Commercial SaleOffice576-588 Olds Street, Jonesville, MI 49250

Basics

  • Date added: Added 2 years ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 2.37 sq ft
  • Year built: 1995
  • Bathrooms Full: 0
  • Lot Size Acres: 2.37 acres
  • Business Type: Professional/Office, Retail
  • County: Hillsdale
  • MLS ID: 23012825

Description

  • 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 9% proforma cap rate at $55/SF makes this a great value-add property for an owner/investor.

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Location

  • Directions: Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.

Building Details

  • Building Area Total: 10000 sq ft
  • Number Of Units Total: 1
  • Construction Materials: Stone, Brick
  • Heating: Natural Gas, Forced Air
  • Roof: Composition
  • Number Of Buildings: 2

Amenities & Features

  • Parking Total: 93
  • Inclusions: 1
  • Utilities: Telephone, Cable Connected, Public Water, Public Sewer
  • WaterSource: Public
  • Cooling: Central Air

Fees & Taxes

  • Tax Assessed Value: $245,807
  • Tax Year: 2022
  • Tax Annual Amount: $15,539

School Information

  • High School District: Jonesville

Miscellaneous

  • CrossStreet: W Chicago Rd/M-12 & Fayette Rd
  • Listing Terms: Cash
  • Tenant Pays: Electricity, Gas, Janitorial Service

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $499,000. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1995 year.

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