1350 E M 21 Owosso, MI 48867
Excellent condition, long-term leases, significant capital improvements, reliable income.
Lot size:
0.98 AcresProperty Features for 1350 E M 21
General Information
- Lot size
- 0.98 Acres
Source:
Elliman
Listing Agent: Scott Myers
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Investment Property For Sale
This property presents an investment opportunity with long-term leases currently in place with the Social Security Administration and Orthopedic Associates. The building is in excellent condition and has undergone numerous updates. A full lower-level renovation was completed in 2021. The roof and gutters have been replaced. Five new HVAC units were installed in 2018. The parking lot was resurfaced 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 Intelligence
Current Use by Public Records
Alvin M Bentley ...
Charity
Owosso Heart Institute
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Owosso
- County
- Shiawassee
- State
- Michigan
- Longitude
- -84.147074
- Latitude
- 42.997704
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Excellent condition, long-term leases, significant capital improvements, reliable income.
Where is this office building located?
The property is located at 1350 E M 21 Owosso, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: - Long-term leases with strong tenants like Social Security Administration and Orthopedic Associates ensure reliable income.; - Significant capital improvements, including a $1.5 million Social Security office renovation in 2022.; - Turnkey property in excellent condition, requiring minimal immediate investment.