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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: $5,149.49/mo
0 Bed
0 Bath
10720 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

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. MichRIC

Property Type

Commercial Sale

Lot/Acreage
0.98

County

Shiawassee

Neighborhood

Caledonia Twp

School District

Corunna

Listing ID

20251002889

Questions about this listing?

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Interior Features

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

Exterior Features

Principal Interest
$5,149
Taxes
$1,266

Home Price

$1,000,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$200,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,149.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,149.49 $1,265.75 $0.00 $6,415.24
Yearly $61,793.93 $15,189.00 $0.00 $76,982.93
Total $1,853,818.01 $455,670.00 $0.00 $2,309,488.01
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC