Single-Story Medical
For Sale
$1,490,000
900 E Michigan Avenue, Jackson, MI 49201
Commercial Sale, Jackson, MI
Property Size15,000 SF
Lot Size0.95 Acres
Price / SF$99.33
Days on Market348
Property Features for 900 E Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-4
Bathrooms
10
Full bathrooms
10
Rooms
Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 8, Bathroom 2, Bathroom 7, Bathroom 5, Bathroom 6, Bathroom 9, Bathroom 10
Interior features
Broadband
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Directions
East of Cooper, North side of E Michigan Ave
Subdivision
Jackson County - JX
Standard status
Active
APN
7-052900000;7-053300000;7-053400000
Size
15,000 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3 Parcels - see GIS - Parcel IDs: 7-052900000; 7-053300000; 7-053400000
Tax Annual Amount
59803
Legal Description
3 Parcels - see GIS - Parcel IDs: 7-052900000; 7-053300000; 7-053400000
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
multiple entrances
ADA-compliant access
updated mechanical systems
Building Details
Year built
1986
Floors in Building
1
Number of units
5
Building materials
Brick
Roof type
Composition
Listing Agency:
Howard Hanna Real Estate Services
(517) 787-9800
Listed By:
HEATHER HERNDON · License #6501335416
(517) 812-1641
Added: Oct 24, 2025
Changed: Oct 2
Last Checked: Oct 6 at 12:06AM
MLS# 25054837
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 1986, this 15,000-square-foot medical office property occupies approximately 0.95 acres at 900 E Michigan Avenue in Jackson. The single-story building includes five units, multiple entrances, ADA-compliant access, and ten bathrooms. Brick construction, a composition roof, forced-air heating, central air conditioning, and updated mechanical systems support the facility’s ongoing operation.
The property is positioned along East Michigan Avenue near Henry Ford Allegiance Health System, providing proximity to an established healthcare destination. On-site parking, broadband, and cable availability add practical functionality for medical office users. The building’s layout and separate units support a range of healthcare configurations within one freestanding facility.
The property is positioned along East Michigan Avenue near Henry Ford Allegiance Health System, providing proximity to an established healthcare destination. On-site parking, broadband, and cable availability add practical functionality for medical office users. The building’s layout and separate units support a range of healthcare configurations within one freestanding facility.
Key Highlights
- 15,000‑square‑foot single‑story medical office building
- Five total units with multiple entrances
- ADA‑compliant access throughout the facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,025
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,740,500
$2.7M
Cap Rate 7%
$1,957,500
$2.0M
Cap Rate 9%
$1,522,500
$1.5M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$261.0K $17.40/SF
− Vacancy
−$32.6K −$2.18/SF
EGI
$228.4K $15.22/SF
− OpEx
−$91.4K −$6.09/SF
NOI
$137.0K $9.13/SF
Area
Jackson County, MI
Vacancy
12.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,740,500
Cap Rate 7%
$1,957,500
Cap Rate 9%
$1,522,500
Alternative Uses
Best Use
Healthcare Medical
$1.96M
$1.71M – $2.28M
NOI $137,025 @ 7.0% cap · market cap 9.20%
Second Best
Office B
$1.80M
$1.57M – $2.10M
NOI $125,712 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$2.39M
$2.10M – $2.79M
NOI $167,616 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
1,462
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Purpose-built healthcare facility with multiple suites, accessible entry points, updated mechanical systems, and on-site parking.
Where is this medical office space located?
The property is located at 900 E Michigan Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 15,000‑square‑foot single‑story medical office building; Five total units with multiple entrances; ADA‑compliant access throughout the facility
