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576-588 Olds Street Jonesville, MI $ 499,000
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$ 499,000 Get more info
576-588 Olds Street
$ 499,000
Back to search
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576-588 Olds Street

Jonesville, MI, 49250
$ 499,000
Baths0.0

Monthly Estimate*

$ 3,486

576-588 Olds Street, Jonesville, MI 49250 - Image 1
576-588 Olds Street, Jonesville, MI 49250 - Image 2
576-588 Olds Street, Jonesville, MI 49250 - Image 3
576-588 Olds Street, Jonesville, MI 49250 - Image 4
Studio

Commercial Property for sale in Jonesville, MI

for $499,000. This building was built in 1995 on a lot size of 2.37.

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.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,539

Style

Office

Lot Size

2.37

Year Built

1995

Town/City

Jonesville

County/Region

Hillsdale

MLS | Web ID

23012825
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Phone Connected Natural Gas Connected Electric Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Brick Stone
Year Built 1995
Tenant Pays Electricity Gas Janitorial Service
Property SubType Office
Tax Year 2022
Business Type Professional/Office Retail
County Hillsdale
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
Directions Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.
City Jonesville
High School District Jonesville
Zoning Description HC Highway Com
Total Units 1
MLS Area Hillsdale County - X
Lot Size Square Feet 103237.0
Waterfront Y/N N
Street Name Olds
Land Lease Y/N N
Tax Annual Amount 15539.0
Lease Renewal Y/N N
MLS Area Minor Hillsdale County - X
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Availability Date 2023-04-01
Days on Market 389
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 245807
Ownership Type LLC
Legal Description Attached
Senior Community None
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Exterior
Parking Features Paved
Water Source Public
Total Parking 93.0
Inclusions {u'Non-Applicable': True}
Lot Size Area 2.37
Number of Buildings 2
Spa N
Building Area Total 10000.0
Lot Dimensions Irregular
Lot Size Acres 2.37
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 2
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 576588
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* Excluded Features
List By
Nai Wisinski Of West Michigan

Broker

jodim@naiwwm.com

Email

Affordability Calculator

$4,781
Per Month
73%
27%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$1,295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248658 Elementary School
250414 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/18/2023$499,000 -9.11% Price Down
4/26/2023$549,000 Listed Price

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576-588 Olds Street, Jonesville, MI, 49250 is a Commercial Property for sale at $499,000 with a lot size of 2.37. 576-588 Olds Street is a studio with 0.0 baths and was built in 1995. The property's zip code is 49250 which is in Jonesville, MI

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