100 W Washington Ave Jackson, MI 49201

This offering features a dual-asset portfolio in downtown Jackson, Michigan, including a 15,000 square foot historic landmark building and a development lot located directly across the street. The property is situated a short walk from City Hall. The historic building's ground floor (5,000 SF) features seven professional suites designed for high-demand services. The suites are suitable for professional offices, creative studios, cafe or boutique retail. The upper floors (10,000 SF total) are approved for six luxury two-bedroom apartments. Included in the sale is a lot located directly across the street, offering two value-add paths: high-density development, with conceptual plans in place for an additional 32-unit residential development, or immediate utility as private, dedicated parking for the building’s tenants. The project is positioned to benefit from Michigan’s premier redevelopment tools, including eligibility for a property tax freeze for up to 12 years, and is positioned for Michigan Economic Development Corporation grants and community revitalization performance-based funding. Landmark status unlocks eligibility for State and Federal historic renovation grants and tax credits. The property is a stabilized-plus-development play, where an investor can collect rent from the professional suites while executing the residential conversion and planning the 32-unit expansion.