121 E Cortland Street

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121 E Cortland Street

Jackson, MI 49201
Business Price
$260K
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Historic bar business available for acquisition in Jackson
  • Located at 121 E Cortland Street in the city center
  • Asking price for the business interest is 260000 dollars
  • Business is situated in the downtown Jackson retail district
  • Suitable for an owner-operator seeking a historic hospitality venue

What's Special

This business-for-sale opportunity features a historic bar located at 121 E Cortland Street in downtown Jackson, Michigan. Positioned within the city's central business district, the establishment benefits from proximity to local commerce and a walkable urban layout. Jackson serves as a key economic hub in south-central Michigan, providing a consistent flow of foot traffic and a established patron base for hospitality ventures. The layout and historical significance of the premises allow for continued use as an active tavern or pub venue. Investors and operators looking to acquire an established brand in a growing downtown corridor may find this asset aligns with their portfolio goals. The property is currently available for purchase in a market known for its focus on redevelopment and local business support.

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NOI
$80,000
Cap Rate
30.77%
DSCR
5.18
Strong
Cash-on-Cash
82.77%
Monthly Payment
$1,286.338
Annual Cash Flow
$64,563.942

Location & Travel Times