Multi–Family Redevelopment Opportunity Less Than a Half Mile North of Downtown Jackson
$1,995,000
524 North Jackson Street, Jackson, MI 49201
Description:
CORNERSTONE MULTI-FAMILY OPPORTUNITY IN REVITALIZED DOWNTOWN JACKSON
This 3.58-acre assemblage positioned at the prominent corner of W. Ganson Street and N. Jackson Street offers a prime, high-potential infill opportunity for multi-family, medium-density, townhome, or mixed-use development. Zoned entirely C-4 (General Commercial), the land includes three existing structures situated on the northeast portion of the site that are already connected to municipal utilities. The property is exceptionally well-located along a high-visibility corridor serviced by the JATA bus transit system, providing effortless connectivity throughout the city.
The site directly benefits from close proximity to the county’s two primary employers, Henry Ford Jackson Hospital and CMS Energy International headquarters, both situated less than a four-minute drive or seven-minute bike ride away. Driven by low rental vacancy and a high demand for modernized housing, the surrounding urban core features an aging inventory with an average age of roughly 32 years, contrasted by recent successful multi-family projects along Louis Glick Highway just one-third of a mile to the south. Additionally, developers can leverage active municipal support for downtown density, with the City of Jackson offering funding programs such as CDBG/HOME grants and local tax abatements like Act 381 Brownfield incentives to facilitate project completion.
Documents:
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Jackson_St_at_Ganson_Property_Brochure_-_Redev_Sale.pdf
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Location
Gallery
