MLS Public Remarks VALUE-ADD OFFICE INVESTMENT OPPORTUNITY: Two buildings totaling 10,000 SF on 2.37-acre parcel in Jonesville, Michigan. Building 1 (576) is a 6,000 SF multi-tenanted office/retail building with 4 suites. Existing tenants include Leigh Raddatz, CPA and Willow Insurance Group. Building 2 (588) is a 4,000 SF single-tenanted office building occupied by the USDA since 1999. Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage. Zoned HC, Highway Commercial District in the Village of Jonesville, this highly visible site is located southwest of downtown Jonesville at the entrance to Jonesville Industrial Park. A 13% in-place income cap rate and $50/SF makes this a great value-add property for an owner/investor.
http://www.www.jjrealtors.com.com/23012825
Township Jonesville Vllg
Directions Northwest corner of Olds Street/M-99 and Industrial Parkway in Jonesville.
Fin Below Grd SqFt 0
Total Fin SqFt 10,000
Price/SqFt $50
Unfinished SqFt 0
Above Grade Finished SqFt 10,000
CDOM 389
Sub Property Type Office
Year Built 1995
Days on Market 383
Business Type Professional/Office, Retail
Land Assessment -
Improvements -
Net Taxes $15539
Acreage 2.37
Taxes $15539.0
Tax Year 2022
Summer Taxes -
School District Jonesville
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 2.37
Lot Dimensions Irregular
WaterFrontage
0
Cooling Central Air
Water Public
Zoning HC, Highway Com
Basement N
Garage 0.0
Sewer Public Sewer
Parking Desc Paved
Garage Desc Paved
Terms/Misc. Cash
Possession Close Of Escrow
Exterior Materials Brick, Stone
Status Change Date 04/26/2023
Listing Date 04/26/2023
Internet/IDX Y
Named Exceptions N
Listing Office
Nai Wisinski Of West Michigan
Office Address
1803 Whites Rd, Suite 2
Listing Number
23012825
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