576-588 Olds Street Jonesville, MI 49250
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.
- Property TypeCommercial
- NeighborhoodJonesville
- CountyHillsdale
- Taxes$15,539
- HOA/Condo/Coop Fees$0
- Days on Site290 Days
- MLS StatusActive
- MLS ID Number70309461
- Home Size Source N/A
- Year Built1995
- Lot Size2.37 Acres
- Full BathsN/A
- Partial BathsN/A
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