$349,999
$15K PRICE DROP

25 Owen St Belleville, MI 48111

Estimated payment $2,205/month

Total Views 1,057
-- Bed
-- Bath
4,968 Sq Ft
$70 Price per Sq Ft

About This Home

EXCELLENT OPPORTUNITY TO ACQUIRE A FULLY OPERATIONAL, INCOME-GENERATING MEDICAL OFFICE BUILDING JUST OUTSIDE DOWNTOWN BELLEVILLE. THE PROPERTY IS CURRENTLY OCCUPIED BY ESTABLISHED MEDICAL AND PROFESSIONAL TENANTS, INCLUDING A CLINIC, PHARMACY, LABORATORY, AND COUNSELING SERVICES. TENANTS HAVE EXPRESSED INTEREST IN REMAINING IN PLACE UNDER NEW OWNERSHIP, PROVIDING IMMEDIATE INCOME STABILITY. THE BUILDING OFFERS 14 PRIVATE OFFICES, 2 CONFERENCE ROOMS, 2 KITCHENS/BREAK AREAS, AND 4 RESTROOMS. 7 ADDITIONAL OFFICES ARE CURRENTLY VACANT, PRESENTING VALUE-ADD LEASING POTENTIAL AND FUTURE INCOME GROWTH. AMPLE ON-SITE PARKING ENHANCES CONVENIENCE FOR STAFF AND CLIENTS. IDEAL FOR INVESTORS SEEKING A STABILIZED ASSET WITH UPSIDE OPPORTUNITY. SHOWING BY APPOINTMENT ONLY. PROOF OF FUNDS OR LENDER PRE-APPROVAL REQUIRED PRIOR TO SHOWINGS. FINANCIAL INFORMATION AVAILABLE WITH ACCEPTED OFFER AND EXECUTED AGREEMENT. PLEASE DO NOT DISTURB TENANTS OR STAFF.

Listing Agent

Ralynda Moore

KW Professionals License #6506046186 Listed on: 10/17/2025

KW Professionals

Property Details

Property Type

  • Other

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 140x140x260x260

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Community Details

  • Belleville 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31106990006704

Property Details

Property Type

Other

Year Built

Built in 1989

Lot Details

0.84 Acres

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1989
  • Current Use: MedicalDental, MixedUse, Office, Service
  • State Equalized Value: 272700.00
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Poured, Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CentralAir
  • Sewer: PublicSewer
  • Water Source: Public

Lot Info

  • Lot Dimensions: 140X140X260X260
  • Parcel Number: 31106990006704

Tax Info

  • Tax Amount Summer: 11719.00
  • Tax Amount Winter: 3676.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,719 $272,700 $0 $0
2024 $13,234 $251,400 $0 $0
2023 $12,795 $245,600 $0 $0
2022 $15,378 $239,300 $0 $0
2021 $14,628 $231,500 $0 $0
2020 $14,467 $220,400 $0 $0
2019 $14,518 $220,900 $0 $0
2018 $9,356 $196,900 $0 $0
2017 $4,102 $193,700 $0 $0
2016 $10,841 $181,900 $0 $0
2015 $17,270 $183,800 $0 $0
2013 $16,730 $171,400 $0 $0
2012 $7,904 $166,700 $40,000 $126,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 Price Changed $349,999 0.0% $70 / Sq Ft
01/03/2026 01/03/26 Price Changed $350,000 -4.1% $70 / Sq Ft
10/17/2025 10/17/25 For Sale $364,900 -- $73 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 --
Warranty Deed $205,000 First Amer Title Ins Co
Land Contract -- Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20251046530

Realcomp

APN: 31-106-99-0006-704

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