Turnkey Office Building with Long-Term
For Sale
$1,000,000
E 1350 E M 21 Unit SourceFi, Owosso, MI 48867
Office building leased long-term to the Social Security Administration and Orthopedic Associates, with major 2018–2022 capital updates.
Property Size10,720 SF
Price / SF$93.28
Days on Market434
Property Features for E 1350 E M 21 Unit SourceFi
General Information
Standard status
Active
Size
10,720 SF
Property subtype
Industrial
Amenities
3
114304116307
Listing Agency:
(810) 397-3192
Listed By:
Grand Blanc
(810) 397-3192
Source:
Xome
Added: May 25, 2025
Changed: Jul 25
Last Checked: Aug 1 at 2:51AM
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 Grand Blanc
Investment Insights
Based on property information with market context.
This turnkey office building is reported to be in excellent condition and features long-term leases with the Social Security Administration and Orthopedic Associates. The property has undergone extensive improvements, 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, per seller, to meet federal guidelines. The combination of updated building systems and ongoing tenancy supports a straightforward, income-focused ownership structure for qualified buyers. Located in Owosso, Michigan, this property is being offered for sale.
In 2022, the Social Security office was renovated at a cost of $1.5 million, per seller, to meet federal guidelines. The combination of updated building systems and ongoing tenancy supports a straightforward, income-focused ownership structure for qualified buyers. Located in Owosso, Michigan, this property is being offered for sale.
Key Highlights
- Office building with long‑term leases to Social Security Administration and Orthopedic Associates
- Major updates including full lower‑level renovation in 2021
- Roof and gutter replacements, plus resurfaced parking lot in 2021
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office building leased long-term to the Social Security Administration and Orthopedic Associates, with major 2018–2022 capital updates.
Where is this medical office space located?
The property is located at E 1350 E M 21 Unit SourceFi 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: Office building with long‑term leases to Social Security Administration and Orthopedic Associates; Major updates including full lower‑level renovation in 2021; Roof and gutter replacements, plus resurfaced parking lot in 2021
