$499,000
( $49.90Per Sq Foot )
$2,679 est/mo Sourced by Back At You576-588 Olds Street , Jonesville, MI 49250
Jonesville, MI 49250
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 Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 635 |
| Listing Provided By | NAI Wisinski of West Michigan | Jodi K Milks |
Features
| SQ Feet | 10,000 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 2 |
| Zoning | HC, Highway Com |
| Acreage | 2.37 |
Market Activity 49250
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Learn More About This Property
| State | MI |
|---|---|
| County | Hillsdale |
| City | Jonesville |
| Zip Code | 49250 |
| Area | Hillsdale County X |
| Subarea | X |
| School District | Jonesville |
| Listing VS Median (in 49250) | |
Price: $499,000 low | high Med: $249,900 SqFt: 10,000 low | high Med: 2,855 $ / SqFt: $50 low | high Med: $88 On Site: 635 low | high Med: 57.000000 | |
Listing Updated: January 6, 2025 at 11:30:40 AM PST
