Mid-Mitten Realty
1350 E M 21 Active Save Request In-Person Tour Request Virtual Tour
Owosso,MI 48867
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,720 sqft
Price per Sqft $130
Subdivision Mi
MLS Listing ID 60398908
Annual Tax Amount $15,189
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions 114x304x116x307
Property Sub-Type Commercial/Industrial
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.
Location
State MI
County Shiawassee
Area Caledonia Twp (78004)
Zoning Professional Office,Commercial
Building
Foundation Slab
Water Public Water
Structure Type Brick,Other
Others
Ownership Private
Financing Cash,Conventional