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1350 E M 21 Owosso, MI 48867

For Sale
$1,000,000

Excellent condition, long-term leases, significant capital improvements, reliable income.

Lot size:
0.98 Acres

Property Features for 1350 E M 21

General Information

Lot size
0.98 Acres

Source: RE/MAX Platinum - Grand Blanc 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.
Insight Report Location Intelligence

Current Use by Public Records

Alvin M Bentley ... Charity Owosso Heart Institute Medical Clinic

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Owosso
County
Shiawassee
State
Michigan
Longitude
-84.147074
Latitude
42.997704

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.
More about this property
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