Updated Office
For Sale
$985,000
110 1st St, Jackson, MI 49201
Fully occupied office property with two established tenants and a floor plan that supports potential owner occupancy.
Property SizeContact for details
Days on Market19
Property Features for 110 1st St
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
14%
Taxes and HOA fees
Annual Taxes
$17,260
Building Details
Year Built
1977
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
ERA Reardon Realty, L.L.C.
Listed By:
Mike Kanser · License #6501392301
(517) 416-6570
Source:
Elliman
Added: Sep 9
Changed: Sep 17
Last Checked: Sep 26 at 11:58AM
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.
The 1977 office building at 110 1st St is fully occupied by two established tenants: a State Senator’s office and a professional accounting firm. The property has been updated, and its flexible floor plan may accommodate an owner-user component while retaining rental occupancy. The accounting firm is willing to relocate if a future owner requires space within the building.
Located in Downtown Jackson, the property has a 14% cap rate and offers an existing two-tenant configuration. Walk Score is 75, classified as Very Walkable, while Bike Score is 60, classified as Bikeable.
Located in Downtown Jackson, the property has a 14% cap rate and offers an existing two-tenant configuration. Walk Score is 75, classified as Very Walkable, while Bike Score is 60, classified as Bikeable.
Key Highlights
- 1977 office building at 110 1st St, Jackson, MI 49201
- 100% occupied by 2 established tenants
- 14% cap rate
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,473
Businesses Nearby
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied office property with two established tenants and a floor plan that supports potential owner occupancy.
Where is this office building located?
The property is located at 110 1st St Jackson, MI.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 1977 office building at 110 1st St, Jackson, MI 49201; 100% occupied by 2 established tenants; 14% cap rate
