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Class A Office Building
For Sale
$1,100,000

301 N Jackson Street, Jackson, MI 49201

Commercial Sale, Jackson, MI

Property Size7,280 SF
Lot Size1.13 Acres
Price / SF$151.10
Days on Market98

Property Features for 301 N Jackson Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description C3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 52
Interior features Broadband
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Directions On the NE corner of W. Louis Glick Hwy and N. Jackson St.
Standard status Active
APN 1-0131.0100
Size 7,280 SF
Lot size 1.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description THAT PART OF LOTS 1 THROUGH 6 LYING SOUTH OF MCRR RIGHT OF WAY, ALSO THE VACATED ALLEY LYING EAST OF LOTS 1, 2 & 3 AND W
Tax Annual Amount 59486
Legal Description THAT PART OF LOTS 1 THROUGH 6 LYING SOUTH OF MCRR RIGHT OF WAY, ALSO THE VACATED ALLEY LYING EAST OF LOTS 1, 2 & 3 AND W

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Rubber
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6506044331
Added: Jul 1 Changed: Sep 7 Last Checked: Oct 6 at 1:06AM
MLS# 26033363

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.

Built in 2021, this 7,280-square-foot brick office property occupies 1.13 acres and includes central air, forced-air heat, rubber roofing, broadband, and two bathrooms. The building is configured for two occupants, with Fifth Third Bank committed to a new 10-year lease covering 4,057 RSF and a 3,223 RSF front office suite available at closing. Signage opportunities are provided for both users.

The property offers 52 on-site parking spaces plus adjacent public street parking. Its downtown Jackson setting places it near Consumers Energy headquarters, Jackson County offices, Henry Ford Health, and Jackson College. The layout supports professional office, medical, and service-oriented operations, with an ownership structure suitable for an investor or an owner-user.

Key Highlights

  • 7,280 SF office building constructed in 2021
  • 1.13‑acre site with 52 on‑site parking spaces
  • New 10‑year Fifth Third Bank lease covering 4,057 RSF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,169
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,380 $1.4M
Cap Rate 7%
$988,129 $988.1K
Cap Rate 9%
$768,544 $768.5K
Market Conditions
NOI Build-Up for 7,280 SF
Gross rent
$100.5K $13.80/SF
− Vacancy
−$8.2K −$1.13/SF
EGI
$92.2K $12.67/SF
− OpEx
−$23.1K −$3.17/SF
NOI
$69.2K $9.50/SF
Area
Jackson County, MI
Vacancy
8.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,380
Cap Rate 7%
$988,129
Cap Rate 9%
$768,544

Alternative Uses

Best Use
Specialty Retail
$988.1K
$864.6K – $1.15M (±1% cap)
NOI $69,169 @ 7.0% cap · market cap 6.29%
Second Best
Office B
$871.6K
$762.7K – $1.02M (±1% cap)
NOI $61,012 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,350 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Comerica Bank - ATM Atm Christy Sue Manthei ... Financial Advisor Andrew Fries - Financial ... Financial Advisor Scott Anderson - Financial ... Financial Advisor Fries Anderson Group ... Financial Advisor

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,485
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - 2021-built professional office property with divisible occupancy and on-site parking in downtown Jackson.
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: 7,280 SF office building constructed in 2021; 1.13‑acre site with 52 on‑site parking spaces; New 10‑year Fifth Third Bank lease covering 4,057 RSF
More about this property
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