About This Home
This 0-bedroom, 3-bathroom commercial at 110 1st Street in Jackson, MI is listed for $985,000 ($99 per sqft). Built in 1977, the home offers 9,962 sqft of living space on a 0.79 acres lot.
Key Features
- Built in 1977
- 0.79 acre lot
- 53 parking spaces
Property Details
Amenities
Prime investment opportunity in convenient Downtown Jackson! 110 First St is a fully occupied, modern and updated office building offering immediate, strong cash flow with leases generating a 14% cap rate. The building is 100% occupied by two well-established tenants, including a US Congressman's office and a professional accounting firm, providing a solid tenant base from day one.
The floor plan offers flexibility for an owner-user. The current accounting firm is willing to relocate should a new owner need to occupy any portion of the building, creating a unique opportunity to combine owner occupancy with rental income. If you're a business owner looking for space with built-in revenue or an investor seeking a high-yield, income-producing product, this offers an attractive combination of cash flow, occupancy, and future flexibility in Downtown Jackson.
Monthly Cost Estimate
$5,268/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
110 1st Street
Jackson, MI 49201
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 110 1st Street is listed at $985,000 ($99/sqft). The estimated monthly payment is $5,268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1977, 0.79 acre lot, 53 parking spaces.
This property is listed by PHILLIP M MORGAN and can be reached at 5172044385.
