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900 E MICHIGAN AVE Jackson, MI 49201-
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $80
Subdivision Mi
MLS Listing ID 40102600
Sold Date 06/30/21
Year Built 1986
Annual Tax Amount $39,279
Tax Year 20
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 200x300
Property 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.
Location
State MI
County Jackson
Area Jackson (38020)
Zoning Commercial,Professional Office
Interior
Heating Forced Air, Zoned Heating
Exterior
Garage 21+ Spaces, Municipal
Waterfront No
Roof Type Shingles
Building
Water Public Water
Structure Type Metal,Poured Concrete
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Beiswanger and Risner RE Group