916-966 Ave Jackson, MI 49202
- Neighborhood centers
- 130,000 SF
- 6.82 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 916-966 Ave
- Year built
- 1960
- Lot size
- 6.82 lot acres
- Property size
- 130,000 SF
- Property type
- Neighborhood centers
- Property subtype
- Power centers
Description
This exceptional retail investment opportunity encompasses a 130,000-square-foot power and strip center situated on a prominent 6.82-acre parcel in Jackson, Michigan. The property, located at 916-966 N W Ave, boasts a prime location on a major retail corridor, conveniently positioned just south of US-127 and I-94, ensuring high visibility and significant traffic flow. The center comprises two single-story buildings, constructed in 1960, and features a total of 14 suites. Currently, there is 22,966 square feet of vacant space available, presenting a unique chance for expansion or new tenancy. The property is classified as Class C and is zoned C-4, offering flexibility for a variety of retail uses. The address is further identified by its cross street, W. Argyle Street, and its zip code is 49202. This well-established center provides a strong foundation for growth and profitability within a thriving retail market. The property's size, location, and available space make it an attractive proposition for investors seeking a significant presence in Jackson County. The multiple tenancy structure offers diverse income streams and potential for long-term lease agreements. This is a rare opportunity to acquire a substantial retail property in a high-traffic area with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.4244
- Latitude
- 42.2604