2276 E. Main St.

Retail-Commercial for Sale
Catylist Listing ID: 28566963
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.82 Acres
Sale Price: $139,000
Unit Price: $92.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Mandelo Coin
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2017

Overview / Comments

JUST REDUCED! Now the best priced building on the M-21 retail corridor! Site is a free-standing, well-maintained building: Basement and second floor storage. Exterior walls painted 2012. New well in 2004. New furnace. New AC. New roof 2012. Sealed basement. City sewer, GFA.

Excellent location on Shiawassee County's sole retail corridor near prime corner with shared access to bank, restaurant and other retail. Shadow-anchored by Home Depot & Meijer. New senior development just broke ground directly across the street. Other nearby retailers include Walmart, Aldi's, Family, Farm & Home and much more.

Additional Details

Nearest MSA: Owosso
County: Shiawassee
Tax ID/APN: 026-70-055-002
Zoning: C-3
Market Type: Small
Retail Clientele: General, Business
Property Located Between: Flint and Lansing
Side of Street: South
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: State Road (Shiawassee St.)
Feet of Frontage: 78
Traffic/Vehicle Count: 24,700
Transportation: Bus, Rail, Highway, Airport
Highway Access: Located on M-21 near M-71, M-13, M-52. I-75 and I-69 within 15 minutes east and south.
Site Description: Excellent location! Site is free-standing building located at soft corner of Shiawassee St. and M-21 (Main) with shared ingress/egress with Fifth Third and other retailers. Also has detached 2-car garage.
Area Description: Owosso MSA. Shiawassee's sole retail corridor (M-21). Just two miles from Downtown Owosso's Entertainment District. Owosso Community Airport is a couple minutes west.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Property Condition: Good
Roof Type: Arched
Total Parking Spaces: 8
Parking Type: Surface
Lot Frontage: 78
Lot Depth: 434
Easements: Ingress/Egress

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,772 19,403 26,994
Median Age: 35.42 39.07 38.43
Households: 780 7,805 10,981

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