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Office Building with State Contract
For Sale
$199,000

59 E Saint Joe St, Hillsdale, MI 49242

Maintained office property with an active State of Michigan contract extending through August 2028.

Property SizeContact for details
Days on Market301

Property Features for 59 E Saint Joe St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,062
Listing Agency: Spieth & Satow Auctions & Real Estate
Listed By: Darin W Spieth · License #6501348697
Source: Exprealty
Added: Dec 9, 2025 Changed: Oct 5 Last Checked: Oct 5 at 9:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spieth & Satow Auctions & Real Estate

Investment Insights

Based on property information with market context.

This office building has been maintained throughout its interior and exterior and is currently under contract with the State of Michigan. The existing agreement extends through August 31, 2028, providing a defined contractual term for the property.

Key Highlights

  • Under contract with the State of Michigan through August 31, 2028
  • Interior and exterior have been maintained

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom Building Supply Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 49242, MI

14,812
Population
6,687
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
90.6 sq mi
ZIP Area
163
Density / Sq Mi
$57,813
Median Household Income
$28,886
Median Earnings
$770
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Maintained office property with an active State of Michigan contract extending through August 2028.
Where is this office building located?
The property is located at 59 E Saint Joe St Hillsdale, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Under contract with the State of Michigan through August 31, 2028; Interior and exterior have been maintained
More about this property
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