Turnkey Bar and
145 W Pearl Street Jackson, MI 49201
New
For Sale
$389,000
Turnkey bar and restaurant business for sale with established lunch/dinner menu and commercial kitchen equipment included.
Days on Market4
Property Features for 145 W Pearl Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Century 21 Affiliated - Jackson
(517) 581-1630
Listed By:
Pamela Sue Mackinder · License #6501425179
(517) 581-1630
Source:
Eliterealtymi
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 12:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated - Jackson
Investment Insights
Based on property information with market context.
This for-sale bar and restaurant business is presented as a fully turnkey operation. The sale includes the commercial kitchen equipment and fixtures, along with a valuable liquor license. The concept includes an established lunch/dinner menu and the property is offered with an established operating setup suitable for immediate continuation.
The business is located in a high-visibility, high-foot-traffic district and features an expansive seasonal outdoor seating area designed for warmer months.
The offering is positioned for a buyer seeking an existing bar/restaurant with included improvements and equipment rather than starting from scratch.
The business is located in a high-visibility, high-foot-traffic district and features an expansive seasonal outdoor seating area designed for warmer months.
The offering is positioned for a buyer seeking an existing bar/restaurant with included improvements and equipment rather than starting from scratch.
Key Highlights
- Fully turnkey bar/restaurant operation for sale
- Includes established lunch/dinner menu
- Sale includes commercial kitchen equipment and fixtures
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 | $27.3k | $13.80 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $25.1k | $12.67 |
| − OpEx | −$6.3k | −$3.17 |
| NOI | $18.8k | $9.50 |
1,980 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$268.8K
$235.2K – $313.6K
NOI $18,813 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.1K
$276.6K – $368.8K
NOI $22,125 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar and restaurant business for sale with established lunch/dinner menu and commercial kitchen equipment included.
Where is this bar & pub located?
The property is located at 145 W Pearl Street Jackson, MI.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Fully turnkey bar/restaurant operation for sale; Includes established lunch/dinner menu; Sale includes commercial kitchen equipment and fixtures
