For Sale
$1,100,000

110 1St St Jackson, MI 49201

Class A Office, 9,962 SF, Sale/Leaseback

Overview

Added:
Feb 11
Days on market:
76
This exceptional Class A executive office building, located at 110 First Street in Jackson, Michigan, presents a unique sale/leaseback investment opportunity. The 9,962 square foot property is currently multi-tenant, with the seller committed to a five-year leaseback agreement, ensuring immediate and consistent cash flow. Situated just west of Jackson's downtown area, the building boasts ample parking—a significant advantage for a downtown location. The property features two tenants and is assessed at $351,600 (2024 SEV). Detailed financial information is available upon request. The asking price is $1,100,000, translating to $110.42 per square foot. The property's convenient location is easily accessible via Business 127 and West Michigan Avenue. Its APN is 3-0059.3000. This presents a compelling investment opportunity with strong potential for long-term growth and return. The building's prime location and the seller's leaseback commitment provide a secure and attractive investment profile. Don't miss this chance to acquire a well-situated, high-quality office building in a thriving Michigan market.

Highlights

  • $1,100,000 asking price for this Class A, 9,962 square foot office building.
  • Sale-leaseback investment opportunity in Jackson, MI.
  • Seller will lease back the space for five years.
  • Ample parking available.
  • Multi-tenant building with two current tenants.
  • Property located at 110 First Street, Jackson, MI 49201 (APN: 3-0059.3000).

Property Details for 110 1St St

Property type
Office properties
Square Feet
9,962 SF
Class
A

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2468206
Longitude
-84.4150367

FAQs

What type of property is this?
Office property - Class A Office, 9,962 SF, Sale/Leaseback
Where is the office property located?
The property is located at 110 1St St Jackson, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: $1,100,000 asking price for this Class A, 9,962 square foot office building.; Sale-leaseback investment opportunity in Jackson, MI.; Seller will lease back the space for five years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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110 1St St
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