130 Jackson St - Schools FOR SALE


Cement City, MI 49233
$665,000 USD
517-499-4492
130 Jackson St, Cement City, MI for Sale
$665,000 USD
Schools - FOR SALE
1/49
null | 1.5% Cap Rate

130 Jackson St
Cement City, MI 49233


HIGHLIGHTS

  • The 10-acre parcel offers significant frontage and visibility, making it ideal for various development projects.
  • The property’s large size, ample parking, and existing facilities like the gymnasium and cafeteria provide great potential.
  • Great space for a school, community center, church, and more.

OVERVIEW

43,700 sq ft building sitting on a 10 acre parcel. lots of potential, zoned as residential/recreational. Gymnasium, kitchen, cafeteria 2 out buildings, ample parking, fitness center and plenty of office space. Listing Broker has an ownership interest in the property. The NOI and Cap Rate are based on a Sale and Lease Back method involving the seller leasing a portion of the building and property. These spaces are currently in use, but are not a requirement of the sale. This property and structures are sold "As Is".

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$15 USD /SF

CAP RATE

1.5%

% LEASED

46%

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

BAMMPlex

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Lodge/Meeting Hall, Public Library, Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

RNF

APN/PARCEL ID

000-19-33-351-003-00

ASK ABOUT THIS PROPERTY

Kyle BammRMP Real Estate Sales & ManagementMore Info
517-499-4492

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Kyle BammRMP Real Estate Sales & ManagementMore Info
517-499-4492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.