214 South Street, Jonesville, MI 49250
COMMERCIAL - Jonesville, MI
- Added:
- Feb 23, 2026
- Days on Market:
- 112
- Last Refresh:
- Jun 15 at 3:06 pm
Property Features for 214 South Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 21-060-001-108
- Size
- 1,102 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Per legal at court house
- Tax Annual Amount
- 2419
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 1
- Building materials
- Brick, Stone
- Roof type
- Metal
Listing agent Mary Playford (517) 849-7622
Listing office Playford Real Estate 255 E Chicago St. Suite B Mary Playford, Jonesville, MI (517) 849-7622
Listing date Feb 23, 2026
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key multi‑office commercial space in a high‑visibility location near M‑99 & US‑12.
- Functional layout with four private offices, kitchenette, and two restrooms.
- Ideal for various professional services, consulting, or small business operations.
- Durable and low‑maintenance exterior with brick facade and metal roof.
- Recent mechanical updates: AC (2021) and hot water heater (2024).
- Asphalt parking available.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.9k | $14.40 |
| − Vacancy | −$3.1k | −$2.85 |
| EGI | $12.7k | $11.55 |
| − OpEx | −$3.2k | −$2.89 |
| NOI | $9.5k | $8.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jonesville
- County
- Hillsdale
- State
- Michigan
- Longitude
- -84.661215
- Latitude
- 41.982266
