$350,000
●
Commercial -
Off Market
3465 Ann Arbor Road #C
Jackson, MI 49202
Studio
2 Baths
$1,977
Est. Monthly
3.92%
Cap Rate
About This Property
Excellent opportunity to own or lease a commercial condo unit
located in a high traffic area with great visibility, near a major
highway on ramp offering convenient access. Fully remodeled in
2019, this unit features a kitchen with stove, microwave,
dishwasher, two bathrooms, and both front and back entrances for
added convenience. Recent updates include, new roof in 2018, and
new furnace and central air conditioning system, ensuring comfort
and energy efficiency year-round. Unit is currently used for office
space, but could be used as retail space as well. The condo offers
ample parking, which will be shared with other units and
negotiated. New acoustical panels added on the ceiling to improve
sound control.
See agent remarks for condo and unit expenses.
See agent remarks for condo and unit expenses.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$258
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (MichRIC MLS #26000581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 28, 2026 | Price Decreased |
$350,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by Sproat Realty Professionals-J | $400,000 | |
| Listed by Sproat Realty Professionals-J | |||
| Dec 27, 2025 | No longer available | - | |
| No longer available | |||
| Nov 5, 2025 | Price Decreased |
$400,000
↓ $50K
(11.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 2
Exterior Details
Year Built: 1955
Building Area Total: 2237
Construction Materials: Concrete
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Lot Size Dimensions: 209x193x271
Financial Details
Tax Assessed Value: $184,219
Tax Annual Amount: $3,101
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2026
|
Loft
|
2 Bath
|
-
|
$400,000
Loft
2 Bath
|
-
-
|
SUSAN MOHLMAN
Sproat Realty Professionals-J
| |
|
06/26/2025
|
Loft
|
2 Bath
|
-
|
$450,000
Loft
2 Bath
|
-
-
|
SUSAN MOHLMAN
Sproat Realty Professionals-J
| |
|
08/05/2021
|
Loft
|
-
|
-
|
$44,000
Loft
-
|
-
-
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
08/05/2021
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
-
-
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
05/28/2020
|
Loft
|
1 Bath
|
-
|
$250,000
Loft
1 Bath
|
$250,000
07/10/2020
|
LARRY WETHERBY
RE/MAX MID-MICHIGAN-BROOKLYN
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
$39,000
01/15/2021
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
$39,000
06/18/2021
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
$39,000
06/18/2021
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$49,000
Loft
-
|
$46,000
-6.12%
06/25/2021
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
$39,000
10/22/2021
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$44,000
Loft
-
|
$30,000
-31.82%
03/09/2022
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$44,000
Loft
-
|
$25,000
-43.18%
06/08/2023
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$39,000
Loft
-
|
$37,000
-5.13%
05/29/2020
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
10/06/2014
| |
Loft
|
-
|
8400 ft²
|
$499,000
Loft
-
8400 ft²
|
-
-
|
Sandy Edwards
Callander Commercial
|
|
07/30/2012
| |
Loft
|
-
|
8400 ft²
|
$499,000
Loft
-
8400 ft²
|
-
-
|
Sandy Edwards
Callander Commercial
|
|
04/15/2011
| |
Loft
|
-
|
8400 ft²
|
$525,000
Loft
-
8400 ft²
|
-
-
|
Sandy Edwards
Callander Commercial
|
|
01/08/2010
| |
Loft
|
-
|
8600 ft²
|
$540,000
Loft
-
8600 ft²
|
-
-
|
Sandy Edwards
Callander Commercial
|
|
12/10/2007
| |
Loft
|
-
|
8400 ft²
|
$540,000
Loft
-
8400 ft²
|
-
-
|
Sandy Edwards
Callander Commercial
|
|
12/19/2006
| |
Loft
|
-
|
-
|
$815,000
Loft
-
|
-
-
|
Matthew Leighton
Jaqua REALTORS
|
Building Info
About Jackson
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: SUSAN M MOHLMAN, Sproat Realty Professionals-J
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 26000581
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 5 months ago
Data Source: MichRIC, MLS# 26000581
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017