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Catylist ID: #30749837

Free-Standing Industrial Building for Sale in Jackson

313 Oak St, Jackson, MI 49201
Industrial for Sale
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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

Overview / Comments

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.

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Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,277 (Annual)
Tax Value Land $48,050
Assessed Value - Total($) $74,450 (Annual)

Additional Details

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
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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,647 51,805 90,234
Median Age: 32.41 35.39 37.84
Households: 6,560 21,362 34,270

Contact

Photograph of Listing Agent

Charlie Koenn

Swisher Commercial
Contact me about this Listing
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.

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