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    409 Hupp Ave Jackson, MI 49203

    Sponsored
    For Sale
    $949,900

    Jackson, MI Mixed-Use Investment

    Property size:
    20,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional mixed-use property in Jackson, MI, presents a unique investment opportunity. Encompassing two buildings totaling 20,400 square feet on a 1.41-acre lot, this property offers diverse income streams and significant redevelopment potential. Currently featuring a creative office space and a restaurant, the buildings boast 72 parking spaces and are situated across from the railroad station and a block from the hospital. The property includes three parcels, with one building currently occupied under a two-year lease with a 60-day termination clause. The 1918-built structures are two stories each, and the 409 Hupp Ave building has undergone significant updates in 2014, including a new furnace, plumbing, electrical, lighting, and air conditioning. The property is zoned I-1 and benefits from its location along the Grand River, where a planned MDOT walking path is slated for completion in 2025. This prime location offers easy access to Ann Arbor (40 minutes) and Lansing (30 minutes). The asking price is $949,900, representing a price per square foot of $46.56. The property's current 100% occupancy and NNN lease structure provide immediate cash flow. Prospective buyers are encouraged to contact City Zoning to discuss future development plans. This is a rare opportunity to acquire a substantial mixed-use property in a growing Michigan community.

    Property Features for 409 Hupp Ave

    General Information

    Property type
    Restaurants
    Square Feet
    20,400 SF
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1918
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • Exceptional mixed‑use investment opportunity in Jackson, MI.
    • Two buildings totaling 20,400 square feet on a 1.41‑acre lot with 72 parking spaces.
    • Currently 100% occupied with a restaurant and creative office space; one building has a two‑year lease with a 60‑day termination clause.
    • Prime location across from the train station and a block from the hospital, near a planned MDOT walking path.
    • $949,900 asking price ($46.56/SF); NNN leases provide immediate cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.399538
    Latitude
    42.2473323

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    FAQs

    What type of property is this?
    Restaurant - Jackson, MI Mixed-Use Investment
    Where is this restaurant located?
    The property is located at 409 Hupp Ave Jackson, MI.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Jackson, MI.; Two buildings totaling 20,400 square feet on a 1.41-acre lot with 72 parking spaces.; Currently 100% occupied with a restaurant and creative office space; one building has a two-year lease with a 60-day termination clause.
    Request Owner's contact information
    409 Hupp Ave Jackson, MI 49203
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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
    409 Hupp Ave Jackson, MI 49203
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