1011 W Main $229,000

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    1011 W Main Owosso, MI 48867

    • 7,800 sq.ft.
    • 0.07 Acres
    • Commercial
    MLS# 219010991 | Active

    $229,000

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    Days On Market: 43 1 Views
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    Property Details

    $150K+ MV worth of Liquor, wine, carryout and Lotto Licenses. LOCATED ON MAINSTREET IN DOWNTOWN OWOSSO. HIGH VISIBILITY! HIGH FOOT TRAFFIC!! Total sq ft is 7,800. Sold w/ former West side meat market 1009 W Main property ID # 05005000001700, MLS# 219011080 and 1011 1/2 W. Main, 3 units of apartments above property Id # 05005000001800, MLS 219011025. Active Bar named Beam, Bistro & Bar 1680 sq ft, inactive former Westside meat market 1330 sq ft, Sportsman Inn Apts above, 3 units, 4,490 sq ft. Sold with Beer, Wine, Liquor, Carryout, Lottery and Lottery Terminals licenses. Includes jukebox, slicer, SS cooler, cooker, air fryer, popcorn machine, icebox, stero-system, 2 bathrooms, build in ice cooler. Basement below used for storage. Next to this open and active bar is an inactive meat market, formerly Westside Meat Market w/ industrial sink, dining area, portable bar, 2 smoke heaters, portable AC. Above is Sportsman Inn, 3 units of apartments: 1 studio, 1- 2bed unit, and 1- 4 bed unit.

    • General Features
      • County Or Parish Shiawassee
      • Settlement City
      • Subdivision Erastus Barnes Add
      • Commercial Type Apartments, Business And Real Estate, Business Opportunity, Commercial
      • Business Type Residential, Service
      • Business Licenses Lottery, Lotto Terminal
      • Current Use Active Bar, Meat Market & Apartments
      • Lot Size Area 0.07
      • Zoning Commercial, Multiple
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1919
      • Year Remodeled 2018
      • Sqft Total 7,800
      • Operating Expense $30,000
      • Net Operating Expense $80,000
      • Gross Scheduled Income $120,000
      • Tax Amount - Summer 745.4600
      • Tax Amount - Winter 941.9600
    • Building Features
      • Foundation Details Basement
      • Construction Materials Brick
      • Sqft Office 1,680
      • Office Heating Forced Air
      • Plant Heating Forced Air
    • Property Features
      • Commercial Utilities 440V Available
      • Road Frontage Type Pub. Sidewalk
      • Frontage Feet 133
      • Distance To Interstate 1
      • Distance To Rail 2
      • Lot Size Dimensions 21 X 133 X 133 X 22
      • Water Source Municipal Water, Water at Street
      • Sewer Sewer at Street, Sewer-Sanitary
    • Schools
      • School District Owosso

    Contact

    Kevin Plaskon

    Sales Associate

    RE/MAX First

    Direct: 586-792-8000

    Neighborhood

    48867 (Owosso) Demographics

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

    Market Last 30 Days

    $78,000 Median Sales Price
    5 Homes Sold
    41 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $229,000
        3/9/2019 9:41:38 AM Price Increased Source New Value: $229,000 14.5%
        3/6/2019 8:41:48 PM Price Reduced Source New Value: $199,999 -12.66%
        2/6/2019 2:42:00 PM New in Database Source New Value: $229,000

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Realcomp II Ltd. Shareholders.