Turnkey Bar &
145 W Pearl Street Jackson, MI 49201
New
145 W Pearl Street, Jackson, MI, 49201
$389,000
For Sale
$389,000
COMMERCIAL - Jackson, MI
Property Size1,980 SF
Lot Size0.05 Acres
Price / SF$196.46
Days on Market4
Property Features for 145 W Pearl Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Standard status
- Active
- APN
- 1-003400000
- Size
- 1,980 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 22 FT OF N 90 FT OF LOT 9 BIN R 1E OF THE ORIGINAL PLAT OF THE VILLAGE OF JACKSONBURG
- Tax Annual Amount
- 5916
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Rubber
Listing agency
Century 21 Affiliated - Jackson
(517) 888-0050
Listed by
Pamela Sue Mackinder · License #6501425179
(517) 581-1630
Added: Jul 20 Checked: Jul 23 at 6:06AM
MLS# 26037190
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 turnkey bar and restaurant business opportunity is offered with the commercial kitchen equipment and fixtures included, along with a liquor license. The operation is set up for daily service with an established lunch and dinner menu and is described as ready for immediate occupancy.
Located at 145 W Pearl Street in Jackson, MI, the property is positioned in a high-visibility, high-foot-traffic district. An expansive seasonal outdoor seating area is included, designed to capture increased demand during warmer months.
The sale is presented as inclusive of the operating components needed to run the food and beverage concept, making it a turnkey acquisition rather than a ground-up build.
Located at 145 W Pearl Street in Jackson, MI, the property is positioned in a high-visibility, high-foot-traffic district. An expansive seasonal outdoor seating area is included, designed to capture increased demand during warmer months.
The sale is presented as inclusive of the operating components needed to run the food and beverage concept, making it a turnkey acquisition rather than a ground-up build.
Key Highlights
- Brick construction with forced air heating and central air conditioning (Year built: 1950)
- Roof: rubber
- Sale includes commercial kitchen equipment and fixtures
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex Foods Nutritious ...
Restaurant
Nite Lite
Bar & Pub
bar
Bar & Pub
Similar For Sale Nearby
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
FAQs
What type of property is this?
Bar & Pub - Turnkey bar and restaurant for sale on W Pearl Street, including kitchen equipment, fixtures, and a liquor license.
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: Brick construction with forced air heating and central air conditioning (Year built: 1950); Roof: rubber; Sale includes commercial kitchen equipment and fixtures
