Auto Shop With
For Sale
$399,000
2005 E Michigan Avenue, Jackson, MI 49202
Commercial Sale, Jackson, MI
Property Size2,916 SF
Lot Size0.62 Acres
Price / SF$136.83
Days on Market546
Property Features for 2005 E Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C-4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
30
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
Corner of E Michigan and Gorham.
Subdivision
Jackson County - JX
Standard status
Active
APN
6-080500000
Size
2,916 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 1 & 2 BLK 21 EAST ADD NO 5
Tax Annual Amount
5667
Legal Description
LOTS 1 & 2 BLK 21 EAST ADD NO 5
Utilities
Heating system
Forced Air
Amenities
showroom
reception area
office
break room
storage
warehouse space
overhead doors
Building Details
Year built
1985
Floors in Building
1
Number of units
1
Building materials
Block, Vinyl Siding, Wood Siding
Roof type
Composition
Listing Agency:
ERA Reardon Realty, L.L.C.
(517) 782-2996
Listed By:
ALEX C PERLOS · License #6501210977
(517) 740-4421
Added: Apr 9, 2025
Changed: Oct 2
Last Checked: Oct 6 at 2:06AM
MLS# 25014327
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 2,916-square-foot commercial property occupies 0.62 acres and is configured for automotive or related commercial use. The building includes a showroom, reception area, office, break room, storage, warehouse space, two bathrooms, and overhead doors. Forced-air heating, a composition roof, and block, vinyl siding, and wood siding construction are noted. Built in 1985, the property was previously used as an auto dealership and detail shop.
The site is positioned near downtown Jackson, Henry Ford, the historic train station, shops, and restaurants, with access to US-127 and I-94. It is located on a corner lot with ample parking. A deed restriction excludes oil change businesses.
The site is positioned near downtown Jackson, Henry Ford, the historic train station, shops, and restaurants, with access to US-127 and I-94. It is located on a corner lot with ample parking. A deed restriction excludes oil change businesses.
Key Highlights
- 2,916‑square‑foot building on 0.62 acres
- Showroom, reception area, office, break room, storage, and warehouse space
- Overhead doors and ample parking on a corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,259
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,180
$405.2K
Cap Rate 7%
$289,414
$289.4K
Cap Rate 9%
$225,100
$225.1K
Market Conditions
NOI Build-Up for 2,916 SF
Gross rent
$32.2K $11.04/SF
− Vacancy
−$3.3K −$1.12/SF
EGI
$28.9K $9.92/SF
− OpEx
−$8.7K −$2.98/SF
NOI
$20.3K $6.95/SF
Area
Jackson County, MI
Vacancy
10.10%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,180
Cap Rate 7%
$289,414
Cap Rate 9%
$225,100
Alternative Uses
Best Use
Industrial
$289.4K
$253.2K – $337.7K
NOI $20,259 @ 7.0% cap · market cap 5.08%
Second Best
Retail
$287.3K
$251.4K – $335.2K
NOI $20,110 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$465.5K
$407.3K – $543.1K
NOI $32,585 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 48%
Burger King
Dining
13,430 visits/mo
0.2 miles
Little Caesars Pizza
Dining
9,088 visits/mo
0.1 miles
Dollar General
Shops & Services
7,574 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,181 visits/mo
0.3 miles
Marathon
Shops & Services
5,018 visits/mo
0.3 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
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Similar Off Market Nearby
- FARRELL FLEET SERVICE INC. — 1305 page ave, jackson, mi 49203
- Automotive Service Co — 603 E Washington Ave, Jackson, MI 49203
- Niecko's Quality Oil Change — 108 S East Ave, Jackson, MI 49201
- Crank-N-Go Automotive LLC — 1100 E Ganson St, Jackson, MI 49201
Frequently Asked Questions
What type of property is this?
Auto shop - Corner commercial property with showroom, service space, offices, and overhead doors.
Where is this auto shop located?
The property is located at 2005 E Michigan Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,916‑square‑foot building on 0.62 acres; Showroom, reception area, office, break room, storage, and warehouse space; Overhead doors and ample parking on a corner lot
