Catylist ID:
#30170568
Redevelopment Commercial for Sale - Jonesville
Retail-Commercial
for Sale
| Catylist Listing ID: | 30170568 |
| Property Subtypes: | Free-Standing Building, Retail-Pad |
| Building Size (RSF): | 1,200 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 14,000 SF |
| Sale Price: | $150,000 |
| Unit Price: | $125 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/23/2018 |
Overview / Comments
| Commercial property with great visibility in City of Jonesville at intersection of W Chicago and Olds Street. Ideal for redevelopment into retail site. Value is in the land, building is obsolete. |
Attachments & Media
Financials
| Finance Data Year | 2017 |
|---|---|
| Real Estate Taxes - Annual($) | $2,307 (Annual) |
| Assessed Value - Total($) | $44,000 (Annual) |
Additional Details
| Nearest MSA: | Hillsdale |
| County: | Hillsdale |
| Taxing Authority: | City of Jonesville |
| Tax ID/APN: | 30210041000160463 |
| Zoning: | HC- HIGHWAY COMMERCIAL |
| Retail Clientele: | General, Family, Business, Traveler |
| Property Located Between: | Olds Street & Water Street |
| Property Visibility: | Excellent |
| Largest Nearby Street: | US 12 |
| Feet of Frontage: | 140 |
| Highway Access: | US-12 |
| Airports: | DTW, Jackson |
| Area Description: | The City of Jonesville is located in south central Michigan about 20 miles due north of the border where Michigan, Ohio, and Indiana meet. It was founded in 1828 as a stopping place along a path the Indians called the "Sauk Trail". In later years it was referred to as the "Old Chicago Trail" and the "Military Road". Today, Jonesville is at the crossroads of highways US-12 and M-99 and has a population of about 2,400. Jonesville is known for the large industrial park that employs many residents from around the area. Once a major parts supplier to the auto industry, diversification has adjusted production to other segments of the economy as well. A talented and well-educated workforce has made Jonesville a draw for new industry. The housing in Jonesville is made up mostly of well-maintained older homes, some dating back to the mid 1800's. A newer subdivision just outside the city limits features large modern homes in a semi-rural setting. There are expandable areas inside the city limits in residential, commercial, and industrial zones. The city is proud of its history and is making progressive choices for its future. |
| Total Number of Buildings: | 1 |
| Property Condition: | Poor |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Parking Type: | Structure |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Zoning Description: | A. The purpose of the Highway Commercial District is to provide specific standards for the state trunkline roadways serving the Village of Jonesville and Fayette Township. These standards are intended to preserve the traffic carrying capacity of these roadways and maintain the character of the Village and Township while accommodating a reasonable amount of growth and provide necessary services to the traveling public as well as area residents. B. Among the specific purposes of the Highway Commercial District are: 1. Encourage efficient flow of traffic by minimizing conflicts from turning movements. 2. Make land use and site plan review decisions with the transportation system to sustaining the capacity of the road by limiting and controlling the number and location of driveways and requiring alternate means of access through shared driveways, service drives, and access from cross streets. 3. Sustain the traffic carrying capacity of the roadway in order to delay or avoid premature widening which would detract from the character of the Village and Township. 4. Ensure that distractions to motorists are minimized by avoiding blight and clutter, promoting aesthetics, and providing property owners and businesses with appropriate design flexibility and visibility. 5. Encourage the rural and small town character as expressed through the Master Plan by requiring buildings and parking to be set back from the roadway. 6. Encouraging landscaping in sites along the roadway as developed to preserve the rural and small town character of the area and complement existing natural features within the Village and Township. SECTION 10.02 PERMITTED USES In the HC Highway Commercial District, land, buildings, and other structures shall be used only for the following specified uses: A. Office buildings for any of the following occupations: 1. Executive, administrative, professional, accounting, drafting, and other similar professional activities, as determined by the Zoning Administrator. 2. Medical and dental offices and clinics. B. Banks, credit unions, savings and loan associations, and other similar uses as determined by the Zoning Administrator, including those with drive-through facilities. C. Personal service establishments conducting services on the premises, including barber and dry-cleaning service outlets, beauty shops, fitness centers, travel agencies, and other similar uses, as determined by the Zoning Administrator. D. Retail businesses of fifty thousand (50,000) square feet gross floor area or less, conducting business entirely within an enclosed building. E. Drug stores and pharmacies, including those with drive-through facilities. VILLAGE OF JONESVILLE / TOWNSHIP OF FAYETTE ZONING ORDINANCE CHAPTER 10 2 HC HIGHWAY COMMERCIAL DISTRICT F. Restaurants, exclusive of drive-through facilities. G. Private clubs, fraternal organizations, and lodge halls. H. Dry-cleaning and laundry establishments performing cleaning operations on the premises, including retail/service operations. I. Indoor recreational facilities, excluding bowling alleys. J. State licensed child care facilities in accordance with Section 2.32. K. Utility and public service buildings, without storage yards, but not including essential public services such as poles, wires, and underground utility systems. L. Accessory buildings, structures, and uses, customarily incidental to any use, in accordance with Section2.21. |
| Lot Frontage: | 140 |
| Lot Depth: | 100 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Electric Lines |
| Legal Description: | SEC 4 T6S R3W City of Jonesville |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 4,371 | 15,461 |
| Median Age: | 36.36 | 35.38 |
| Households: | 1,629 | 5,692 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
