232 W Prospect Street

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232 W Prospect Street

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).

  • Retail storefront property located at 232 W Prospect Street in Jackson.
  • The building interior provides a total area of 1,026 square feet.
  • Positioned within the Michigan market for local service or retail businesses.
  • Strategic location offers accessibility to regional consumers and major nearby transit.
  • Asset configuration supports diverse small-scale commercial or retail business uses.

What's Special

Jackson serves as a key regional hub in south-central Michigan, benefiting from its proximity to major transit corridors and a consistent industrial and commercial base. Situated within this stable economic environment, 232 W Prospect Street features a 1,026 square foot storefront building available for acquisition. The property provides a functional footprint suitable for a variety of retail businesses looking to establish a presence in the local market. Its positioning within the city grid allows for visibility and access to the surrounding residential and commercial districts. This retail space serves as a viable option for entrepreneurs or investors seeking to operate a boutique shop, neighborhood service center, or specialized retail outlet. The manageable building size offers potential for low-overhead operations in a classic Midwestern urban setting. Buyers can capitalize on the established character of the area to integrate their business into the local trade landscape.

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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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