576-588 Olds Street, Jonesville, MI 49250 (MLS # 23012825)

PRICE	$499,000
SIZE	10,000 sqft
LOT SIZE	2.37 ac

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.

DAYS ON MARKET	613	LAST UPDATED	7/17/2023
YEAR BUILT	1995	COMMUNITY	Hillsdale County - X
COUNTY	Hillsdale	STATUS	Active
PROPERTY TYPE(S)	Commercial

PRICE HISTORY
Prior to Jul 17, '23	$549,000
Jul 17, '23 - Today	$499,000

ADDITIONAL DETAILS
AIR	Central Air
AIR CONDITIONING	Yes
AREA	Hillsdale County - X
BUYER'S BROKERAGE COMPENSATION	3.00
CONSTRUCTION	Brick, Stone
FIREPLACE	Yes
LOT	2.37 acre(s)
LOT DIMENSIONS	Irregular
PARKING	Paved
SEWER	Public Sewer
STORIES	1
TAXES	15539
UTILITIES	Natural Gas Available, Phone Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
WATER	Public
ZONING	HC, Highway Com

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Listing provided by NAI Wisinski of West Michigan, Jodi K Milks

Updated 12/4/24 12:21 AM PST

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