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
Property Sub-Type: Office
Municipality: Jackson City
Subdivision: Ford's Eastern Addition
Office/Contract Info
List Price/SqFt: 106.67
Current Bldg Use: Office Professional
General Property Info
Lot Dimensions: 200x300
Mineral Rights: Unknown
Waterfront: No
Total # Units: 8
# Fin Bldg Lvls: 1
Total SqFt: 15000
School District: Jackson
Lot Measurement: Acres
Lot Acres: 1
Lot Square Footage: 43560
Year Built: 1986
Full Baths: 11
Tax Info
Taxable Value: 537691
SEV: 758600
Seller's Annual Property Tax: 39279
Tax Year: 20
Tax ID #: 7-0529
Status Change Info
Sold Price/SqFt: 80
Under Contract Date: 2021-02-16
Sold Date: 2021-06-30
Sold Price: $1,200,000
Additional Details
Ceiling Height: 8
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Construction Type
Concrete: 1
Steel: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Air Conditioning
Central Air: 1
Foundation
Slab: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
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
Remarks Misc
Directions: BTW Waterloo St and State St
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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