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Property profile & analytics

1118 Greenwood Ave Jackson, MI 49203

  • Retail space
  • 1,395 SF
  • 0.18 lot acres
For Sale
Last Sale
Jul 13, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1030990
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1118 Greenwood Ave

Year built
1940
Lot size
0.18 lot acres
Property size
1,395 SF
Zone code
C-2
Property type
Retail space
APN
4-128800000
APU
4128800000

Description

This exceptional 1,395 square foot commercial building, situated at the corner of Greenwood Avenue and First Street in Jackson, MI, presents a unique investment opportunity. The property boasts a highly desirable C-2 zoning, allowing for a variety of uses. The main building comprises approximately 800 square feet of open retail space, ideal for a variety of businesses. A drive-thru window, a dedicated prep area equipped with a commercial three-compartment sink, and a storage room with shelving add significant operational advantages. A recently installed tankless water heater ensures efficient and reliable hot water. A half-bath is conveniently located within the main retail area. A separate 600 square foot office space, accessible from the main building, offers built-in shelving, a half-bath, and a stand-up shower, providing ample space for administrative functions or additional business operations. The property also includes 12 parking spaces and a fenced backyard, enhancing convenience and security. The building features central air conditioning, natural gas, city water, and sewer connections. The 0.37-acre lot provides ample space for expansion or outdoor activities. The property is being sold "as is." This versatile property is perfect for an owner-operator or investor seeking a strong return on investment in a thriving Jackson location.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Jackson
County
Jackson
State
Michigan
Longitude
-84.4145
Latitude
42.2357
CBSA code
27100
CBSA name
JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,520
$0.00
$0.00
$34,900
-
$0.00
$0.00
$69,800
More about this property
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