505 Wildwood Avenue, Jackson, MI 49201

$550,000
5
BA

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List Price
$550,000
Days on Market
52
MLS#
26027481
Status
ACTIVE
Type
Commercial
Bathrooms
5
Full-baths
5

Property Description

A rare opportunity in Downtown Jackson's Historic District! This architecturally unique property offers some of the city's most flexible zoning, allowing for an incredible range of potential uses including retail, professional offices, mixed-use development, event space, bed & breakfast, Airbnb, individual room rentals, live/work space, multifamily conversion, or an extraordinary single-family residence. Original historic details have been carefully preserved and remain largely untouched, showcasing timeless character throughout all four levels of usable space. Featuring 8 bedrooms, 2 full baths, and 3 half baths, the possibilities are endless for entrepreneurs, investors, business owners, or those seeking a one-of-a-kind property. Prime downtown location surrounded by restaurants, entertainment, businesses, and ongoing redevelopment. Bring your vision and unlock the potential of this remarkable historic landmark. Square feet, bedrooms and 3 baths are a total of the two upper floors. PROPERTY IMPROVEMENTS & UPDATES 2019 All plumbing and electrical systems were substantially updated by Aladdin Electric. Extensive drywall repairs were completed throughout the property. Main-level ceilings enhanced with crown molding and decorative trim. Exterior wood trim repainted. Mini-split heating and cooling systems installed on upper levels. All baths are either newly added or completely renovated. 2020 Concrete patio added. Wrought iron fencing installed. Pergola added. Rear deck constructed. All exterior improvements are designed for accessibility. Asbestos removed. Additional insulation was installed in the ceilings. 2021 New HVAC system installed for the main level. 2022 Basement walls professionally cleaned, sandblasted, and sealed. 2023 Parking lot asphalt resurfaced and repaired (approximately $15,000 investment). Third-floor laundry area added. Ceiling fans are installed on the third floor. Additional Information All wall décor will be removed by the seller before possession unless specifically requested in writing as part of the sale. Seller will consider selling most interior furnishings and contents separately from the real estate. Piano is excluded from any sale of contents.

Additional Information

Taxes
$13,875
Acres
0.30
Heating
Forced Air
Roofing
Slate
School District
Jackson
Total Parking Spaces
19
Utilities
Electricity Connected, Natural Gas Connected
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: SUSAN M MOHLMAN from Listing Office: Sproat Realty Professionals-J.

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