576-588 Olds Street, Jonesville, MI

$499,000

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2.37

Acres

About 576-588 Olds Street

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.

Features of 576-588 Olds Street

MLS® # 23012825
Price $499,000
Bathrooms 0.00
Acres 2.37
Year Built 1995
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 576-588 Olds Street
Area Hillsdale County - X
City Jonesville
County Hillsdale
State MI
Zip Code 49250

Amenities

Parking Paved
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace No
# of Fireplaces 2

Exterior

Roof Composition

School Information

District Jonesville

Listing Details

AgentJodi Milks
OfficeNAI Wisinski of West Michigan

Listing Map

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