- For Sale Contact Agent For Details
- Property Type VacantLand
- Lot Size 4.01 Acre
- Date Updated Jun 22, 2026
Description
Owosso is a city in Shiawassee County, Michigan, located in the central part of the state approximately 35 miles northeast of Lansing and 95 miles northwest of Detroit. Situated along the Shiawassee River, Owosso serves as the county seat and primary economic center of Shiawassee County. At the 2020 census, the city had a population of approximately 14,700 residents, while the surrounding county supports a broader regional population of over 68,000 people. Owosso benefits from its central location and access to major Michigan employment corridors, positioning it as an important hub for commerce, industry, and services in mid-Michigan.
Owosso’s economy is supported by a diverse mix of manufacturing, health care, agriculture, retail, and professional services. Historically rooted in industrial production and rail transportation, the city has maintained a strong manufacturing presence with employers involved in automotive supply, metal fabrication, plastics, and industrial equipment. Major regional employers include Memorial Healthcare, one of the area’s largest employers, along with multiple manufacturers and agricultural businesses that contribute to the local employment base and regional economic stability.
Downtown Owosso serves as the city’s commercial and cultural core, featuring a mix of retail shops, restaurants, professional offices, and historic architecture. The downtown district has benefited from revitalization efforts focused on small business development, community investment, and historic preservation, helping strengthen local commerce and tourism. Owosso also supports a growing base of service-oriented businesses catering to both residents and surrounding rural communities.
The city’s location near Interstate 69 and major state highways provides convenient access to larger metropolitan markets, including Lansing, Flint, and Detroit.
With its strong manufacturing heritage, stable healthcare sector, revitalized downtown, and strategic location within mid Michigan, Owosso remains an important regional center for business and community development. Continued investment in infrastructure, local business growth, and regional economic expansion positions Owosso for sustained long-term stability and growth..
Highlights
- Adjacent to The Home Depot – Located directly next to Home Depot, benefiting from strong daily traffic and established regional retail draw.
- Flexible Development Potential – Property includes two parcels totaling 4.01 acres, including a 3.04-acre vacant development parcel and a 0.97-acre improved parcel with existing 3,079 SF drive-thru building, allowing multiple redevelopment or ground lease strategies.
- Ideal for Retail / QSR / Medical / Service Uses – Existing drive-thru infrastructure and strong surrounding retail activity make the site well suited for quick-service restaurants, banks, medical users, or service-oriented operators.
- Prime Development Opportunity on M-21 – 4.01-acre assemblage positioned along East Main Street (M-21), offering excellent visibility and frontage on one of Owosso’s primary retail corridors.
- Signalized Retail Corridor – Situated near the signalized intersection of M-21 and Shiawassee Street, with exposure to 16,871+ vehicles per day, providing strong visibility and accessibility.
- Strong Demographics & Regional Draw – Over 27,000 residents within 5 miles with $69,562 average household income, supporting long-term retail demand.
- Surrounded by National Retailers – Nearby retailers include Meijer, Walmart, ALDI, Starbucks, AutoZone, McDonald's, and The Home Depot, reinforcing the site’s strong retail synergy.
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Contacts
Deno Bistolarides
Encore Real Estate Investment Services
Location
Contact Listing Broker
Deno Bistolarides
Encore Real Estate Investment Services