406 1St StJackson, MI 49201

Property Details for 406 1St St

Lot size

0.32 AC

Property size (Sq ft)

6,980 SF

Zone code

C-2

Property type

Specialty properties

APN

3-004800000

APU

3004800000

Description

This exceptional 7,000 square foot commercial property, located at 406 1st Street in Jackson, Michigan, presents a unique investment opportunity. Situated in the historic district, near Jackson's Central Business District, this building offers ample space ideal for a variety of uses, including executive offices, professional services, or even event space. Built in 1950 and renovated in 2000, the property boasts two buildings on a 0.76-acre lot (APN: 3-004800000) and is currently vacant, allowing for immediate occupancy. The asking price is $99,900, translating to $21.29 per square foot. The property is zoned C-2, providing flexibility for various commercial ventures. Significant features include over 50 parking spaces and multiple points of ingress and egress, ensuring convenient access. The property also includes four parcels and an eight-car garage, adding to its overall value and utility. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant potential for growth and return on investment. The property's size and features make it suitable for an owner-user seeking to lease a portion for additional income or a business looking for a prominent location to establish or expand its operations. This property is ready for its next chapter.

• Alternative Use

  Use

  Valuation

  Residential

  $1,367,692

  Hospitality

  $1,252,798

  Educational

  $1,042,313

  Medical

  $1,078,160

  Retail

  $1,621,376

Location Insight

City

Jackson

County

Jackson

State

Michigan

Latitude

42.2444

Longitude

-84.4152

CBSA code

27100

CBSA name

JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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