C-4 General Commercial Flex
E 608 E Pearl Street Unit SourceFi Jackson, MI 49201
E 608 E Pearl Street Unit SourceFi, Jackson, MI, 49201
$124,900
For Sale
$124,900
Concrete block building with office, bathroom, and covered dock area, plus adjacent turnaround parcel for large vehicles.
Property Size1,520 SF
Lot Size0.37 Acres
Price / SF$82.17
Days on Market9
Property Features for E 608 E Pearl Street Unit SourceFi
General Information
- Standard status
- Active
- Size
- 1,520 SF
- Lot size
- 0.37 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing agency
(517) 392-8508
Listed by
Jackson
(517) 392-8508
Source
Xome
Added: Jul 13 Updated: Jul 19 at 2:13AM Checked: Jul 21 at 3:13AM
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 Jackson
Investment Insights
Based on property information with market context.
Versatile C-4 General Commercial building featuring solid concrete block construction with an open workspace, a private office, and a bathroom. Heating includes natural gas forced-air, along with a separate office wall furnace. The total square footage includes a covered dock area that is under roof and unconditioned. The property has been home to a welding supply business for over 20 years and is offered sold as-is.
Located on Jackson’s east side, the building is minutes from downtown and Henry Ford Jackson Hospital. An adjacent 0.17-acre parcel directly behind the building (607 Detroit St) is included, which has historically been used for semi-truck turnaround, resulting in 0.37+/- acres combined with rare large-vehicle access. Gravel front parking serves the site.
The C-4 zoning permits the city’s widest range of retail, office, and service uses. The surrounding corridor includes new residential construction, along with a planned 55-unit apartment development at Pearl & Cooper.
Located on Jackson’s east side, the building is minutes from downtown and Henry Ford Jackson Hospital. An adjacent 0.17-acre parcel directly behind the building (607 Detroit St) is included, which has historically been used for semi-truck turnaround, resulting in 0.37+/- acres combined with rare large-vehicle access. Gravel front parking serves the site.
The C-4 zoning permits the city’s widest range of retail, office, and service uses. The surrounding corridor includes new residential construction, along with a planned 55-unit apartment development at Pearl & Cooper.
Key Highlights
- C‑4 general commercial building with open workspace, private office, and bathroom
- Natural gas forced‑air heat plus a separate office wall furnace
- Rubber roof and solid concrete block construction; built in 1985
Local Financial Insights For Industrial
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 | $16.8k | $11.04 |
| − Vacancy | −$1.7k | −$1.12 |
| EGI | $15.1k | $9.92 |
| − OpEx | −$4.5k | −$2.98 |
| NOI | $10.6k | $6.95 |
1,520 SF · lease $11.04/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$204.0K
$178.5K – $238.0K
NOI $14,277 @ 7.0% cap · market cap 11.43%
Second Best
Industrial
$150.9K
$132.0K – $176.0K
NOI $10,560 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$242.6K
$212.3K – $283.1K
NOI $16,985 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
K & M Welding ...
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Big Guy Catering LLC — 309 S Jackson St, Jackson, MI 49201
- CCC Catering — 209 E Washington St, Jackson, MI 49201
FAQs
What type of property is this?
Flex space - Concrete block building with office, bathroom, and covered dock area, plus adjacent turnaround parcel for large vehicles.
Where is this flex space located?
The property is located at E 608 E Pearl Street Unit SourceFi 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: C‑4 general commercial building with open workspace, private office, and bathroom; Natural gas forced‑air heat plus a separate office wall furnace; Rubber roof and solid concrete block construction; built in 1985
