Catylist Listing ID: | 30749837 |
Property Subtypes: | Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution |
Building Size (RSF): | 9,897 SF |
Gross Land Area: | 0.43 Acres |
Sale Price: | $249,000 |
Unit Price: | $25.16 PSF |
Ceiling: | 10 ft. |
Docks/Doors: | 1 Door |
Office SF: | 500 SF |
Drive In Bays: | 1 Bay |
In Opportunity Zone? | Yes |
Property Use Type: | Investment, Business |
Usable Size (USF): | 9,897 SF |
Sale Terms: | Cash to Seller, Owner Financing |
Cap Rate: | Undisclosed |
Last Updated: | 6/24/2022 |
Located at an accessible location in the City of Jackson, north of the I-94 business loop and a couple blocks from the heart of downtown Jackson. Listing includes two industrial buildings totaling 9,897 sf and are situated on .43 acres. Provides for ample open parking. Previously a machine shop, the primary building is 8,297 sf (5847 sf main floor and 2450 sf on the 2nd floor that is gutted office space), has an open floor plan, 480/220/3 phase power, two buss ducts, updated LED lighting, gas/forced air heat throughout, 10' ceilings, one (1) overhead door, one (1) two ton crane and two (2) shop restrooms. The air compressor and two (2) exhaust fans stay. The lift truck and equipment are available for purchase. The second floor offers additional office space or other possibilities. The outbuilding offers an additional 1,600 sf for storage or other possibilities. The property is zoned I-1 (industrial), however, the City is open to conditional uses. |
Finance Data Year | 2021 |
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Real Estate Taxes - Annual($) | $4,277 (Annual) |
Tax Value Land | $48,050 |
Assessed Value - Total($) | $74,450 (Annual) |
Nearest MSA: | Jackson |
County: | Jackson |
Taxing Authority: | City of Jackson |
Tax ID/APN: | 7-014400000 |
Zoning: | I-1 |
Property Located Between: | East of Mechanic, West of Copper, South of Homewild and North of Detroit St |
Highway Access: | I-94, US-127 |
Airports: | Jackson, Lansing |
Site Description: | Industrial buildings located near major thoroughfares and close to I-94 and US-127. |
Area Description: | The City of Jackson is located in Jackson County about 40 miles west of Ann Arbor and 35 miles (56 km) south of Lansing and is a buzzing community with music, art, architecture, breweries, wineries, food, festivals, nature and history. Named after President Andrew Jackson, the city was originally named ‘Jacksonopolis’, then ‘Jacksonburgh’, and ultimately just Jackson. Jackson has historical significance being the oldest continually operating passenger rail station in the United States, being home to the first state prison, home to numerous automotive and airplane part manufacturing facilities and being a busy hub for Underground Railroad stops. |
Tenancy: | Single Tenant |
Total Number of Buildings: | 2 |
Number of Stories: | 2 |
Typical SF / Floor: | 9,397 SF |
Property Condition: | Good |
Year Built: | 1962 |
Year Renovated: | 2012 |
Roof Type: | Flat |
Construction/Siding: | Block |
Exterior Description: | Open yard, gravel parking |
Parking Type: | Surface |
Parking Description: | Street parking, gravel |
Total Parking Spaces: | 20 |
Overhead Cranes: | 1 |
Sprinklers: | None |
Amps: | 480 |
Volts: | 220 |
X-Phase: | 3 phase |
Heat Type: | Natural Gas |
Heat Source: | Radiant |
Air Conditioning: | Engineered System |
Lighting: | LED |
Internet Access: | Cable |
Interior Description: | 8297 sf (5847 sf main floor and 2450 sf on the 2nd floor that is gutted office space) with an open floor plan, 3 phase 480/220 and buss ducts, LED lighting, gas/forced air heat throughout, one (1) overhead door, one (1) loading door, one (1) two ton crane, Two (2) shop restrooms, and 10' ceilings. The second floor offers additional office space or other possibilities |
Zoning Description: | Sec. 28-46. - I-1 light industrial district. The light industrial district is designed to provide suitable space for industrial uses that operate in a safe, non-objectionable and efficient manner, and so require a minimum of buffering measures from adjoining nonindustrial zoning districts. These uses generate a minimum of noise, glare, odor, dust, vibration, air pollutants, water pollutants, fire, explosive or radioactive hazards, or other harmful or obnoxious matter. Any use allowed as a permitted or conditional use in the C-4 district, except the planned building group shopping center and the work release (halfway) house, shall be considered a valid permitted or conditional use in this district. (Code 1977, § 5.41; Ord. No. 93-10, § 1, 7-20-93; Ord. No. 93-18, § 1, 9-28-93; Ord. No. 2006.11, § 1, 7-18-06) |
Lot Frontage: | 200x103 |
Lot Depth: | 200x103 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Legal Description: | BEG AT INTERS OF N LN OF BLK 3 BLACKMAN'S ADD & E LN OF OAK ST TH N ALG E LN OF OAK ST 110 FT TH E 100 FT TH S 110 FT TO N LN OF BLK 3 BLACKMAN'S ADD TH W 100 FT TO BEG SE 1/4 SE 1/4 SEC 34 T2S R1W |
Proximity: | 1 mile | 3 miles | 5 miles |
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Total Population: | 16,647 | 51,805 | 90,234 |
Median Age: | 32.41 | 35.39 | 37.84 |
Households: | 6,560 | 21,362 | 34,270 |
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