308 W Prospect Street Jackson, MI $ 265,000
308 W Prospect Street
$ 265,000
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308 W Prospect Street

Jackson, MI, 49203
$ 265,000
Baths0.0 Sq 3,868

Monthly Estimate*

$ 1,761

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Studio

Commercial Property for sale in Jackson, MI

for $265,000. This 3,868 square foot building was built in 1947 on a lot size of 0.95.

Welcome to the heart of Jackson, Michigan's thriving dining and entertainment scene! This successful bar/restaurant offers a premium opportunity for both investors and restaurateurs. Boasting a full bar, spacious dining room, and a versatile banquet room, this establishment caters to diverse tastes and occasions. Live entertainment lights up the stage three nights a week, creating a dynamic atmosphere that keeps patrons coming back for more. This property is also a commercial hub, featuring rented office and retail spaces, providing a steady stream of income to complement the restaurant's revenue. This diversity of revenue streams ensures financial stability and long-term growth potential. Join the legacy of this successful establishment, and seize the opportunity!

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Commercial Contingent

Price

$ 265,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,444

Style

Bar/Tavern/Lounge,Commercial

Lot Size

0.95

Year Built

1947

Town/City

Jackson

County/Region

Jackson

MLS | Web ID

55023134764

Features
Interior
Heating Fuel Natural Gas
Total Units 1
Street Suffix Street
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General
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street Storm Drain
Heating Forced Air Central Air
current use Bar/Tavern/Lounge Commercial
Zoning Other
Year Built 1947
Property Type Commercial
Transaction Type Sale
Status Contingent - Continue To Show
Contingency Call Listing Office
Short Sale Unknown
Construction Materials Block/Concrete/Masonry Steel Stucco Vinyl
Cumulative Days on Market 245
MLS Area Jackson
Directions On the corner of Woodbridge and W Prospect
City Jackson
Terms Offered Cash Contract Conventional
School District Jackson
Land Contract 1
Street Name Prospect
Total Sq Ft 3868
DOM 245
Taxes 7444.0900
Legal Description 1752.1 1752 1753 1754 1755.1 Lots 5 5 7 8 9 and 10 Blk 4 Prospect Add
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Exterior
Waterfront 0
Lot Size Area 0.95
Water Source Public (Municipal) Water at Street
Foundation Slab
Lot Size Dimensions 311 x 134
Roof Material Metal Rubber
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Internal Only
Originating MLS Jackson Area Association of REALTORS®
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* Excluded Features
List By
Jennifer Chmielewski

Listing Agent

Era Reardon Realty, L.L.C.

Broker

(517) 937-5232

Phone

Affordability Calculator

$2,382
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,761
Monthly Property Taxes
$620
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848154 Elementary School
848401 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2023$265,000 Listed Price

Map


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308 W Prospect Street, Jackson, MI, 49203 is a Commercial Property for sale at $265,000 with 3,868 sqft and a lot size of 0.95. 308 W Prospect Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 49203 which is in Jackson, MI