217 N Washington ST, Shiawassee Twp, MI 48869
217 N Washington ST, Shiawassee Twp, MI 48869
217 N Washington ST, Shiawassee Twp, MI 48869
217 N Washington ST, Shiawassee Twp, MI 48869
217 N Washington ST, Shiawassee Twp, MI 48869
217 N Washington ST, Shiawassee Twp, MI 48869
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Jessica A Wilson

Jessica A Wilson

+1(313) 399-5605
$ 579,000
Est. payment | /mo

12,416 SqFt

Save
$ 579,000
Est. payment | /mo
Save

12,416 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,416 sqft

Price per Sqft $46

Subdivision Na

MLS Listing ID 79080070044

Year Built 1850

Lot Size 6,534 Sqft

Acres 0.15

Property 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 (2026). An elevator provides convenient access to floors 1 & 2; the 3rd floor is accessed by stairs. 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.

Location

State MI

County Shiawassee

Area Area07111Shiawasseetwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features ParkingLot

Utilities Available NaturalGasConnected

View Y/N No

Roof Type Other

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Owosso

Others

Acceptable Financing Cash, Conventional, Other, OwnerMayCarry

Listing Terms Cash, Conventional, Other, OwnerMayCarry

Special Listing Condition Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Robert J Lentz of Tamarack Realty Services

Schools and Properties Nearby

Jessica A Wilson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

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217 N Washington ST