110 1st Street, Jackson, MI 49201
110 1st Street, Jackson, MI 49201
110 1st Street, Jackson, MI 49201
110 1st Street, Jackson, MI 49201
110 1st Street, Jackson, MI 49201
110 1st Street, Jackson, MI 49201
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Kory Lambarth

Kory Lambarth

+1(313) 283-2781
$ 985,000
Est. payment | /mo

3 Baths

9,962 SqFt

Save
$ 985,000
Est. payment | /mo
Save

3 Baths

9,962 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 9,962 sqft

Price per Sqft $98

Municipality Jackson City

MLS Listing ID 26047620

Full Baths 3

Year Built 1977

Annual Tax Amount $17,260

Tax Year 2025

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions Irregular

Property Sub-Type Office

Source Michigan Regional Information Center (MichRIC)

Property Description

Prime investment opportunity in convenient Downtown Jackson! 110 First St is a fully occupied, modern and updated office building offering immediate, strong cash flow with leases generating a 14% cap rate. The building is 100% occupied by two well-established tenants, including a State Senator's office and a professional accounting firm, providing a solid tenant base from day one. The floor plan offers flexibility for an owner-user. The current accounting firm is willing to relocate should a new owner need to occupy any portion of the building, creating a unique opportunity to combine owner occupancy with rental income. If you're a business owner looking for space with built-in revenue or an investor seeking a high-yield, income-producing product, this offers an attractive combination of cash flow, occupancy, and future flexibility in Downtown Jackson.

Location

State MI

County Jackson

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Rubber

Street Surface Paved

Total Parking Spaces 53

Building

Foundation Slab

Structure Type Brick

New Construction No

Schools

School District Jackson

Others

Tax ID 3-0059.3000

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by ERA Reardon Realty, L.L.C.

NEARBY SCHOOLS & PROPERTIES

Kory Lambarth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

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110 1st Street