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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1210 E Michigan Ave , Jackson, MI 49201
$3,000,000
Est. Payment: $6,666.67/mo
0 Bed
0 Bath
111312 Sqft
Status: Active | Days on site: 91
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House Description

111,000+ SF Campus & Residential Portfolio | 8 Parcels | Shadow-Anchored by Henry Ford HealthMarketing descriptionToman & Co. is pleased to announce the official listing of 1210 E Michigan Ave, Jackson, MI. This expansive investment opportunity consists of 8 total parcels, headlined by a 111,312 SF former college campus. The main 3-story building offers a robust infrastructure including 40 dorms, a gymnasium, an auditorium, and a commercial kitchen.The property stands out as a versatile redevelopment play, currently zoned for multiple potential uses including Mixed-Use, Senior Living, and Office. Complementing the vacant campus are ten fully occupied residential units, providing steady income while a developer executes the vision for the primary facility. Located strategically in a high-growth corridor shadow-anchored by Henry Ford Health, this asset offers the scale and flexibility for a landmark regional project.Investment Highlights:Massive Redevelopment Potential: 111,312 SF main building spanning 3 floors, currently 100% vacant and ready for conversion.Immediate Cash Flow: Portfolio includes 10 fully occupied residential units (6 single-family rentals and 1 quadplex) across 7 additional parcels.Institutional-Grade Amenities: Fully equipped with a gymnasium, auditorium, commercial kitchen, school cafe, and laundry facilities.High Capacity Housing: Main facility features 40 dorm rooms with a study conducted unit count cant increase to 70+, north of a 200 person capacity and over 100 parking spaces.

Highlights

Listed by Deuntay Fields , 734-725-1595 Toman & Co LLC , 734-883-6906.

Property Type

Commercial Sale

Lot/Acreage
3.27

County

Jackson

Neighborhood

Jackson City

School District

Jackson

Listing ID

20261046099

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$6,667
Taxes
$13,532

Home Price

$3,000,000

Loan Details

30 yrs
%

Down Payment

20%
$600,000
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Monthly Price:
$6,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,666.67 $13,531.58 $0.00 $20,198.25
Yearly $80,000.00 $162,379.00 $0.00 $242,379.00
Total $2,400,000.00 $4,871,370.00 $0.00 $7,271,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Jackson, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.