900 E MICHIGAN AVE, Jackson, MI 49201 (MLS# 21036429)
900 E MICHIGAN AVE, Jackson, MI 49201
$1,200,000
Property Type:
Commercial Sale
Square Footage:
15,000
Lot Size (sq. ft.):
43,560
Status:
Sold
Current Price:
$1,600,000
List Date:
9/14/2020
Last Modified:
7/23/2021
Overview
Description
Remarkable opportunity to secure a 15,000 square foot medical/office professional building centrally located between Henry Ford Allegiance Health, Consumers Energy, and additional large employers. Henry Ford Allegiance Health owns the adjacent property making this a prime location for medical professionals needing easy access to the hospital's main campus. Currently setup with 9 suites, the layout is flexible to accommodate the needs of various sized businesses. Cap rates estimated at 9.69% currently and 11.26% when all suites are full.
Listing Details MLS# 21036429
Location Property Info
- County
- Jackson
- Street #
- 900
- Street Direction
- E
- Street Name
- MICHIGAN AVE
- State
- MI
- Zip Code
- 49201
General Property Info
- Lot Measurement
- Acres
- Lot Acres
- Yes
- Lot Square Footage
- 43560
- Lot Dimensions
- 200x300
- Year Built
- 1986
- Mineral Rights
- Unknown
- Total # Units
- 8
- # Fin Bldg Lvls
- Yes
- Total SqFt
- 15000
- Full Baths
- 11
- Waterfront
- No
- School District
- Jackson
Tax Info
- Tax ID #
- 7-0529
- Taxable Value
- 537691
- SEV
- 758600
- Seller's Annual Property Tax
- 39279
- Tax Year
- 20
Remarks Misc
- Directions
- BTW Waterloo St and State St
Status Change Info
- Under Contract Date
- 2021-02-16
- Sold Date
- 2021-06-30
- Sold Price/SqFt
- 80
More Information
Additional Details
- Ceiling Height
- 8
Location & Property Info
- Property Sub-Type
- Office
- Area
- Jackson County - JX
- Municipality
- Jackson City
- Subdivision
- Ford's Eastern Addition
Office/Contract Info
- List Price/SqFt
- 106.67
- Current Bldg Use
- Office Professional
Street Type
- Paved
- Yes
- Public
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Professional/Office
- Yes
Construction Type
- Concrete
- Yes
- Steel
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Air Conditioning
- Central Air
- Yes
Foundation
- Slab
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Property Features
Uses:
Professional/Office
Construction Type:
Concrete; Steel
Roofing:
Composition
Foundation:
Slab
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Phone Connected
Heat Source:
Natural Gas
Air Conditioning:
Central Air
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Listing Office:
Coldwell Banker Beiswanger Realty Group
Listing Agent:
Doug Beiswanger
Last Updated: July - 23 - 2021
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