Mixed-Use Bar and Grill with
For Sale
$345,000
1110 Page Avenue, Jackson, MI 49203
Commercial Sale, Jackson, MI
Property Size3,680 SF
Lot Size0.57 Acres
Price / SF$93.75
Days on Market12
Property Features for 1110 Page Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Parking
25
Elementary school district
Jackson
Middle school district
Jackson
High school district
Jackson
Standard status
Active
APN
6-146500000
Size
3,680 SF
Lot size
0.57 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 13, 14, 15 ASSESSOR'S TOMLINSON PLAT & E 1/2 OF LOTS 11 & 12 ASSESSOR'S TOMLINSON PLAT (See Attached 4- GIS Maps)
Tax Annual Amount
4328
Legal Description
LOT 13, 14, 15 ASSESSOR'S TOMLINSON PLAT & E 1/2 OF LOTS 11 & 12 ASSESSOR'S TOMLINSON PLAT (See Attached 4- GIS Maps)
Utilities
Heating system
Forced Air
Building Details
Year built
1940
Floors in Building
2
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Century 21 Affiliated - Jackson
(517) 888-0050
Listed By:
ERIC ROPP · License #6502395717
(517) 392-8508
Added: Oct 26
Changed: Nov 2
Last Checked: Nov 6 at 5:06AM
MLS# 26058078
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.
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Investment Insights
Based on property information with market context.
This 3,680-square-foot mixed-use property brings a bar and grill together with two upstairs apartments. The commercial space includes separate bar and dining areas, a game room with a pool table, a kitchen equipped with walk-in and keg coolers, two restrooms, an office, and a covered patio that is partially enclosed. Fire suppression is installed, and the building has a high-efficiency gas furnace and water heater. The business, real estate, trade fixtures, and Class C liquor license are included; license transfer requires MLCC approval.
The property consists of four commercial parcels totaling 0.57 acre, with a large gravel lot, multiple entrances, and overflow parking. Built in 1940, the building also contains two city-certified one-bedroom apartments. One apartment is vacant and has new carpet.
The property consists of four commercial parcels totaling 0.57 acre, with a large gravel lot, multiple entrances, and overflow parking. Built in 1940, the building also contains two city-certified one-bedroom apartments. One apartment is vacant and has new carpet.
Key Highlights
- 3,680‑square‑foot mixed‑use property with a bar and grill plus two upstairs apartments
- Business, real estate, trade fixtures, and Class C liquor license included; transfer subject to MLCC approval
- Four commercial parcels totaling 0.57 acre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,498
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,960
$610.0K
Cap Rate 7%
$435,686
$435.7K
Cap Rate 9%
$338,867
$338.9K
Market Conditions
NOI Build-Up for 3,680 SF
Gross rent
$57.4K $15.60/SF
− Vacancy
−$8.6K −$2.34/SF
EGI
$48.8K $13.26/SF
− OpEx
−$18.3K −$4.97/SF
NOI
$30.5K $8.29/SF
Area
Jackson County, MI
Vacancy
15.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,960
Cap Rate 7%
$435,686
Cap Rate 9%
$338,867
Alternative Uses
Best Use
Specialty Retail
$499.5K
$437.1K – $582.8K
NOI $34,965 @ 7.0% cap · market cap 10.13%
Second Best
Mixed Use
$435.7K
$381.2K – $508.3K
NOI $30,498 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$587.5K
$514.0K – $685.4K
NOI $41,122 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 49203, MI
37,269
Population
16,999
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
26.5 sq mi
ZIP Area
1,406
Density / Sq Mi
$55,689
Median Household Income
$37,096
Median Earnings
$992
Median Rent
$150,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines a Class C liquor license, business fixtures, and upstairs residential units in one sale package.
Where is this mixed-use property located?
The property is located at 1110 Page Avenue Jackson, MI.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 3,680‑square‑foot mixed‑use property with a bar and grill plus two upstairs apartments; Business, real estate, trade fixtures, and Class C liquor license included; transfer subject to MLCC approval; Four commercial parcels totaling 0.57 acre
