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Turnkey Medical Office Building
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1350 E M 21, Owosso, MI 48867

A well-maintained office asset with recent HVAC, roof, parking, and federally compliant Social Security renovation.

Property Size10,720 SF
Price / SF$93.28
Days on Market450

Property Features for 1350 E M 21

General Information

Standard status Active
Size 10,720 SF
Property subtype Office

Additional Details

Business Included Yes

Building Details

Year Renovated 2021
Tenancy Multi
Listing Agency: RE/MAX Grande
Listed By: Scott Myers · License #620395235
Source: Crexi
Added: May 28, 2025 Changed: Aug 8 Last Checked: Aug 20 at 1:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Grande

Investment Insights

Based on property information with market context.

This turnkey office building is well positioned for professional and medical uses, with long-term tenants already in place. The property is reported to be in excellent condition and has benefited from substantial upgrades, including a full lower-level renovation in 2021. Additional improvements include roof and gutter replacements, five new HVAC units installed in 2018, and a resurfaced parking lot completed in 2021.

The property is located at 1350 E M 21 in Owosso, Michigan. Public remarks indicate the building’s current tenant base includes the Social Security Administration and Orthopedic Associates, which supports day-to-day operational continuity.

For buyers seeking an office investment with demonstrated occupancy, this building offers a practical, move-in-ready profile backed by significant capital work. The seller also reports that in 2022 the Social Security office was renovated at a cost of $1.5 million to meet federal guidelines. With multiple high-impact system and exterior updates already completed, the property may be well suited for buyers looking to acquire a stabilized office facility with existing professional tenants and documented improvements.

Key Highlights

  • Long‑term leases in place with the Social Security Administration and Orthopedic Associates
  • Full lower‑level renovation completed in 2021
  • Roof and gutters replaced; resurfaced parking lot completed in 2021

Property Analytics

Current Use

Alvin M Bentley ... Charitable Organization Owosso Heart Institute Medical Clinic

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 48867, MI

27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - A well-maintained office asset with recent HVAC, roof, parking, and federally compliant Social Security renovation.
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 in place with the Social Security Administration and Orthopedic Associates; Full lower‑level renovation completed in 2021; Roof and gutters replaced; resurfaced parking lot completed in 2021
(810) 695-4111 Call to check price and availability
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