$499,000
576-588 Olds Street Jonesville, MI 49250-9475
Save Share
Schedule a Tour
4
See all 4 photos
$499,000
Est. payment /mo
10,000 SqFt
Active
576-588 Olds Street Jonesville, MI 49250-9475
UPDATED:
04/24/2024 11:14 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $49
MLS Listing ID 70309461
Year Built 1995
Annual Tax Amount $15,539
Tax Year 2022
Lot Size 2.370 Acres
Acres 2.37
Lot Dimensions Irregular
Property Description
VALUE-ADD OFFICE INVESTMENT OPPORTUNITY: Two buildings totaling 10,000 SF on 2.37-acre parcel in Jonesville, Michigan. Building 1 (576) is a 6,000 SF multi-tenanted office/retail building with 4 suites. Existing tenants include Leigh Raddatz, CPA and Willow Insurance Group. Building 2 (588) is a 4,000 SF single-tenanted office building occupied by the USDA since 1999. Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage. Zoned HC, Highway Commercial District in the Village of Jonesville, this highly visible site is located southwest of downtown Jonesville at the entrance to Jonesville Industrial Park. A 13% in-place income cap rate and $50/SF makes this a great value-add property for an owner/investor.
Location
State MI
County Hillsdale
Area Jonesville (30024)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Garage 21+ Spaces
Waterfront No
Roof Type Composite
Building
Water Public Water, Public Water at Street
Structure Type Brick,Frame,Stone,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NAI Wisinski of West Michigan
GET MORE INFORMATION
