For Sale
$450,000

1650 Michigan Ave Jackson, MI 49202

Former bank, renovated 2022, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2,692 square foot retail space, formerly a bank branch, presents a unique investment opportunity in Jackson, Michigan. Located at 1650 W Michigan Ave, this single-story, Class B building sits on a 0.48-acre lot (APN: 000-08-33-376-001-00) and boasts a highly desirable location between Walmart and McDonald's, providing excellent visibility and accessibility. The property, built in 1992 and extensively renovated in 2022, offers 2,457 square feet of net rentable space, currently vacant, and is zoned for Planned Commercial District (PC-1). Its strategic placement at the entrance to Westwood Mall, directly across from McDonald's with its two-lane drive-thru and ATM lane, ensures high foot traffic and potential for significant customer engagement. The asking price is $450,000 ($167.16/sq ft). Note that Old National Bank currently leases space for an ATM, generating monthly rental income. This property is ideal for a variety of retail uses and represents a strong investment in a thriving commercial area.

Highlights

  • 2,692 SF retail space, formerly a bank branch, in Jackson, MI.
  • Located at 1650 W Michigan Ave on a 0.48-acre lot (APN: 000-08-33-376-001-00).
  • High-visibility location between Walmart and McDonald's, at the entrance to Westwood Mall.
  • Class B building, single-story, built in 1992, extensively renovated in 2022.
  • 2,457 SF of net rentable space, currently vacant, zoned PC-1.
  • Asking price: $450,000 ($167.16/SF); ATM lease generates monthly income.

Property Details for 1650 Michigan Ave

Property type
Retail properties, Banks
Square Feet
2,692 SF
Class
B
Year Built/Renovated
1992/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
20,909 SF
Units
1

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.247384306785
Longitude
-84.437359285592

FAQs

What type of property is this?
Retail property - Former bank, renovated 2022, high traffic.
Where is the retail property located?
The property is located at 1650 Michigan Ave Jackson, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,692 SF retail space, formerly a bank branch, in Jackson, MI.; Located at 1650 W Michigan Ave on a 0.48-acre lot (APN: 000-08-33-376-001-00).; High-visibility location between Walmart and McDonald's, at the entrance to Westwood Mall.
How can I contact the broker?
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1650 Michigan Ave
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