Free Standing Retail Building For Sale: 160-162 W. Michigan Avenue, Jackson

If you are not local to the Jackson area, you may not be aware of the transformation that has taken place in the downtown area. It is amazing! You owe it to yourself to park your car and take a walking tour of Downtown Jackson!
160-162 W. Michigan, Jackson, MI is a free standing downtown building with an alley on one side and parking lots on the other side and back. There are windows along the alley side for additional natural lighting in the retail space and the apartment on the second floor.
Construction began on 160 W. Michigan in 1928 and the jewelry store formally opened on April 30, 1929 and has never seen any other use. The main floor is 2,800 sf for both sides, with a 1,650 sf apartment on the second floor, and a huge 1,000 sf two car garage that is currently used by the apartment tenants. The apartment was built out in 1984 and rents for $950 per month.
The main building with the 160 W Michigan address features a limestone and granite façade with a large sculpted scarab near the top. Inside there is a 16 foot high vaulted, painted plaster ceiling with marble door jambs and Art Deco floor and wall cases.  The custom made antique wood cabinets are available for $25,000. At the back of the retail space is a room with two large built in safes.  There is also a 250 sf mezzanine above this area overlooking the front of the store, offering a great view of the vaulted ornate ceiling. It has a metal roof dated 2014 and a brick wall on the alley side.  The heating system is gas forced air and was replaced around 2000. The electric service is 200 amps which also includes the apartment.

For Sale: 5,540 sf, $325,000

 

For more information, please click here or contact Dave Hamilton at (734) 662-3745 or at daveh@swishercommercial.com

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