100 W Washington Ave, Jackson, MI 49201
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Jackson, MIJackson. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.