1011 1/2 W. Main $229,000


    1011 1/2 W. Main Owosso, MI 48867

    • 7,800 sq.ft.
    • Commercial
    MLS# 219011025 | Pending


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    Days On Market: 192 11 Views
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    Property Details

    Located above a vibrant bar and former meat market located on Main Street in downtown Owosso. Sportsman Inn is 3 units of apartments: 1 studio, 1- 2bed unit, and 1- 4 bed unit of approximately 4,490 sq ft with high grade Pergo laminate flooring. Bundled with Beam, Bistro & Bar which is 1680 sq ft, MLS # 219010991, property ID 05005000001800 and the former Westside market. 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. Bar 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. Inactive meat market, formerly Westside Meat Market w/ industrial sink, dining area, portable bar, 2 smoke heaters, portable AC. $150K+ MV worth of Liquor, wine, carryout and Lotto Licenses.

    • 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
      • Business Licenses Lottery, Lotto Terminal
      • Current Use Apartments
      • Lot Size Area 0
      • Zoning Commercial, Multiple, Residential
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1919
      • Year Remodeled 2016
      • Sqft Total 7,800
      • Number Of Units Total 3
      • Operating Expense $30,000
      • Net Operating Expense $80,000
      • Gross Scheduled Income $120,000
      • Tax Amount - Summer 53.8700
      • Tax Amount - Winter 44.3900
    • Building Features
      • Foundation Details Basement
      • Construction Materials Brick
      • Sqft Office 4,490
      • Office Heating Central Air, Forced Air
      • Plant Heating Forced Air
      • Unit Three Bed Number Of 1
    • Property Features
      • Frontage Feet 133
      • Distance To Interstate 1
      • Distance To Rail 1
      • 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


    Kevin Plaskon

    Sales Associate

    RE/MAX First

    Direct: 586-792-8000


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    Market Last 30 Days

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $229,000
    3/30/2019 10:42:03 AM Status Changed Source New Value: Pending
    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 3:42:00 PM New in Database Source New Value: $229,000

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