110 1st Street Jackson, MI 49201
Office
MLS #: 26047620
Courtesy Of ERA REARDON REALTY, L.L.C.
910 N West Ave, Jackson, MI
910 N West Ave, Jackson, MI
Property InformationDescription
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.
Features
- Age: 41-50 Years Old
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 1
- Heating System: Forced Air
- Legal Description: 0060.1, 0063, 0065, 0068, 0069 0058.2, 0059.1 LOT 1, ALL OF LOT 6 EX N 22 FT OF W 1/2, ALSO ALL THAT PART OF FOLLOWING:
- MLSID: 26047620
- Parking Spaces: 53
- Roof Type: Rubber
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
MAP & DIRECTIONS
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