Downtown Jackson - Established Restaurant Opportunity

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30000896
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,000 SF
Gross Land Area: 1 Acre
Sale Price: $550,000
Unit Price: $183.33 PSF
Property Use Type: Business
Building Name: Confidential
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2016

Overview / Comments

Located in the revitalized City of Jackson, the opportunity for you to own one of Jackson’s most popular dining establishments now exists. This is a turn-key opportunity and includes all fixtures, equipment, liquor license, and supplies (inventory separate as required). Establishment seats over 200 partrons. Jackson MI is home Consumers Energy, Henry Ford Health-Jackson, Eaton Corporation, and several other corporations and local businesses. Customer Sales figures, square footage, and miscellaneous data has been rounded to protect the confidentiality of the sale. Data, photos, and additional information will be provided to qualified purchasers.

Additional Details

Nearest MSA: Jackson
County: Jackson
Taxing Authority: City of Jackson
Tax ID/APN: Confidential
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Downtown City of Jackson
Property Visibility: Good
Largest Nearby Street: W Michigan Ave
Feet of Frontage: 50
Highway Access: I-94 Business Route
Airports: JXN
Area Description: Revitalized downtown City of Jackson. Close proximity to Consumers Energy, Eaton Corporation, Henry Ford Health, City Hall, County Building, and many other businesses.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1950
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface, Other
Parking Description: Some owned area, public lot behind business, parking garage, and surface parking.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, T1/T3
Interior Description: Turk key business opportunity.
Lot Frontage (Feet): 50
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Confidential

Attachments & Media

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,356 54,001 90,546
Median Age: 32.16 35.5 37.94
Households: 6,857 22,448 34,420
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