Building Details

Year Built 1880

Listing Agency: ERA Reardon Realty, L.L.C. 9***@gmail.com Show Phone

Listed By: PHILLIP M MORGAN · License #6502108104 Show Phone

Source: Exitrealty

Added: Jul 23, 2024 Changed: Aug 14 Last Checked: Aug 14 at 7:23AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Reardon Realty, L.L.C.

Investment Insights

Based on property information with market context.

Located on the northern edge of downtown Jackson, the property at 414 N. Jackson Street offers over 50,000 sq. ft. of space. Formerly the Walcott Lathe Company, this historic building features separately metered 3-phase industrial spaces and many private offices. The property is suitable for renovation, growth, or as an income opportunity. It lends itself well to a multi-tenant industrial complex, a large warehouse, private offices, residential, and creative commercial possibilities.

Key Highlights

• Over 50,000 sq. ft. of space.
• Below market price.
• High profile downtown location.**

Property Analytics

Property Profile

Current Use

Plastics Unlimited, LLC Factory Powell Machine LLC Industrial Manufacturer 5 Leprechauns, LLC Construction Company Ronald Meagher Real ... Real Estate Agency J & J Industry ... Industrial Manufacturer

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Kitchen & Bath Showroom Hair Salon

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

1,485

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 49201, MI

47,747

Population

18,102

Households

2.6

Avg Household Size

41

Median Age

23%

College-Educated

92%

High-School Grad

155.0 sq mi

ZIP Area

308

Density / Sq Mi

$71,714

Median Household Income

$36,390

Median Earnings

$945

Median Rent

$202,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - 50,000+ sq ft building suitable for renovation or investment.

Where is this flex space located?

The property is located at 414 N Jackson Street Jackson, MI.

What is the asking price?

The asking price for this property is $220,800.

What are key features of this property?

This property features: Over 50,000 sq. ft. of space.; Below market price.; High profile downtown location.**