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Updated Retail Space
For Sale
$289,000
Pending

1425 Wildwood Avenue, Jackson, MI 49202

Commercial Sale, Jackson, MI

Property Size3,233 SF
Lot Size0.25 Acres
Days on Market114

Property Features for 1425 Wildwood Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement
Parking 10
Interior features Broadband
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Standard status Pending
APN 2-0598.1000
Size 3,233 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COM AT THE INTERS OF THE SLY LN OF WILDWOOD AVE AND THE NLY LN OF DANIEL RD TH SWLY 88.5 FT ALG THE NLY LN OF DANIEL RD
Tax Annual Amount 7583
Legal Description COM AT THE INTERS OF THE SLY LN OF WILDWOOD AVE AND THE NLY LN OF DANIEL RD TH SWLY 88.5 FT ALG THE NLY LN OF DANIEL RD

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Listing Agency: ERA Reardon Realty, L.L.C.
Listed By: Jill Baker · License #6501437282
Added: Jun 15 Changed: Sep 16 Last Checked: Oct 6 at 2:06PM
MLS# 26029528

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property at 1425 Wildwood Avenue provides 3,233 square feet of commercial space on a 0.25-acre parcel. Built in 1900, the building has been refreshed with new flooring, drywall, drop ceilings, lighting, updated bathrooms, interior paint, and parking-lot improvements. The layout includes two bathrooms and a basement, with central air, forced-air heating, broadband, and cable availability.

The property is positioned in Jackson, Michigan, within a commercial corridor described as being surrounded by shopping, dining, and established businesses. On-site parking and established traffic support day-to-day commercial operations. The space is identified as suitable for retail, office, showroom, specialty, or leasing applications.

Key Highlights

  • 3,233‑square‑foot retail property on a 0.25‑acre parcel
  • Built in 1900 with flooring, drywall, ceilings, lighting, bathroom, paint, and parking‑lot updates
  • Central air and forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,296
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,920 $445.9K
Cap Rate 7%
$318,514 $318.5K
Cap Rate 9%
$247,733 $247.7K
Market Conditions
NOI Build-Up for 3,233 SF
Gross rent
$38.8K $12.00/SF
− Vacancy
−$6.9K −$2.15/SF
EGI
$31.9K $9.85/SF
− OpEx
−$9.6K −$2.96/SF
NOI
$22.3K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,920
Cap Rate 7%
$318,514
Cap Rate 9%
$247,733

Alternative Uses

Best Use
Retail
$318.5K
$278.7K – $371.6K (±1% cap)
NOI $22,296 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.1K
$451.6K – $602.1K (±1% cap)
NOI $36,127 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Petersen Jewelers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Storage Facility Grocery & Convenience Store Plumbing Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
232k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 48% Shops & Services 24% Dining 20% Apparel 8%
Walmart Superstores
111,015 visits/mo 0.2 miles
McDonald's Dining
24,327 visits/mo 0.4 miles
Speedway Shops & Services
23,284 visits/mo 0.3 miles
JCPenney Apparel
17,879 visits/mo 0.4 miles
Taco Bell Dining
17,607 visits/mo 0.4 miles

Demographics for 49202, MI

19,359
Population
9,598
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$41,916
Median Household Income
$30,638
Median Earnings
$915
Median Rent
$104,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout with central air, forced-air heating, and on-site parking.
Where is this retail space located?
The property is located at 1425 Wildwood Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 3,233‑square‑foot retail property on a 0.25‑acre parcel; Built in 1900 with flooring, drywall, ceilings, lighting, bathroom, paint, and parking‑lot updates; Central air and forced‑air heating
More about this property
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