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    1860 Michigan Ave Detroit, MI 48202

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    For Lease
    Contact for pricing

    Prime Jackson, MI Retail Opportunity

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,000 square foot retail or restaurant space is available for lease at the highly visible Westwood Mall outlot in Jackson, Michigan. Located at 1860 W Michigan Ave, this single-tenant property boasts a convenient location with excellent access and high traffic counts. The building offers ample space for a variety of commercial uses, providing flexibility for potential tenants. With 7,000 square feet of completely vacant space, this property presents a blank canvas for your business vision. The property is situated in Jackson County, Michigan, and benefits from the significant foot traffic generated by the adjacent Westwood Mall. The expansive 500-space parking lot ensures convenient parking for customers and employees. This prime location offers unparalleled visibility and accessibility, making it an ideal opportunity for businesses seeking a strong presence in the Jackson market. The property is classified as retail and restaurant space, suitable for a wide range of commercial ventures. The address is 1860 W Michigan Ave, Jackson, MI 48202. This is a single-tenant occupancy property, offering complete control and customization. The property's size and location make it an attractive option for businesses seeking to establish or expand their operations in a thriving commercial area. The ample parking ensures a positive customer experience. Don't miss this chance to secure a prominent location in a busy commercial center.

    Property Features for 1860 Michigan Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,000 SF

    HighLights

    • Build‑to‑suit or land lease opportunity available at Westwood Mall outlot.
    • Westwood Mall anchored by JCPenney, Walmart, and Elder‑Beerman.
    • Excellent visibility, accessibility, and ample parking on W. Michigan Avenue.
    • Pre‑approved for 7,000 SF building (single or multi‑tenant).
    • Ideal location for restaurants, service businesses, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Jackson
    State
    Michigan
    Longitude
    -83.0737195
    Latitude
    42.3664506

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    FAQs

    What type of property is this?
    Restaurant - Prime Jackson, MI Retail Opportunity
    Where is this restaurant located?
    The property is located at 1860 Michigan Ave Detroit, MI.
    What are key features of this property?
    This property features: Build-to-suit or land lease opportunity available at Westwood Mall outlot.; Westwood Mall anchored by JCPenney, Walmart, and Elder-Beerman.; Excellent visibility, accessibility, and ample parking on W. Michigan Avenue.
    Request Owner's contact information
    1860 Michigan Ave Detroit, MI 48202
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    Detroit, MI 48202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1860 Michigan Ave Detroit, MI 48202
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