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    Corner Retail Bank Building
    Updated: Mar 24
    Corner Retail Bank Building

    E 1712 E Michigan Avenue Unit SourceFi, Jackson, MI 49202

    $599,900
    2,936 sqft 0.69 AC lot
    Corner lot with an average daily traffic count of 10,218 and 0.69 acres
    1‑story building with 2,936 sq ft; formerly used as a bank
    20+ space parking lot
    Zoned PB (planned building group shopping center) for retail and service‑based uses
    Convenient to downtown Jackson with an approx. 5‑minute drive
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    This listing looks promising.

    Here's a quick look at some key insights for

    E 1712 E Michigan Avenue Unit SourceFi, Jackson, MI 49202

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $399K
      Suggested

    • Property Type

      Financial Building
      Built 1952
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    Corner Retail and Bank Building
    Updated: Mar 25
    Corner Retail and Bank Building

    1712 E Michigan Avenue, Jackson, MI 49202

    $599,900
    2,936 sqft 0.69 AC lot
    Corner lot with average daily traffic count of 10,218
    0.69‑acre site with a spacious 20+ space parking lot
    One‑story 2,936 sq ft building built in 1952; formerly used as a bank
    Zoned PB (Planned Building Group Shopping Center) for a variety of retail and service‑based uses
    Close to downtown Jackson (about a 5‑minute drive) and Henry Ford Jackson Hospital
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    High-Visibility Corner Lot Retail Space
    High-Visibility Corner Lot Retail Space

    1712 E Michigan Ave, Jackson, MI 49202

    $650,000
    2,936 sqft 0.69 AC lot

    Retail/service property with high traffic, ample parking, convenient location.

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    Freestanding Retail Banking Facility
    Freestanding Retail Banking Facility

    2815 E Michigan Avenue, Jackson, MI 49202

    Contact for pricing
    2,830 sqft 0.56 AC lot

    2,830 SF former retail banking facility for sale.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 4 Active listings in Jackson, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    223 N Clippert St, Lansing, MI 48912

    $950,000
    4,054 sqft 1.11 AC lot

    Freestanding retail building with added drive-thru infrastructure, positioned for professional, medical, or service use.

    View details
    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    56,000 sqft 5.05 AC lot

    Immaculately maintained retail plaza anchored by a grocery market with multiple in-store tenants and ample on-site parking.

    View details
    Former Bank Building Opportunity
    Former Bank Building Opportunity

    2521 S Cedar St, Lansing, MI 48910

    $350,000
    2,328 sqft 0.60 AC lot

    2,328 sq ft former bank branch on 0.6 acres.

    View details
    Retail Plaza with Grocery Anchor
    Retail Plaza with Grocery Anchor

    325 Railroad Street, Hudson, MI 49247

    $7,000,000
    59,000 sqft

    Freestanding retail plaza anchored by a grocery store with attached pharmacy, plus a 2,700 SF available unit.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Dev-Ready Commercial Corner Land
    Dev-Ready Commercial Corner Land

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

    View details
    Corner Commercial Land with Triple Frontage
    Corner Commercial Land with Triple Frontage

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner commercial development site with 3 road frontages and completed environmental and wetland study reports.

    View details

    Off-Market Properties in Jackson, MI

    Consider similar Off-Market properties in Jackson, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1650 Michigan Ave
    FINANCIAL BUILDING

    1650 Michigan Ave, Jackson, MI 49202-4065

    $355,000
    Estimated value
    2,692 sqft 0.48 AC lot
    View details
    3323 Michigan Ave
    FINANCIAL BUILDING

    3323 Michigan Ave, Jackson, MI 49202-1863

    Value Estimation by Request
    1,904 sqft 1.03 AC lot
    View details
    810 Argyle St
    FINANCIAL BUILDING

    810 Argyle St, Jackson, MI 49202-2056

    $375,000
    Estimated value
    2,464 sqft 0.59 AC lot
    View details
    121 Brooklyn Rd
    FINANCIAL BUILDING

    121 Brooklyn Rd, Jackson, MI 49201-7268

    $440,000
    Estimated value
    5,280 sqft 1.47 AC lot
    View details
    2320 Francis St
    FINANCIAL BUILDING

    2320 Francis St, Jackson, MI 49203-4612

    $115,000
    Estimated value
    1,864 sqft 0.39 AC lot
    View details
    2005 Jackson Rd
    FINANCIAL BUILDING

    2005 Jackson Rd, Jackson, MI 49201-8344

    $325,000
    Estimated value
    1,462 sqft 1.24 AC lot
    View details
    1800 Wisner St
    FINANCIAL BUILDING

    1800 Wisner St, Jackson, MI 49202-4198

    $570,000
    Estimated value
    4,222 sqft 1.12 AC lot
    View details
    2001 Spg Arbor Rd
    FINANCIAL BUILDING

    2001 Spg Arbor Rd, Jackson, MI 49203-2705

    $515,000
    Estimated value
    4,099 sqft 1.78 AC lot
    View details
    1712 Michigan Ave
    FINANCIAL BUILDING

    1712 Michigan Ave, Jackson, MI 49202-3679

    $285,000
    Estimated value
    2,936 sqft 0.69 AC lot
    View details
    4515 Francis St
    FINANCIAL BUILDING

    4515 Francis St, Jackson, MI 49203-5473

    $75,000
    Estimated value
    1,872 sqft 0.30 AC lot
    View details
    245 Michigan Ave
    FINANCIAL BUILDING

    245 Michigan Ave, Jackson, MI 49201-2218

    $475,000
    Estimated value
    31,954 sqft 0.30 AC lot
    View details
    3245 Michigan Ave
    FINANCIAL BUILDING

    3245 Michigan Ave, Jackson, MI 49202-3884

    $380,000
    Estimated value
    4,083 sqft 0.82 AC lot
    View details
    6580 Spg Arbor Rd
    FINANCIAL BUILDING

    6580 Spg Arbor Rd, Jackson, MI 49201-9322

    $330,000
    Estimated value
    3,242 sqft 2.03 AC lot
    View details
    215 Jackson St
    FINANCIAL BUILDING

    215 Jackson St, Jackson, MI 49201-2212

    $385,000
    Estimated value
    3,349 sqft 0.98 AC lot
    View details
    1523 Horton Rd
    FINANCIAL BUILDING

    1523 Horton Rd, Jackson, MI 49203-5126

    $495,000
    Estimated value
    6,500 sqft 1.32 AC lot
    View details
    1238 Mcdevitt Ave
    FINANCIAL BUILDING

    1238 Mcdevitt Ave, Jackson, MI 49203-6073

    $230,000
    Estimated value
    2,901 sqft 1.15 AC lot
    View details
    1512 Morrell St
    FINANCIAL BUILDING

    1512 Morrell St, Jackson, MI 49203-1548

    $550,000
    Estimated value
    3,075 sqft 0.48 AC lot
    View details
    1521 Parnall Rd
    FINANCIAL BUILDING

    1521 Parnall Rd, Jackson, MI 49201-8675

    $265,000
    Estimated value
    2,232 sqft 1.73 AC lot
    View details
    805 Plymouth St
    FINANCIAL BUILDING

    805 Plymouth St, Jackson, MI 49201

    $420,000
    Estimated value
    4,690 sqft 1.89 AC lot
    View details
    203 Perrine St
    FINANCIAL BUILDING

    203 Perrine St, Jackson, MI 49201-2423

    Value Estimation by Request
    640 sqft 0.79 AC lot
    View details

    Jackson, MI Banks Market Trends and Statistics

    Explore 40 banks for sale in Jackson, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,638 square feet of properties for sale, with an estimated market value of $1,849,800.

    Sale prices for bank buildings in Jackson, MI start at $599,900, averaging $616,600, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 27
    Automotive properties 16
    Shopping centers 10
    Showrooms 10
    Auto shops 9

    Demographics Overview

    Population 104K
    Population Growth (5Y) +0.0%
    Median Household Income $60,753
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

    Identify Jackson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49202 $504K

    Taxes & Financing

    Tax Rate (average for all types) 4.90%
    Property Tax per SF $92.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Jackson fall within the 10,000 to 25,000 square foot range.

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