409 Hupp Ave Jackson, MI 49203
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 409 Hupp Ave
- Year built
- 1918
- Lot size
- 1.41 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.3995
- Latitude
- 42.2473
