Property Attributes
- MLS#23012825
- TypeCommercial
- CountyHILLSDALE
- CityJonesville
- AreaJonesville Vllg
- NeighborhoodJonesville Vllg
- Zip49250
- StyleOffice
- Year Built1995
- Taxes$ 15539
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.37 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
Price History | |
---|---|
4/26/2023 | Listed $549,000 |
7/18/2023 | 10% - $499,000 |
General Features
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 |
Township | Jonesville Vllg |
Property SubType | Office |
Tax Year | 2022 |
Business Type | Professional/Office,Retail |
County | Hillsdale |
New Construction | No |
Property Type | Commercial Sale |
Attached Garage | No |
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 | No |
Street Name | Olds |
Land Lease Y/N | No |
Tax Annual Amount | 15539.0 |
Lease Renewal Y/N | No |
MLS Area Minor | Hillsdale County - X |
Additional Parcels Y/N | No |
Lease Considered Y/N | Yes |
Rent Control Y/N | No |
Availability Date | 2023-04-01 |
Days on Market | 408 |
Standard Status | Active |
Occupancy Description | Tenant |
Tax Assessed Value | 245807 |
Ownership Type | LLC |
MobileHomeRemainsYN | No |
Legal Description | Attached |
Senior Community | None |
Interior Features
Total Fireplaces | 2 |
---|---|
Total Stories | 1 |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Street Suffix | Street |
Electric On Property Y/N | No |
Exterior Features
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 | No |
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 | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool