realsimpli

$985,000

Active

110 1st Street, Jackson, MI 49201

3 baths

Lot
0.79 acres
Built
1977
Type
Office
On market
2 days
DescriptionShow

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 US Congressman'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.

Facts & features

Interior3
Bathrooms
3
Full baths
3
Stories
1
Heating, cooling & utilities3
Heating
Forced Air
Cooling / AC
Central Air
Utilities
Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Exterior & construction4
Lot size
0.79 acres
Construction
Brick
Roof
Rubber
Year built
1977
Property details7
Type
OTHER
Sub-type
Office
County
Jackson
Parcel #
3-0059.3000
Days on market
2
MLS #
26047620
Status
Active

District: Jackson

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. No recorded history for this property.

Listing courtesy of ERA Reardon Realty, L.L.C. · PHILLIP M MORGAN

517-204-4385 · 9903200@gmail.com

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