$1,500,000

2532 Spring Arbor Road, Jackson MI, 49203

Price per sqft$260.33

Built in1964

Property size5,762 sqft

Property typeCommercial

Courtesy of Timothy Groves, Coldwell Banker Groves Real Estate

Overview

Active

Listed Aug 3, 2026

Updated 3 weeks ago

Established rental income. Significant improvements already completed. Dedicated parking for patients, clients, and staff. 2532 Spring Arbor Road offers an opportunity to acquire an extensively renovated medical and professional office property with existing triple-net leases and additional space available for income growth or owner occupancy. Situated on approximately 1.21 acres, the property combines a multi-suite layout with substantial private parking and direct access from Spring Arbor Road. Approximately $420,000 has been invested in renovations creating a largely move-in ready professional environment. The expansive on-site parking lot provides dedicated parking. Existing leases provide a 5.9% CAP rate with a projected 8.1% CAP rate at full capacity. The approximately $172,000 in Brownfield benefits add additional value not included in these calculations. Buyer to verify terms & transferability of Brownfield benefit with Summit Twp. Zoned O-1. See attached for more detail.

Additional information

MLS^® ID: 26040268

Interior Features

Bathrooms: 6
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.21 Acres

Other Property Details

Taxes: $5,808
Tax Frequency: Annually

Courtesy of Coldwell Banker Groves Real Estate

The IDX display contains information sourced from the MichRIC® as of 9/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 9/16/2026