576-588 Olds Street Active Save Request In-Person Tour Request Virtual Tour
Jonesville,MI 49250
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
Parking Type 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