tomo logo

$199,900

Beds
1
Baths
1.5
sq ft
2,028

205 N West Ave, Jackson, MI 49201

205 N West Ave

Jackson, MI 49201

  • 33 days on market
This property offers so much potential for entrepreneurs looking to start or expand a business. Included in the sale is a 2-bedroom apartment,2 tanning units, and much more. The revenue from the apartment will pay most of your mortgage if not all The main area could easily be changed to residential with 3 bedrooms or rental suites and add more potential income as property is zoned commercial as well The property is located in a high-traffic area, providing excellent visibility and exposure for any business. The area is zoned for both commercial and residential use, allowing for a variety of business opportunities. This is perfect for someone who is looking to start a salon, retail store, office space, or any other type of business. Equipment and products are included in the sale. If you're looking for a high-visibility location for your business and want the added convenience of living on-site or the extra income then this property is the perfect fit. Don't miss out on this incredible opportunity, schedule your showing today! *Apartment is rented currently

Details

Property type

Single Family Residence

Est. home value

$218,132

Lot size

7,841 sq ft

Price per sq ft

$99

Year built

1890

Annual property taxes

$2,504

Price History

11/19/2024
Realcomp

Realcomp #20240020947

Removed
$200,000
+0.05%
11/19/2024
Realcomp

Realcomp #20240087099

Listed
$199,900
-0.05%
04/03/2024
Realcomp

Realcomp #20240020947

Listed
$200,000
-18.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jackson

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Standard Federal Bank Na

Loan start date

June 2004

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.34%

Loan type

Commercial

Seller

Scott William Allan and Julie Rae Allan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Realcomp
$175,000
6 bd
|
2 ba
|
2,358 sq ft
|
House

302 N Blackstone St, Jackson, MI 49201

Realcomp
$199,000
3 bd
|
1.5 ba
|
1,777 sq ft
|
House

119 S Grinnell St, Jackson, MI 49203

Price drop
Realcomp
$188,000
4 bd
|
1.5 ba
|
1,608 sq ft
|
House

104 S Grinnell St, Jackson, MI 49203

Status: Active

Tomo last checked: 12/22/2024 at 6:35 PM

Listing updated: 11/20/2024 at 6:05 AM

Listed by: Roberta Weith, Berkshire Hathaway HomeServices Kee Realty Phone #: (248) 651-1200

MLS: Realcomp #20240087099

Realcomp logo

Recently listed in Jackson

$299,900|3 bd|2.0 ba|Condo
$179,000|3 bd|1.0 ba|House
$170,000|3 bd|1.0 ba|House
$179,900|3 bd|2.0 ba|House
$175,000|3 bd|1.0 ba|House
$224,900|4 bd|2.0 ba|House
$425,000|4 bd|3.0 ba|House
$300,000|4 bd|2.0 ba|House
$299,900|3 bd|1.5 ba|House
$94,900|1 bd|1.0 ba|House