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$ 699,000
Est. payment /mo
Price Dropped by $100K
100 W Washington Avenue Jackson, MI 49201-2328
15,840 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,840 sqft
Price per Sqft $44
Subdivision Mi
MLS Listing ID 70521681
Year Built 1900
Annual Tax Amount $21,522
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 66x132 and 66x132 (2 Parc
Property Sub-Type Commercial/Industrial
Property Description
Rare opportunity to acquire a high-potential dual-asset portfolio in the heart of Downtown Jackson. This offering includes a beautifully maintained 15,000 SF historic landmark building and a strategic development lot directly across the street, just a 2-minute walk to City Hall. The ground floor (5,000 SF) features 7 professional suites with strong occupancy, currently serving beauty and wellness tenants, providing immediate, stable cash flow with flexible future use options. The upper levels (10,000 SF) are city-approved for 6 luxury two-bedroom apartments, offering significant redevelopment upside. Included lot presents added value with conceptual plans for a 32-unit residential development or use as dedicated tenant parking, a rare and valuable downtown amenity. The Bloomfield stands as an iconic landmark in downtown Jackson, blending a rich, storied past with a bright and promising future.
Location
State MI
County Jackson
Area Jackson (38020)
Interior
Heating Forced Air
Exterior
Parking Features 21+ Spaces
Roof Type Composite,Rubber
Building
Foundation Basement
Structure Type Block,Brick
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional

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Listed by The Brokerage House
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