308 W Prospect Street

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308 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).

  • The retail property covers a total area of 3,868 square feet
  • This storefront is currently available for purchase in Jackson
  • The building is situated in the 49203 zip code of Michigan
  • It occupies a strategic position within a growing regional commercial market
  • The facility serves as an option for diverse retail or office uses

What's Special

Retailers and service-based businesses will find this 3,868-square-foot storefront at 308 W Prospect Street a practical base of operations in Jackson, Michigan. The property sits within a well-established submarket, benefiting from the steady pace of commerce found throughout the region. Jackson serves as a key economic hub for the south-central portion of the state, providing access to essential regional transit routes and a consistent local customer base. Given the layout of this storefront, the space supports a variety of commercial functions, including boutique retail, professional office services, or neighborhood-focused showroom space. The building footprint allows for significant flexibility in interior build-outs to suit specific tenant requirements. Investors and business owners looking for a foothold in the 49203 area will find this facility aligns with standard commercial operational needs in the city. Its positioning within the local streetscape offers visibility for walk-in traffic and easy accessibility for patrons navigating the immediate neighborhood.

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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

Location & Travel Times