Technical
Financial
Distress signals
Property profile

306 W Washington Ave 105 Jackson, MI 49201

FOR SALE
Medical Office Space
Property ID
US43-1103873
1,807 SF 1.97 ac lot Built 1976
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This well-maintained main-floor commercial condominium is located in a secure professional building in downtown Jackson, with a south-facing entrance near parking. The unit features an efficient office layout comprising a waiting room, reception area, private offices, an open work area, a private bathroom, and in-unit storage, along with additional storage in the lower level. The space was previously configured for medical and dental use, and water access is available on the floor for dentist chairs or similar equipment. The condo is part of a managed association with individual electric metering, and the building supports in-unit surround sound.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1976
Total area 1,807 SF
Lot 1.97 ac (85,770 SF)
Zoning code C-3
APN 4-0269.3000
UPID US43-1103873

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

306 W Washington Ave, Unit 105 Jackson, MI 49201
Jackson metro Census 600 JACKSON, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2019
4 recorded transactions
2019
$55,000
2014
$90,000
2014
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Jackson, MI
Zoning description

Sec. 28-44. - C-3 central commercial district. The central commercial district represents the focal point of the city's commercial, office and civic activity. It is designed to provide retailing, personal services, parki…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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