121 E Cortland Street, Jackson, MI 49201
- Added:
- Jan 27, 2026
- Days on Market:
- 136
- Last Refresh:
- Jun 12 at 10:06 pm
Property Features for 121 E Cortland Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 5-00270000
- Size
- 1,850 SF
- Lot size
- 0.10 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 1
Listing agent BEN LATOCKI (517) 812-0009
Listing office Production Realty 213 N Jackson St., JACKSON, MI (517) 879-4141
Listing date Jan 27, 2026
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.
HighLights
- Established business with a loyal customer base.
- Prime downtown location with high foot traffic.
- Historic building (circa 1895) with unique character.
- Well‑known local establishment with a strong community presence.
- Proven venue for events and gatherings (DJs, New Year's Eve, etc.).
- Located in Jackson, a city with a rich history.
Overview
Local Financial Insights For Specialty Retail
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 | $25.5k | $13.80 |
| − Vacancy | −$2.1k | −$1.13 |
| EGI | $23.4k | $12.67 |
| − OpEx | −$5.9k | −$3.17 |
| NOI | $17.6k | $9.50 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Cracker Jaxx — 419 Park Pl, Jackson, MI 49201
- Jack's Take Out — 118 E Mason St, Jackson, MI 49203
- Lenora´s Pub — Jackson, MI 49201
- Knights steakhouse — Jackson, MI 49201
- Nite Lite — 145 W Pearl St, Jackson, MI 49201
Map
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.405342
- Latitude
- 42.246345
