576-588 Olds St Jonesville, MI 49250
- Industrial properties
- 10,000 SF
- 2.37 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 576-588 Olds St
- Year built
- 1995
- Lot size
- 2.37 lot acres
- Property size
- 10,000 SF
- Property type
- Industrial properties
Description
This exceptional Jonesville, MI, industrial property presents a compelling investment opportunity. Comprising two buildings totaling 10,000 square feet on a generous 2.37-acre parcel, this property offers significant potential. The first building, located at 576 Olds, encompasses 6,000 square feet and is currently configured as office/retail space. It houses one small tenant, Willow Insurance Group, occupying 825 square feet, leaving ample space for expansion or additional tenants. The second building, situated at 588 Olds, offers 4,000 square feet of office space and has been continuously occupied by the USDA since 1999. The property boasts convenient features including two access drives, providing ample access and maneuverability. With over 93 parking spaces, there is no shortage of parking for employees and visitors. Prominent monument/pylon signage ensures high visibility and brand recognition. Located in the Highway Commercial (HC) district of the Village of Jonesville, this highly visible site sits southwest of the downtown area, at the entrance to the Jonesville Industrial Park, guaranteeing excellent exposure to a high volume of traffic. This property is ideally suited for an owner-occupant seeking a value-add opportunity or an investor looking for a strong return on investment in a desirable location. The existing tenants provide a stable income stream, while the substantial available space allows for future growth and development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonesville
- County
- Hillsdale
- State
- Michigan
- Longitude
- -84.672
- Latitude
- 41.9689
