OFFICE INVESTMENT OPPORTUNITY - JONESVILLE, MI

Office for Sale
Catylist Listing ID: 30437576
Property Subtypes: Office Building
Building Size (RSF): 10,000 SF
Gross Land Area: 2.37 Acres
Sale Price: $550,000
Unit Price: $55 PSF
Property Use Type: Investment
Building Name: Trillium Plaza
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 11.0%
Last Updated: 7/23/2019

Overview / Comments

OFFICE INVESTMENT OPPORTUNITY – Two buildings totaling 10,000 SF in in Jonesville, Michigan. Bldg. 1 is a 6,000 SF multi-tenanted office/retail building with 4 suites featuring US Staffing, Leigh Raddatz, CPA, Pinnacle Propane and a 900 RSF suite available for lease. Bldg. 2 is a 4,000 SF single-tenanted office building occupied by the USDA since 1999. Property offers 2.37 acres with 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. Area tenants include Ritz-Craft Corp., NE Fabrication Corp., Interdyne, Martinrea Steel, Jonesville Paper Tube Corp., Alphi Mfg., GreenStone Farm Credit Svc., Tractor Supply Company and Walmart Supercenter at Jonesville Crossing.

Additional Details

Nearest MSA: Hillsdale
County: Hillsdale
Taxing Authority: Jonesville, City of
Tax ID/APN: 30-21-008-200-015-08-6-3
Zoning: HC, HIGHWAY COMMERCIAL
Property Located Between: Chicago Rd/M-12 & Fayette Rd.
Property Visibility: Excellent
Highway Access: Located on M-99
Area Description: Located at entrance to Jonesville Industrial Park.
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Gable
Construction/Siding: Brick, Wood Frame
Parking Type: Surface
Parking Description: 93+/- Spaces
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: HC, Highway Commercial District
Lot Frontage: 247'
Lot Depth: 438'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COM NE COR SEC, TH S 1325.94 FT TO NLY E-W1/8 LN, TH W 148.41 FT TO WLY R/W BECK RD, TH N 09 DEG 34 MIN W 467.03 FT TO POB TH N 09 DEG 34 MIN W 250 FT, TH S 89 DEG 11 MIN W 397.15 FT, TH S 247.11 FT,TH N 89 DEG 11 MIN E 438.49 FT TO POB DDA SEC 8 T6S R3W 2.37 A M/L CITY OF JONESVILLE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,063 6,315 13,321
Median Age: 42.61 32.14 35.13
Households: 458 2,106 4,935

Contact

Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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