2.4 Acres of Improved Commercial Land for Sale in Jonesville, Michigan

576-588 Olds St, Jonesville, MI 49250

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$499,000
2.37 acres
Active sale agoEst $4,005/mo

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.

10,000
Sq feet
1995
Built

Directions

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

Property details

Coordinates
41.969, -84.6721
Zoning
HC, Highway Com
Elevation
1,099 feet
MLS Number
GRAR 23012825
Date Listed

Parcels

  • 210082000150863

Property taxes

2022
$15,539

This 2.37-acre property is located at 576-588 Olds St in Jonesville, MI 49250 with latitude 41.969 and longitude -84.6721. The property is currently available for sale for $499,000. It has a 10,000 sq ft structure built in 1995. Listing data is sourced from Grand Rapids Association of Realtors # 23012825.

Verify sale details at the property source or contact NAI Wisinski of West Michigan at (269) 353-0311.

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Listing checked and updated . Parcel data by Regrid.

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