Restaurant Building with Commercial
107 E Jackson Road Concord, MI 49237
For Sale
$170,000
COMMERCIAL - Concord, MI
Property Size1,800 SF
Lot Size0.39 Acres
Price / SF$94.44
Days on Market193
Property Features for 107 E Jackson Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 001-11-27-151-015-03
- Size
- 1,800 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Sec 27 T3S R3W
- Tax Annual Amount
- 3784
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water front
- 1
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing Agency:
ERA Reardon Realty, L.L.C.
(517) 782-2996
Listed By:
TIMOTHY J ATKINS · License #6506036004
(517) 937-2473
Added: Jan 15
Changed: Jul 25
Last Checked: Jul 26 at 11:06PM
MLS# 26001910
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale restaurant building includes a commercial kitchen with all kitchen equipment included, plus newer interior and exterior improvements such as newer vinyl siding. The property offers seating for approximately 60–70 people and includes outside seating. Additional building systems include a newer 75-gallon commercial water heater and a newer furnace. The site provides ample parking.
The property is located at 107 E Jackson Road in Concord, Michigan, with Kalamazoo River/Millpond frontage as described in the remarks.
With the restaurant infrastructure already in place, the space is configured for food service operations and can also support larger tables for group dining and meetings, according to the property’s stated features.
The property is located at 107 E Jackson Road in Concord, Michigan, with Kalamazoo River/Millpond frontage as described in the remarks.
With the restaurant infrastructure already in place, the space is configured for food service operations and can also support larger tables for group dining and meetings, according to the property’s stated features.
Key Highlights
- Kalamazoo River/Millpond Frontage: Offers a desirable and relaxing dining atmosphere
- High Traffic Location: Provides excellent visibility and customer access
- Seating Capacity: Accommodates 60‑70 patrons with additional outside seating
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.9k | $11.04 |
| − Vacancy | −$2.0k | −$1.12 |
| EGI | $17.9k | $9.92 |
| − OpEx | −$5.4k | −$2.98 |
| NOI | $12.5k | $6.95 |
1,800 SF · lease $11.04/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$244.3K
$213.8K – $285.0K
NOI $17,102 @ 7.0% cap · market cap 10.06%
Second Best
Industrial
$178.6K
$156.3K – $208.4K
NOI $12,505 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$287.3K
$251.4K – $335.2K
NOI $20,114 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Updated restaurant building with seating for 60–70, outside seating, ample parking, and included commercial kitchen equipment.
Where is this conventional restaurant located?
The property is located at 107 E Jackson Road Concord, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Kalamazoo River/Millpond Frontage: Offers a desirable and relaxing dining atmosphere; High Traffic Location: Provides excellent visibility and customer access; Seating Capacity: Accommodates 60‑70 patrons with additional outside seating
