Olds St Jonesville, MI 49250
This exceptional commercial property in Jonesville, Michigan presents a unique 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, at 6,000 square feet, is currently partially occupied by a small tenant, Willow Insurance Group, leasing 825 square feet. The second building, a 4,000 square foot structure, 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 tenants and visitors. The prominent location allows for excellent visibility thanks to monument/pylon signage. Situated in the Highway Commercial (HC) district of the Village of Jonesville, this site enjoys a highly visible location southwest of the downtown area, conveniently positioned at the entrance to the Jonesville Industrial Park. This property is ideal for an owner-occupant seeking a value-add opportunity, offering a substantial footprint and strong existing tenancy. The combination of size, location, and existing income stream makes this a compelling investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.