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Flex Building with Covered Dock
For Sale
$124,900

608 E Pearl Street, Jackson, MI 49201

Commercial Sale, Jackson, MI

Property Size1,520 SF
Lot Size0.37 Acres
Price / SF$82.17
Days on Market95

Property Features for 608 E Pearl Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description C4
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 40
Elementary school district Jackson
Middle school district Jackson
High school district Jackson
Standard status Active
APN 7-043900000
Size 1,520 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 5 BLK 20 AN EXT OF VILLAGE OF JACKSONBURGH ON E SIDE OF GRAND RIVER KNOWN AS FORD'S EASTERN EXT
Tax Annual Amount 1964
Legal Description LOT 5 BLK 20 AN EXT OF VILLAGE OF JACKSONBURGH ON E SIDE OF GRAND RIVER KNOWN AS FORD'S EASTERN EXT

Utilities

Utilities Phone Available
Heating system Forced Air

Amenities

open workspace
private office
bathroom
natural gas forced-air heat
separate office wall furnace
covered dock area

Building Details

Year built 1985
Floors in Building 1
Number of units 1
Building materials Block
Roof type Rubber
Listing Agency: Century 21 Affiliated - Jackson
Listed By: ERIC ROPP · License #6502395717
Added: Jul 15 Changed: Oct 8 Last Checked: Oct 17 at 9:06PM
MLS# 26036571

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 1,520-square-foot flex building offers open workspace, a private office, and a bathroom within a solid concrete block structure built in 1985. Heating includes natural gas forced air along with a separate furnace serving the office area. A 344-square-foot covered dock area is included in the building’s total size and remains unconditioned. The property is offered as-is.

The sale also includes the adjacent 0.17-acre parcel at 607 Detroit St, creating approximately 0.37 acres combined. The rear parcel has been used for semi-truck turnaround, providing access for large vehicles, while gravel parking serves the front of the building. C-4 General Commercial zoning permits a broad range of retail, office, and service uses. The property is located on Jackson’s east side near downtown and Henry Ford Jackson Hospital, with nearby residential construction and a planned 55-unit apartment development at Pearl & Cooper.

Key Highlights

  • 1,520 SF flex building with open workspace, private office, and bathroom
  • 344 sq ft covered dock area included in total square footage; space is under roof and unconditioned
  • Sale includes adjacent 0.17‑acre parcel at 607 Detroit St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,560
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,200 $211.2K
Cap Rate 7%
$150,857 $150.9K
Cap Rate 9%
$117,333 $117.3K
Market Conditions
NOI Build-Up for 1,520 SF
Gross rent
$16.8K $11.04/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$15.1K $9.92/SF
− OpEx
−$4.5K −$2.98/SF
NOI
$10.6K $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%
$211,200
Cap Rate 7%
$150,857
Cap Rate 9%
$117,333

Alternative Uses

Best Use
Flex RnD
$204.0K
$178.5K – $238.0K (±1% cap)
NOI $14,277 @ 7.0% cap · market cap 11.43%
Second Best
Industrial
$150.9K
$132.0K – $176.0K (±1% cap)
NOI $10,560 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$242.6K
$212.3K – $283.1K (±1% cap)
NOI $16,985 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

K & M Welding ... Big Box & Wholesale Store

Suggested Use

Top Pick Spa & Massage Center Hair Salon Nail Salon Electrical Service Grocery & Convenience Store Restaurant

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

1,878
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Big Guy Catering LLC — 309 S Jackson St, Jackson, MI 49201
  • CCC Catering — 209 E Washington St, Jackson, MI 49201

Frequently Asked Questions

What type of property is this?
Flex space - C-4 zoning supports a broad range of retail, office, and service uses.
Where is this flex space located?
The property is located at 608 E Pearl Street Jackson, MI.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 1,520 SF flex building with open workspace, private office, and bathroom; 344 sq ft covered dock area included in total square footage; space is under roof and unconditioned; Sale includes adjacent 0.17‑acre parcel at 607 Detroit St
More about this property
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