Map of Property

OFFICE/RETAIL BUILDING

For Sale

576 - 588 Olds Street, Jonesville, MI 49250

This Jonesville property for sale is located at 576 - 588 Olds Street. The general use of OFFICE/RETAIL BUILDING is office and it incorporates 10,000 square feet of class C office space. The current listed sale price for OFFICE/RETAIL BUILDING is $499,000. OFFICE/RETAIL BUILDING is situated on a lot that is 2.37 acre in size.

Contacts

broker

Jodi Milks, CCIM

NAI Wisinski of West Michigan

Property Details

  • Property Type Office - General Office
  • Property Size 10,000 SF
  • Units 5
  • Lot Size 2.37 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Nov 14, 2024
Located on Olds St./M-99, southwest of downtown Jonesville at entrance to Jonesville Industrial ParkVALUE-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. Contact broker for additional information. Do not approach tenants/employees. Parcel size/dimensions subject to buyer verification.AVAILABLE FOR LEASE: 825 RSF and 3,000 RSF office/retail suites available in 6,000 SF multi-tenanted building (Bldg. 1 - 576 Olds Street) in Jonesville. Located on Olds St./M-99, just southwest of downtown Jonesville, the highly visible site is situated at the entrance to the Jonesville Industrial Park. Property includes generous on-site parking and good signage opportunities. Co-tenanted by Leigh Raddatz, CPA, Willow Insurance Group and the USDA. Area tenants include Ritz-Craft Corp., NE Fabrication Corp., Jonesville Tool & Mfg., K&K Tannery, Advanced Farm Supply, Mega Screen Corp., Stoll Metal Sales, Martinrea Steel, Jonesville Paper Tube Corp., GreenStone Farm Credit Svc., Tractor Supply Company, Walmart Supercenter at Jonesville Crossing and more. All leases subject to Landlord’s approval of Tenant’s use and credit in its sole discretion. Tenant pays gas, electric, janitorial and telephone/data.

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Highlights

  • 10,000 SF value-add, 2-building office investment opportunity on 2.37-acre parcel in Jonesville
  • 6,000 SF - 576 Olds St (Building 1) - Multi-tenanted office/retail building offers 4 suites occupied by Leigh Raddatz, CPA and Willow Insurance Group / Value-add opportunity with 825 RSF and 3,000 RSF suites available for lease at $12.00/RSF Modified Gross
  • 4,000 SF - 588 Olds St. (Building 2) - Single-tenanted office building occupied by the USDA since 1999
  • Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage
  • Highly visible site on Olds St./M-99, southwest of downtown Jonesville at entrance to Jonesville Industrial Park
  • Zoned HC, Highway Commercial District in the Village of Jonesville
  • 13% in-place income cap rate and $50/SF
  • Great value-add property for owner/investor

Getting around

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Location

  • City Jonesville, MI
  • Zip Code 49250

Points of Interest

  • Citgo

    0.24 miles

  • Marathon

    0.46 miles

  • Briner Oil Company

    0.68 miles

  • BP

    0.87 miles

  • Meijer

    1.27 miles

  • Shell

    1.86 miles

  • Kroger

    2.95 miles

  • Sunoco

    3.14 miles

  • EV Connect

    3.23 miles

  • Midtown Lot

    3.91 miles

  • Allen Community Parking Lot

    5.14 miles

  • Munro House Bed & Breakfast

    1.09 miles

  • Days Inn by Wyndham Hillsdale

    2.04 miles

  • Rose Corner Inn

    4.00 miles

  • Walmart Supercenter

    0.32 miles

  • Meijer

    1.36 miles

  • Kroger

    2.94 miles

  • Market House Supermarket

    3.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jodi Milks, CCIM

NAI Wisinski of West Michigan