Finest

Cell: 517-281-2545

Neighborhood

48867 (Owosso) Demographics

38 Median Age
199 Population Density (per sq. mile)
27% College Educated
$41,943 Estimated Median Income
7,867 Estimated Total Home Owners
3,210 Estimated Total Renters
71% / 29% Estimated Owner / Renter Divide
3 Estimated Average Household Size
27,375 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$130,000 Median Sales Price
9 Homes Sold
121 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $449,000
      2/25/2020 10:50:00 AM New in Database Source

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      *This Payment Calculator is intended for educational and planning purposes only.
      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.