Olds St Jonesville, MI 49250
- Commercial real estate
- 2.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Olds St
- Year built
- 1995
- Lot size
- 2.37 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in Jonesville, Michigan, presents a compelling investment opportunity. Encompassing two buildings totaling 10,000 square feet on a generous 2.37-acre parcel, this property offers significant potential for growth and income. The first building, located at 576 Olds Street, is a 6,000 square foot office/retail space currently housing one small tenant, Willow Insurance Group, which occupies 825 square feet. The second building, situated at 588 Olds Street, is a 4,000 square foot single-tenant office building, 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 sufficient parking for tenants and visitors. Prominent monument/pylon signage ensures high visibility and brand recognition. Strategically located southwest of downtown Jonesville at the entrance to the Jonesville Industrial Park, this property benefits from excellent exposure and accessibility. Zoned HC (Highway Commercial District) within the Village of Jonesville, this site offers a unique blend of established tenancy and significant upside potential, making it an ideal acquisition for an owner-occupant seeking to expand their business or a savvy investor looking for a strong value-add opportunity. The asking price is $499,000.
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
- -84.6672
- Latitude
- 41.9813