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Property profile & analytics
OFF-MARKET
Commercial real estate

4240 Chicago Rd Jonesville, MI 49250-9750

0.88 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US43-3582577
Property summary
AI-generated overview

This exceptional 0.88-acre commercial property located at 4240 E Chicago Road in Jonesville, Michigan, presents a unique investment opportunity. Priced at $150,000, this special-purpose property boasts a substantial 3000 square foot building constructed in 1853. Its rich history includes service as both a church and a trading post, showcasing its enduring structural integrity. The building has undergone several updates, including a new furnace and well pump, ensuring modern functionality. A dry basement adds further utility and storage potential. Situated in a high-traffic area, this property offers endless possibilities for a variety of commercial ventures. Imagine transforming this historic landmark into a thriving coffee shop, a tranquil yoga studio, or any other business that aligns with your vision. The property's prime location and versatile space make it an ideal canvas for your entrepreneurial aspirations. The 49250 zip code ensures convenient access to local amenities and a strong customer base. Don't miss this chance to own a piece of Jonesville's history and shape its future. Contact us today to schedule a viewing and explore the potential of this remarkable property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.88 ac (38,289 SF)
APN 03-020-100-006-20-5-2
UPID US43-3582577
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owen Garcia · 4 yrs held
Owen Garcia
since 2022
Last sale
$100,000
3 recorded transactions
2022
$100,000
2016
Price N/A
2013
$25,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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