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1350 E M 21 Owosso, MI 48867
10,720 SqFt
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,720 sqft
Price per Sqft $93
Municipality Caledonia Twp
Subdivision Caledonia Twp
MLS Listing ID 20251002889
Annual Tax Amount $15,189
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions 114x304x116x307
Source Realcomp
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
Zoning Commercial,Office
Direction N State Rd and M-21
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Structure Type Other,Brick
Schools
School District Corunna
Others
Tax ID 00720100015
Listed by RE/MAX Platinum - Grand Blanc
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Mark Vanderwal
Realtor & Marketing Expert License ID: 6501398317
+1(616) 813-9373 | mark@markvanderwal.com