# 217 N Washington Street, Owosso, MI 48869

> **TL;DR:** commercial, $529,000 ($43/sqft), 12,416 sqft. Est. $2,829/mo. Listed 132 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $529,000 |
| Price/sqft | $43 |
| Square Feet | 12,416 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 132 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,675 |
| Estimated Insurance | $154 |
| **Total** | **$2,829** |

## Property Highlights

- 0.15 acre lot

## Description

### Agent 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

- **Address:** 217 N Washington Street, Owosso, MI 48869
- **County:** Shiawassee
- **Coordinates:** 42.999194, -84.171073
- **Google Maps:** https://www.google.com/maps?q=42.999194,-84.171073

## Listing Agent

- **Name:** Robert Lentz
- **Brokerage:** Tamarack Realty Services
- **Broker Phone:** 9892591279

## Photos

![217 N Washington Street - Photo 1](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2474570093r.jpg)

![217 N Washington Street - Photo 2](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f625885453r.jpg)

![217 N Washington Street - Photo 3](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f3405800250r.jpg)

![217 N Washington Street - Photo 4](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1110845982r.jpg)

![217 N Washington Street - Photo 5](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f3124525324r.jpg)

![217 N Washington Street - Photo 6](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2499112341r.jpg)

![217 N Washington Street - Photo 7](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2232454r.jpg)

![217 N Washington Street - Photo 8](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2021974674r.jpg)

![217 N Washington Street - Photo 9](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f102972624r.jpg)

![217 N Washington Street - Photo 10](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f3687386262r.jpg)

![217 N Washington Street - Photo 11](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f4262121253r.jpg)

![217 N Washington Street - Photo 12](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1320987935r.jpg)

![217 N Washington Street - Photo 13](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2050754301r.jpg)

![217 N Washington Street - Photo 14](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f824929575r.jpg)

![217 N Washington Street - Photo 15](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1065638964r.jpg)

![217 N Washington Street - Photo 16](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f989324704r.jpg)

![217 N Washington Street - Photo 17](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1432739585r.jpg)

![217 N Washington Street - Photo 18](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1228655326r.jpg)

![217 N Washington Street - Photo 19](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2474202173r.jpg)

![217 N Washington Street - Photo 20](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f4043027611r.jpg)

![217 N Washington Street - Photo 21](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f3039563295r.jpg)

![217 N Washington Street - Photo 22](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1908092749r.jpg)

![217 N Washington Street - Photo 23](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2354341487r.jpg)

![217 N Washington Street - Photo 24](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f2907785835r.jpg)

![217 N Washington Street - Photo 25](http://lh.rdcpix.com/fa875fe29254b621d5153eb36d20a4e4l-f1768606749r.jpg)

---

**MLS#:** 1946961 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/217-n-washington-street-owosso-mi-48869-dccdc54d3cb34fc4b5966d06b40cb62e)

---

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