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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1350 E M 21 , Owosso, MI 48867
$1,000,000
Est. Payment: $2,222.22/mo
0 Bed
0 Bath
10720 Sqft
Status: Active | Days on site: 134
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25248113 - 186571
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House 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.

Highlights

Listed by Scott Myers , 810-397-3192 RE/MAX Platinum - Grand Blanc , 810-695-4111.

Property Type

Commercial Sale

Lot/Acreage
0.98

County

Shiawassee

Neighborhood

Caledonia Twp

School District

Corunna

Listing ID

20251002889

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$2,222
Taxes
$1,266

Home Price

$1,000,000

Loan Details

30 yrs
%

Down Payment

20%
$200,000
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Monthly Price:
$2,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,222.22 $1,265.75 $0.00 $3,487.97
Yearly $26,666.67 $15,189.00 $0.00 $41,855.67
Total $800,000.00 $455,670.00 $0.00 $1,255,670.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Owosso, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.