tomo logo

$129,900

Beds
Unknown
Baths
1.0
sq ft
2,080

720 S Chipman St, Owosso, MI 48867

720 S Chipman St

OwossoCity_Shiawassee, MI 48867

    Wonderful commercial/mix use building on a very busy street. Located at the corner of Stewart and Chipman, this building could be anything you could dream of! Real estate office, insurance, car sales, daycare, retail, coffee shop, bakery, restaurant, hair salon.... You name it! Large storefront windows and a large parking lot, along with bathroom, back office room, full basement with half bath and wide open showroom, Gives you all you need for a successful business. Over 80k invested including floors, walls, roof, electrical, insulation etc. This place is turn key. Come see this today and make this your new business!

    Details

    Property type

    Single Family Residence

    Est. home value

    $58,553

    Lot size

    8,712 sq ft

    Price per sq ft

    $63

    Year built

    1920

    Annual property taxes

    $1,757

    HOA

    Yes

    Price History

    10/08/2024
    MiRealSource

    MiRealSource #50157553

    Removed
    $129,900
    10/08/2024
    MiRealSource

    MiRealSource #50157553

    Listed
    $129,900

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Owosso

    Seller’s Loan History

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Lender

    Not Available

    Loan start date

    June 2023

    Original loan amount

    $0

    Est. remaining balance

    Not provided

    Interest rate

    6.39%

    Loan type

    Land Contract (Argmt. Of Sale)

    Seller

    Casey Morgan

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

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    Listing updated: 03/25/2025 at 9:18 AM

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    MLS: Realcomp #5050157553

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