216 W MORRELL ST

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216 W MORRELL ST

Jackson, MI 49203
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • The retail property covers 8,000 square feet of interior space
  • It is categorized as a storefront asset for sale
  • The building is situated at 216 W Morrell St in Jackson
  • It occupies a position in the southern Michigan commercial market
  • The asset offers potential for retail or adaptive use

What's Special

Retail operations seeking a prominent storefront presence will find this 8,000 square foot property at 216 W Morrell St a viable candidate for investment. The building occupies a position within Jackson, a city known for its historical industrial base and evolving commercial landscape in southern Michigan. Its size allows for a variety of layouts, making it suitable for regional retailers, local service providers, or adaptive reuse projects tailored to the needs of the surrounding community. The Jackson submarket benefits from infrastructure connectivity and a steady population base, providing a foundation for established businesses. The asset provides flexible space in a central location, facilitating accessibility for customers and staff alike. Investors and owner-users can evaluate this location for its capacity to accommodate distinct storefront operations while contributing to the local neighborhood economy.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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