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Turnkey Jackson Icon Business Opportunity

300 W North Street Jackson, MI 49202

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Turnkey business with live performance potential and living quarters.

Type:Retail, Office
Property size:
4,754 SF
Price / SF:
$98.86/SF
Added:
May 21, 2026
Days on Market:
54
Last Refresh:
May 27 at 8:20 am

Property Features for 300 W North Street

General Information

Standard status
Active
Size
4,754 SF
Property subtype
Retail, Office

Building Details

Year Built
1890

Listing office Production Realty

Listing date May 21, 2026

Source Crexi

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 Production Realty


Investment Insights

Based on property information with market context.

This Jackson property presents a turnkey business opportunity with potential for live performances, karaoke, outdoor events, pool, pong, darts, cornhole, and dancing. The establishment features a large stage and a sound system. The property includes a horseshoe bar, an updated POS system, premises cameras, and an outdoor space with a deck. The upstairs area contains a 1-bedroom apartment, suitable for on-site living or rental income. The property size is 4,754 square feet.

Key Highlights

  • Turnkey business opportunity with established entertainment venue.
  • Includes a spacious stage and top‑notch sound system.
  • Features a horseshoe bar with updated POS system and premises cameras.

Local Financial Insights For Office B

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 $68.5k $14.40
− Vacancy −$15.3k −$3.23
EGI $53.1k $11.17
− OpEx −$13.3k −$2.79
NOI $39.8k $8.38
4,754 SF · lease $14.40/SF/yr · vacancy 22.40% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$645.3K
$564.6K – $752.8K (±1% cap)
NOI $45,169 @ 7.0% cap · market cap 9.61%
Second Best
Office B
$569.2K
$498.0K – $664.0K (±1% cap)
NOI $39,842 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$758.9K
$664.0K – $885.4K (±1% cap)
NOI $53,123 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Music Box Nightclub Music Box Bar & Pub

Suggested Use

Spa & Massage Center Hair Salon Nail Salon Accounting Firm Skin Care Clinic Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Music Box — 300 W North St, Jackson, MI 49202
  • Yogi's Beer Co — 730 Lansing Ave, Jackson, MI 49202
  • Oak Tree Lounge — 617 Oak St, Jackson, MI 49201
  • Robin's Roost — 608 N W Ave, Jackson, MI 49202
  • Music Box — 300 W North St, Jackson, MI 49202

FAQs

What type of property is this?
Bar & Pub - Turnkey business with live performance potential and living quarters.
Where is this bar & pub located?
The property is located at 300 W North Street Jackson, MI.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Turnkey business opportunity with established entertainment venue.; Includes a spacious stage and top‑notch sound system.; Features a horseshoe bar with updated POS system and premises cameras.
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