576-588 Olds Street Active Save Request In-Person Tour Request Virtual Tour
Jonesville Vllg,MI 49250
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $49
MLS Listing ID 66023012825
Year Built 1995
Annual Tax Amount $15,539
Lot Size 2.370 Acres
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
Zoning Other
Interior
Heating Forced Air,Central Air
Exterior
Pool No
Waterfront no
Roof Type Composition
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick,Frame,Stone,Wood
Schools
School District Jonesville
Others
Acceptable Financing Cash,Lease
Listing Terms Cash,Lease
Special Listing Condition Unknown/Data Share Listings