Property summary
This exceptional 1,000 square foot Class B office building presents a compelling investment opportunity in Jackson, Michigan. Located at 1134 E Ganson Street, this single-tenant property boasts 100% occupancy and is situated on a highly visible corner lot (0.15 acres) within a high-traffic area. Built in 1950, the building features a convenient ramp entrance, a spacious waiting room with reception area, four additional rooms, and two bathrooms. A full basement provides ample office and storage space. The asking price is $140,000, translating to $199 per square foot. The land value alone is also assessed at $199 per square foot. The property includes up to ten parking spaces, a significant advantage for both employees and clients. This property is ideal for a variety of office uses, including medical practices. Additional land is available for expansion or additional parking. The property's APN is 8-1513.1000. This is a rare opportunity to acquire a well-maintained, fully occupied commercial property in a desirable Jackson location. Don't miss out on this chance to own a piece of Jackson's thriving commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, prot…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Jackson, MISec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, prot…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 28-36. - R-1 one-family residential district. The R-1 one-family residential district is established for low to medium density single-family residential neighborhoods. The regulations are intended to stabilize, prot…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Jackson, MI.
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