Auto Repair Shop with Dual
New
For Sale
$599,000
2620 E Michigan Avenue, Jackson, MI 49202
Commercial Sale, Jackson, MI
Property Size2,580 SF
Lot Size0.61 Acres
Price / SF$232.17
Days on Market2
Property Features for 2620 E Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
25
Interior features
Broadband
Elementary school district
East Jackson
Middle school district
East Jackson
High school district
East Jackson
Standard status
Active
APN
000-08-36-404-007-01
Size
2,580 SF
Lot size
0.61 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
auto repair
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT NE COR OF W 1/2 OF SE 1/4 OF SEC 36 TH S ALG E 1/8 LN 33 FT TO S LN OF GANSON ST TH W ALG S LN OF GANSON ST 274 F
Tax Annual Amount
7320
Legal Description
BEG AT NE COR OF W 1/2 OF SE 1/4 OF SEC 36 TH S ALG E 1/8 LN 33 FT TO S LN OF GANSON ST TH W ALG S LN OF GANSON ST 274 F
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1987
Floors in Building
1
Number of units
1
Building materials
Block
Roof type
Rubber
Listing Agency:
ERA REARDON REALTY, L.L.C.
(517) 782-2996
Listed By:
Jill Baker · License #6501437282
(517) 745-3114
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:06PM
MLS# 26057549
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 auto repair property contains 2,580 square feet on a 0.61-acre parcel. Block construction, a rubber roof, broadband, forced-air heating, and central air conditioning are among its physical features. The building was constructed in 1987 and includes two bathrooms.
The site fronts E. Michigan Avenue and Ganson Street in Blackman Township. E. Michigan Avenue carries reported traffic of approximately 13,000–14,000 vehicles per day on portions of the corridor. Commercial businesses, retail establishments, and restaurants are situated nearby.
The site fronts E. Michigan Avenue and Ganson Street in Blackman Township. E. Michigan Avenue carries reported traffic of approximately 13,000–14,000 vehicles per day on portions of the corridor. Commercial businesses, retail establishments, and restaurants are situated nearby.
Key Highlights
- 2,580‑square‑foot auto repair property on 0.61 acres
- Frontage on E. Michigan Avenue and Ganson Street
- Approximately 13,000–14,000 vehicles per day reported on portions of E. Michigan Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,924
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,480
$358.5K
Cap Rate 7%
$256,057
$256.1K
Cap Rate 9%
$199,156
$199.2K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$28.5K $11.04/SF
− Vacancy
−$2.9K −$1.12/SF
EGI
$25.6K $9.92/SF
− OpEx
−$7.7K −$2.98/SF
NOI
$17.9K $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%
$358,480
Cap Rate 7%
$256,057
Cap Rate 9%
$199,156
Alternative Uses
Best Use
Industrial
$256.1K
$224.1K – $298.7K
NOI $17,924 @ 7.0% cap · market cap 2.99%
Second Best
Retail
$254.2K
$222.4K – $296.6K
NOI $17,793 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$411.9K
$360.4K – $480.5K
NOI $28,830 @ 7.0% cap · market cap 4.81%
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
Lease Details
14,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
146k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 29%
Groceries 12%
Home Improvements & Furnishings 10%
Aldi
Groceries
18,155 visits/mo
0.2 miles
Taco Bell
Dining
17,030 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
14,335 visits/mo
0.4 miles
Dollar Tree
Shops & Services
13,146 visits/mo
0.4 miles
Arby's
Dining
11,918 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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Mechanix Automotive Service Center Inc. — 3101 E Michigan Ave, Jackson, MI 49202
- Valvoline Instant Oil Change — 3231 E Michigan Ave, Jackson, MI 49202
- Mr. Quicks Oilube — 3436 e michigan ave, jackson, mi 49202
- Valvoline Instant Oil Change — 3436 E Michigan Ave, Jackson, MI 49202
Frequently Asked Questions
What type of property is this?
Auto shop - A block-built commercial property includes broadband, forced-air heat, and central air conditioning.
Where is this auto shop located?
The property is located at 2620 E Michigan Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,580‑square‑foot auto repair property on 0.61 acres; Frontage on E. Michigan Avenue and Ganson Street; Approximately 13,000–14,000 vehicles per day reported on portions of E. Michigan Avenue
