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1350 E M 21

Owosso, MI 48867
  • $1,100,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 20251002889
Price Reduced
UPDATED: 74 min ago
$1,100,000
  • 0
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,720
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

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.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-08T15:57:53.403.
www.kelder.com/homes/164391152
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1350 E M 21 Owosso, MI 48867

  • Price: $1,100,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 74 min ago
  • MLS #: 20251002889
0
Beds
0
Baths
0
½ Baths
0.98
Acres
10,720
SQFT
$103
$/SQFT
Neighborhood:
Caledonia Twp (78004)
County:
Shiawassee
Area:
Caledonia Twp (78004)
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.
Exterior Features

Exterior Construction BrickOther Foundation Type Slab Frontage 114 Lot Size 114x304x116x307 Roads Paved Street Waterfront YN No

Interior Features

Basement YN No

Property Features

Commercial Type Commercial/Industrial Financial Terms CashConventional Lease YN Yes Municipality Caledonia Twp Occupant Scott Myers Ownership Private SEV 337900 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 3885 Taxable Value 337900 Total Tax Amount 15189 Water Public Water Winter Tax Amount 11304 Zoning Professional OfficeCommercial

Listing courtesy of RE/MAX Platinum - Grand Blanc : 810-695-4111.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-08T15:57:53.403.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423