Properties for sale in Michigan

Overview

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 Property Info

County: Jackson
Street #: 100
Street Direction: W
Street Name: Washington
Suffix: Avenue
State: MI
Zip Code: 49201
Zip (4): 2328

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.41
Lot Square Footage: 17860
Lot Dimensions: 66x132 and 66x132 (2 Parcels)
Year Built: 1900
Road Frontage: 198
Mineral Rights: Unknown
Total # Units: 8
# Fin Bldg Lvls: 3
Total # Bldgs: Yes
Total SqFt: 15840
Full Baths: 10
Waterfront: No
School District: Jackson

Tax Info

Tax ID #: 4-005200000
Taxable Value: 265766
SEV: 334100
For Tax Year: 2025
Seller's Annual Property Tax: 21522
Tax Year: 2025
Spec Assessment & Type: Repaving Mech
Zoning: C-3
Homestead %: 0

Remarks Misc

Directions: Corner of W Washington and Mechanic ST.

Additional Details

Total Parking Spaces: 30

More Information

Location & Property Info

Cross Streets: Washington and Cortland
Property Sub-Type: Retail
Municipality: Jackson City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 50.44
Prop Avail for Lease?: No

Remarks & Misc

Public Remarks: 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.
Legal: S 1/2 OF LOT 12 B2S R1E THE ORIGINAL PLAT OF THE VILLAGE OF JACKSONBURG

Street Type

Paved: Yes
Public: Yes

Utilities Attached

Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Bar/Tavern/Lounge: Yes
Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Construction Type

Block: Yes

Exterior Material

Block: Yes
Brick: Yes

Roofing

Composition: Yes
Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

Basement: Yes
Full: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Real Estate: Yes

Additional Features

Barrier Free: Yes
Bath Common Area: Yes
Multi User Facility: Yes

Foundation

Block: Yes

Util Avail at St

Electricity Available: Yes
Natural Gas Available: Yes

Driveway

Paved: Yes

Send to Econ Dev Org

MEDC: Yes
SWMI First, Region 5: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail Ownership: LLC Business Includes: Real Estate Construction Type: Block Exterior Material: Block; Brick Roofing: Composition; Rubber Foundation: Block Below Grade: Basement; Full Additional Features: Barrier Free; Bath Common Area; Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at St: Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow

100 W Washington Avenue, Jackson, MI 49201