576-588 Olds Street Jonesville, MI ^$ 499,000

576-588 Olds Street

^$ 499,000

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576-588 Olds Street

Jonesville, MI, 49250

^$ 499,000

Studio Baths0.0 Sq 10,000

Monthly Estimate*

^$ 3,317

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 10,000 square foot 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.

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 15,539

Style

Commercial/Industrial

Lot Size

2.37

Year Built

1995

Town/City

Jonesville

County/Region

Hillsdale

MLS | Web ID

70309461

Features

General

Heating Forced Air

Possession At Close

Roof Composite

Water Public Water Public Water at Street

Status Active Active

Year Built 1995

Parking 21+ Spaces

County Hillsdale

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Jonesville

Zoning Commercial

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available Telephone

Area Jonesville (30024)

Directions Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.

City Jonesville

Street Name Olds

Financial Terms Cash

Legal Description Attached

DOM 417

Price Per Sq Ft Total 49.9

Coming Soon 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

Exterior

Exterior Brick Frame Stone Wood

Frontage 1

Lot Size Area 2.37

Lot Dimensions Irregular

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Jodi Milks

Listing Agent

Nai Wisinski Of West Michigan

Broker

jodim@naiwwm.com

Affordability Calculator

$4,611

Per Month

Monthly Principal & Interest: $3,317
Monthly Property Taxes: $1,295
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Commerical listings in Jonesville, MI

Average List Price ^$196,822

Percent of Sale Price 61%

About Jonesville, MI

2,081 Population

-5% Since 2002

^$46,579 Median Income

37.75 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2023	$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 10,000 sqft and 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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576-588 Olds Street

Commercial Property for sale in Jonesville, MI

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