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Mixed-Use Property with Living Space

2605 Wildwood Avenue, Jackson, MI 49202

For Sale
$169,900

Commercial Sale, Jackson, MI

Property Size912 SF
Lot Size0.17 Acres
Price / SF$186.29
Days on Market53

Property Features for 2605 Wildwood Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Basement
Parking 3
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Standard status Active
APN 000-08-32-429-005-00
Size 912 SF
Lot size 0.17 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Description Parcel ID 000-08-32-429-005-00
Tax Annual Amount 3439
Legal Description Parcel ID 000-08-32-429-005-00

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Window Unit(s)

Amenities

green space
fenced in area
2 sheds

Building Details

Year built 1960
Floors in Building 2
Number of units 1
Building materials Vinyl Siding
Listing Agency: The Brokerage House
Listed By: Darin M Shaw · License #6506048689
Added: Sep 15 Changed: Oct 30 Last Checked: Nov 6 at 7:06PM
MLS# 26049106

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.

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Investment Insights

Based on property information with market context.

This mixed-use property at 2605 Wildwood Avenue combines commercial space with residential features in a 912-square-foot building constructed in 1960. The main level includes a bedroom, kitchen, and bathroom, while the upper level provides lounge-style living space. The property also includes a basement, vinyl siding, forced-air heat, and window-unit cooling.

Set on 0.17 acres in Jackson, the site includes a fenced portion of the backyard, green space, two sheds, and parking. Natural gas is available. The configuration supports a storefront, studio, office, showroom, or similar commercial use alongside on-site living space, subject to applicable requirements.

Key Highlights

  • 912‑square‑foot mixed‑use building on 0.17 acres
  • Main‑floor bedroom, kitchen, and bathroom
  • Upper‑level lounge living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,643
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,860 $152.9K
Cap Rate 7%
$109,186 $109.2K
Cap Rate 9%
$84,922 $84.9K
Market Conditions
NOI Build-Up for 912 SF
Gross rent
$13.1K $14.40/SF
− Vacancy
−$2.9K −$3.23/SF
EGI
$10.2K $11.17/SF
− OpEx
−$2.5K −$2.79/SF
NOI
$7.6K $8.38/SF
Area
Jackson County, MI
Vacancy
22.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,860
Cap Rate 7%
$109,186
Cap Rate 9%
$84,922

Alternative Uses

Best Use
Office B
$109.2K
$95.5K – $127.4K (±1% cap)
NOI $7,643 @ 7.0% cap · market cap 4.50%
Second Best
Mixed Use
$108.0K
$94.5K – $126.0K (±1% cap)
NOI $7,558 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$145.6K
$127.4K – $169.9K (±1% cap)
NOI $10,191 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brent D Kelley ... Production Facility

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm

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

561
Businesses Nearby

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

Average Price Trend$/SF for Mixed-use properties in Jackson, MI

$69.07 Jul
$56.64 Aug
$64.58 Sep
$56.74 Oct

Properties on Market for Mixed-use properties in Jackson

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined commercial and residential layout with private outdoor space, parking, and flexible interior areas.
Where is this mixed-use property located?
The property is located at 2605 Wildwood Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 912‑square‑foot mixed‑use building on 0.17 acres; Main‑floor bedroom, kitchen, and bathroom; Upper‑level lounge living area
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