Class A Former Bank
301 N Jackson Street Jackson, MI 49201
Class A office building constructed in 2021, offering a remaining suite for lease alongside an executed 10-year bank lease.
Type:Office
Property size:
7,280 SFPrice / SF:
$151/SF- Added:
- Jul 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 2:07 am
Property Features for 301 N Jackson Street
General Information
- Standard status
- Active
- Size
- 7,280 SF
- Property subtype
- Office
Building Details
- Year Built
- 2021
Listing office NAI Wisinski of West Michigan - Kalamazoo
Listing date Jul 1, 2026
Source Crexi
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 NAI Wisinski of West Michigan - Kalamazoo
Investment Insights
Based on property information with market context.
Constructed in 2021, this Class A former bank branch totals 7,280 SF. Fifth Third Bank will execute a new 10-year lease on 4,057 RSF. The remaining 3,223 RSF front office suite will be available for lease upon closing. Building signage will be available for both tenants.
The property includes 52 on-site parking spaces and adjacent public street parking. It is located downtown Jackson near Consumers Energy headquarters, Jackson County offices, Henry Ford Health, and Jackson College.
This configuration supports professional, medical, or service-oriented office use for an owner-occupant or investor seeking tenancy in place with a separately leasable remaining suite.
The property includes 52 on-site parking spaces and adjacent public street parking. It is located downtown Jackson near Consumers Energy headquarters, Jackson County offices, Henry Ford Health, and Jackson College.
This configuration supports professional, medical, or service-oriented office use for an owner-occupant or investor seeking tenancy in place with a separately leasable remaining suite.
Key Highlights
- Class A 7,280 SF office building constructed in 2021 in downtown Jackson
- 10‑year lease executed with Fifth Third Bank on 4,057 RSF
- Remaining 3,223 RSF front office suite available for lease upon closing
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.7k | $17.40 |
| − Vacancy | −$15.8k | −$2.18 |
| EGI | $110.8k | $15.22 |
| − OpEx | −$44.3k | −$6.09 |
| NOI | $66.5k | $9.13 |
7,280 SF · lease $17.40/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$950.0K
$831.3K – $1.11M
NOI $66,503 @ 7.0% cap · market cap 6.05%
Second Best
Office B
$871.6K
$762.7K – $1.02M
NOI $61,012 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,350 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Comerica Bank - ATM
Atm
Christy Sue Manthei ...
Financial Advisor
Andrew Fries - Financial ...
Financial Advisor
Scott Anderson - Financial ...
Financial Advisor
Fries Anderson Group ...
Financial Advisor
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FAQs
What type of property is this?
Office building - Class A office building constructed in 2021, offering a remaining suite for lease alongside an executed 10-year bank lease.
Where is this office building located?
The property is located at 301 N Jackson Street Jackson, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Class A 7,280 SF office building constructed in 2021 in downtown Jackson; 10‑year lease executed with Fifth Third Bank on 4,057 RSF; Remaining 3,223 RSF front office suite available for lease upon closing
