MI > Jonesville
Jonesville, MI 49250,576-588 Olds Street
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Jonesville, MI 49250,576-588 Olds Street
Jonesville, MI 49250,576-588 Olds Street
Jonesville, MI 49250,576-588 Olds Street
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Sandi Smith

Sandi Smith

Trillium Real Estate

+1(734) 216-6414
$ 499,000
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576-588 Olds Street Jonesville, MI 49250

10,000 SqFt

UPDATED:

04/24/2024 08:32 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $49

Municipality Jonesville Vllg

MLS Listing ID 23012825

Originating Board Michigan Regional Information Center (MichRIC)

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 Hillsdale County - X

Direction Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.

Interior

Cooling Central Air

Fireplaces Number 2

Inclusions {"Non-Applicable":true}

Exterior

Garage Paved

Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Waterfront No

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 93

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Stone

New Construction No

Schools

School District Jonesville

Others

Tax ID 210082000150863

Ownership LLC

Acceptable Financing Cash

Listing Terms Cash

Listed by NAI Wisinski of West Michigan