About 110 1st Street
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.
Features of 110 1st Street
| MLS® # | 55026047620 |
|---|---|
| Price | $985,000 |
| Bathrooms | 3.00 |
| Acres | 0.79 |
| Year Built | 1977 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 110 1st Street |
|---|---|
| Area | 12132 - Jackson |
| City | Jackson city |
| County | Jackson |
| State | Michigan |
| Zip Code | 49201 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Available |
|---|---|
| Parking | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Brick, Frame, Wood Siding |
|---|---|
| Foundation | None, Slab |
School Information
| District | Jackson |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ERA Reardon Realty, L.L.C. |
|---|---|
| Contact Info | 9903200@gmail.com |