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.
General Information
Sale Price: $1,100,000
Price/SqFt: $103
Status: Active
MLS#: rcomi20251002889
City: caledonia twp
Post Office: owosso
Schools: corunna
County: Shiawassee
Acres: 0.98
Lot Dimensions: 114x304x116x307
Size: 10,720 sq.ft.
Acreage: 0.98 est.
Year Built:
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $3,885 Est. Winter Taxes: $11,304