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
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.
More Information MLS# 21036429
Location Property Info
County: Jackson
Street #: 900
Street Direction: E
Street Name: MICHIGAN AVE
State: MI
Zip Code: 49201
Area: Jackson County - JX
OfficeContract Info
Status: Sold
Current Price: $1,200,000
List Price: $1,600,000
Listing Date: 2020-09-14
General Property Info
Lot Measurement: Acres
Lot Acres: 1
Lot Square Footage: 43560
Lot Dimensions: 200x300
Year Built: 1986
Mineral Rights: Unknown
Total # Units: 8
# Fin Bldg Lvls: 1
Total SqFt: 15000
Full Baths: 11
Waterfront: No
School District: Jackson
Tax Info
Tax ID #: 7-0529
Taxable Value: 537691
SEV: 758600
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: $1,200,000
Sold Price/SqFt: 80
Additional Details
Ceiling Height: 8
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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