$499,000 $2,679 est/mo Sourced by Back At You

576-588 Olds Street,Jonesville, MI 49250

Jonesville MI, 49250

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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.

Details

MLS#23012825
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1995
Days On Site354
Listing Provided ByNAI Wisinski of West Michigan | Jodi K Milks

Features

Units1
Building(s)2
ZoningHC, Highway Com
Acreage2.37

Market Activity 49250

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.

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Learn More About This Property

StateMI
CountyHillsdale
CityJonesville
Zip Code49250
AreaHillsdale County X
SubareaX
School DistrictJonesville
Listing VS Median (in 49250)
Price:
$499,000
low | high
Med:
$135,900
100% of Average
On Site:
354
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: March 13, 2024 at 3:20:19 PM PDT
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