205 E Chicago Street Jonesville, MI $ 1,100,000
205 E Chicago Street
$ 1,100,000
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205 E Chicago Street

Jonesville, MI, 49250
$ 1,100,000
Bedrooms-- Baths3.0

Monthly Estimate*

$ 7,597

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Commercial Property for sale in Jonesville, MI

for $1,100,000 with 3 full baths. This building was built in 2010 on a lot size of 0.13.

This is a turn key opportunity, with two additional parcels; 21-060-001-042 and 21-060-001-156. A well-documented history of success. Located on US 12 in Jonesville Mi.. Potential buyer must sign a NDATurnkey, fully staffed with banquet/event revenue Established full-service restaurant, with strong performance over multiple years. Detailed financials available upon request with signed NDA. This is a turnkey operation with an experienced kitchen and front-of-house management team in place, supported by a reliable and well-trained staff. The business has been consistently operated and offers a smooth transition for a new owner. The facility is a purpose-built fine dining establishment constructed in 2011, featuring steel construction, high ceilings, and quality finishes throughout. The property includes approximately 2,680 sq. ft. of main dining space, a 1,224 sq. ft. banquet/event area (seating up to 72 guests), a 270 sq. ft. private dining room (seating up to 20 guests), a 1,332 sq. ft. fully equipped commercial kitchen, and a 1,548 sq. ft. basement for storage. Additional features include a full-service bar, Class C liquor license, and both street and rear parking lot access. The layout supports both daily dining service and private events, providing multiple revenue streams. The business operates in a stable market with strong repeat customer traffic and consistent demand. In addition to local residents, customers are drawn from surrounding communities, along with nearby college-related traffic, including visiting families and event-driven business. Growth opportunities include expanding operating days beyond the current five-day schedule, as well as implementing targeted marketing efforts. The business has historically relied on word-of-mouth and repeat clientele, with significant potential to increase catering and event bookings through digital and local advertising. Sale includes both the business and the seller-owned real estate, which was previously appraised at $850,000 (2022). The asking price re

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Commercial Active

Price

$ 1,100,000

Full Bath

3

Property Type

Commercial

Taxes

$ 26,791

Style

BusinessandRealEstate

Lot Size

0.13

Year Built

2010

Town/City

Jonesville

County/Region

Hillsdale

MLS | Web ID

53026051835

Features
General
Sewer PublicSewer
Heating Geothermal HotWater
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected
Possession CloseOfEscrow
Construction Materials Brick SteelSiding Stone
Year Built 2010
Property Subtype BusinessandRealEstate
Tax Year 2025
Accessibility InteriorDisabledFacilities
County Hillsdale
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Building Features Furniture
Status Active
City JonesvilleCity_Hillsdale
Disclosures NonConformingZoning
Senior Community Y/N N
High School District Jonesville
Number Of Units Total 1
MLS Area Area30062Jonesville
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 26791.62
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 370000
Legal Description Per Grid
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Interior
Basement CommonStorageLocker
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 3
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Exterior
Parking Features Paved
Water Source Public
Lot Size Area 5663.0
Foundation Details Basement
Number of Buildings 1
Spa N
Lot Dimensions 45x108
Lot Size Acres 0.13
Road Surface Type Paved
Waterfront Y/N N
Other Equipment Other
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 205
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* Excluded Features
List By
Darin W Spieth

Listing Agent

Spieth & Satow Auctions & Real Estate

Broker

(517) 398-6060

Phone

Affordability Calculator

$9,830
Per Month
77%
23%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
$2,233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1257842 Elementary School
1257843 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,100,000 Listed Price

Map


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205 E Chicago Street, Jonesville, MI, 49250 is a Commercial Property for sale at $1,100,000 with a lot size of 0.13. 205 E Chicago Street has 3.0 baths and was built in 2010. The property's zip code is 49250 which is in Jonesville, MI