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Additional details
$ 1,000,000
Est. payment /mo
Active
1350 E M 21 Owosso, MI 48867
10,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 10,720 sqft
Price per Sqft $93
MLS Listing ID 20251002889
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type RealEstateOnly
Property Description
Outstanding investment opportunity with long-term leases in place with the Social Security Administration and Orthopedic Associates. The building is in excellent condition and has undergone numerous updates, including a full lower-level renovation in 2021, roof and gutter replacements, five new HVAC units installed in 2018, and a resurfaced parking lot in 2021. In 2022, the Social Security office was renovated at a cost of $1.5 million to meet federal guidelines, per seller. This is a turnkey property with strong tenants, significant capital improvements, and reliable income potential.
Location
State MI
County Shiawassee
Area Area07071Caledoniatwp
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Corunna
School District Corunna
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Scott Myers of RE/MAX Platinum - Grand Blanc