Courtesy of ERA REARDON REALTY, L.L.C., PHILLIP MORGAN

110 1st Street, Jackson, Michigan, 49201

$985,000

9,962 Sqft

0.79 Acres

3 ba

#26047620

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.

PROPERTY FEATURES

Business Type : Professional/Office, Professional Service
Utilities : Natural Gas Available, Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected
Water Source : Public
Sewer : Public Sewer
Parking Features: Paved
Parking Total: 53
Zoning Description : C-3