This Nationally Registered Historic Building In Michigan Is Up For Bid
Every once in a while, a great real estate opportunity will go up for sale, but you can rarely find one that is registered on the National Register of Historic Places. The Commercial Exchange Building, which has in the past been known as the Collins Manufacturing and Jackson Automobile Company, located at 2301 E. Michigan Ave. in Jackson is up for bid starting Monday, March 18th, until the end of the day on March 20.
The building was listed on the National Register of Historic Places in 1993 and the history of this building goes back to the late 1800s when it was manufacturing wagons, carts, surreys, sleighs, and buggies.
Later on in the early 1900s the Jackson automobile company purchased the building and began building cars there until 1922. So this is a major part of Jackson's history and currently, this massive 168,600 square-foot brick building is only going for $350,000 which is the starting bid.
This would make for a cool DIY building or host, different kinds of events or even classes, similar to the Park Trade Center in Kalamazoo. Here is a look at the building, and what you can expect as a buyer.
Strategically located with ample parking and high visibility on the corner lot of a signalized intersection along the primary road Michigan Ave. Ideal owner-user or value-added investment providing tremendous opportunities with significant upside through lease-ups or adaptive reuse capabilities. Surrounded by demand drivers with premium accessibility to major highways with a mile commute to US 127 and a 2-mile drive to I-94.