For Sale
718 S Chipman Street, Owosso, MI 48867
$149,900
MLS # 50213209 (MiRealSource)
Built 19500.25 acres
1 / 7
Listing Description
Unlock the potential of this versatile commercial property in the heart of Owosso! Whether your home-based business has outgrown its current space or you're ready to launch a new venture, this property offers the flexibility to make your vision a reality. Inside, you'll find a welcoming reception area, two overhead bay doors, and a spacious multi-purpose area that can be customized to fit your business needs. The flexible floor plan is ideal for offices, retail, storage, warehouse space, contractor operations, automotive services, or a variety of other commercial uses. An added bonus is the potential for the building to accommodate two separate businesses or a business with a small apartment. Conveniently located with excellent accessibility, this property presents an outstanding opportunity for entrepreneurs, investors, and growing businesses looking for a space with endless possibilities. Bring your ideas and see everything this unique commercial property has to offer!
Source: SparkMLS
About this home
Asking $149,900.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms0
Lot Size0.25 acres
Year Built1950
Location
CityOwosso
MunicipalityOwosso City
Zip Code48867
CountyShiawassee
Construction & Systems
ConstructionBlock, Wood Siding
HeatingForced Air, Radiant
SewerPublic
Sale & Financing
Listed6/28/2026
Source: SparkMLS
Tax Information
Parcel #050-113-008-003-00
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Cody Chapman
Home Field Michigan Real Estate
Frequently Asked Questions about 718 S Chipman Street, Owosso, MI 48867
Is 718 S Chipman Street, Owosso, MI 48867 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 718 S Chipman Street, Owosso, MI 48867 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Owosso City police department or the Shiawassee County sheriff's office.
Map
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Monthly payment$972
Principal & interest$972
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
718 S Chipman Street, Owosso, MI 48867
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Municipality
Owosso
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