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    100 Washington Ave Jackson, MI 49201

    Sponsored
    For Sale
    $850,000

    Historic building, high potential

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 20,000 square foot retail property, located at 100 W Washington Avenue in Jackson, Michigan, presents a unique redevelopment opportunity. Built in 1900, this historic landmark boasts a rich past as a theater, library, and business school. The property currently features eight units and offers significant potential for mixed-use development. The 0.41-acre lot includes 30 on-site parking spaces, providing ample convenience for tenants and customers. A significant advantage is the ownership of an additional large parking lot across the street, capable of accommodating 20+ vehicles, offering further development potential. This prime downtown location is surrounded by major businesses, including the Consumers Energy World Headquarters and Henry Ford Health business offices, as well as a thriving collection of local shops, restaurants, and services. The property's central location within a revitalizing downtown Jackson makes it an ideal investment for those seeking a high-impact project in a dynamic urban setting. The asking price is $850,000. The building's existing square footage is approximately 15,840 square feet. This is a rare chance to acquire a piece of Jackson's history and shape its future.

    Property Features for 100 Washington Ave

    General Information

    Property type
    Retail properties
    Square Feet
    20,000 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1900
    Units
    8

    HighLights

    • 15,840 square foot retail building in downtown Jackson, MI.
    • Located at 100 W Washington Avenue.
    • $850,000 asking price.
    • 0.41‑acre lot with 30 on‑site parking spaces plus an additional off‑site lot with 20+ spaces.
    • Eight existing units, ideal for mixed‑use redevelopment.
    • Prime downtown location near major businesses and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.4060564
    Latitude
    42.2458055

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    FAQs

    What type of property is this?
    Retail property - Historic building, high potential
    Where is this retail property located?
    The property is located at 100 Washington Ave Jackson, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 15,840 square foot retail building in downtown Jackson, MI.; Located at 100 W Washington Avenue.; $850,000 asking price.
    (517) 788-8733
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    100 Washington Ave Jackson, MI 49201
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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
    100 Washington Ave Jackson, MI 49201
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