Jackson I-94 & US 127 - Projected Marijuana Dispensary Zone

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30262775
Property Subtypes: Convenience Store, Free-Standing Building, Other
Status: Pending/Contingent
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.44 Acres
Sale Price: $699,900
Unit Price: $139.98 PSF
Ceiling: 16 ft.
Property Use Type: Business
Building Name: Mr. Tunes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2020

Overview / Comments

Located on Jackson's busiest road at the intersection of I-94 and US-127, you'll find yourself surrounded by restaurants, shopping, and more. This property offers you the rarest of rare opportunity to be situated among it all. Building is approximately 5000 square foot building on nearly a half acre. Currently used for automotive audio/accessories and marine audio, this location would house various types of businesses. This property is located in the projected marijuana dispensary boundary zone offering its owner(s) likely the highest traffic location in all of Jackson County.

Attachments & Media

Additional Details

Nearest MSA: Jackson
County: Jackson
Submarket Type: Central Business District
Taxing Authority: City of Jackson
Tax ID/APN: 2-2470.2
Retail Clientele: General
Property Located Between: I-94 and Michigan Ave
Property Visibility: Excellent
Largest Nearby Street: W Argyle
Feet of Frontage: 100
Highway Access: I-94 and US127
Airports: JXN
Site Description: Primary business district for Jackson MI
Area Description: Retail, Restaurants, Grocery
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1948
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 20
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, T1/T3, Gigabit
Interior Description: Retail single span.
Zoning Description: Primarily C2
Lot Frontage: 100
Lot Depth: 276
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Part of Sec 28

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,073 60,084 79,916
Median Age: 38.93 35.85 37.46
Households: 3,483 22,210 30,075
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