203 AveJackson, MI 49201

For Sale
$310,000

Prime Medical Office & Retail Space, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property in Jackson, Michigan, presents a unique investment opportunity. Located at 203 S W Ave, this fee-simple building boasts 8,075 square feet of net rentable space, currently at 100% occupancy. The building, constructed in 1946 and renovated in 1987, features a blend of medical office and storefront space, ideal for a variety of uses. The property includes four bedrooms, potentially configurable into two to three apartments, adding significant rental income potential. Further enhancing its appeal are an attached two-car garage and an indoor swimming pool. Situated on a 0.392-acre lot zoned R-4, this two-story building offers substantial potential. The property also benefits from significant air rights, totaling 17,500 square feet, allowing for future expansion or development. Its convenient location near the corner of West Ave and Michigan Ave, just blocks from downtown Jackson, ensures high visibility and accessibility. The asking price is $310,000 ($38.39/sq ft), and land contract terms are available to qualified buyers. The property's APN is 3-028200000. This versatile property offers endless possibilities for both investors and owner-occupiers seeking a prime location in a thriving Michigan community.

Highlights

  • $310,000 asking price for this mixed-use property.
  • 8,075 square feet of net rentable space, currently 100% occupied.
  • $38.39 price per square foot.
  • Located at 203 S W Ave, Jackson, MI 49201, in Jackson County.
  • Features a medical office and storefront, with potential for 2-3 apartments.
  • Includes a two-car garage, indoor swimming pool, and sits on a 0.392-acre lot.

Property Details for 203 Ave

Property type
Other specialty properties, Other retail properties
Square Feet
8,075 SF
Year Built/Renovated
1946/1987
Buildings
1
Stories
2
Lot Size (sq. ft)
17,076 SF
Units
1

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2463126
Longitude
-84.4228228
203 Ave, Jackson, Michigan

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203 Ave
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