Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Turn key restaurants

    145 Pearl St, Jackson, MI 49201-1310

    1,980 SF 0.04 ac lot
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US43-1567697
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a well-established bar and restaurant located at 145 W Pearl Street in the heart of Downtown Jackson, Michigan. Priced at $375,000, this special purpose property boasts a prime 0.05-acre lot and includes all equipment, fixtures, and a valuable liquor license. The Nite Lite is renowned for its delicious food and inviting atmosphere, serving lunch and dinner to a loyal clientele. The business benefits from an established menu and a strong customer base, ensuring a smooth transition for the new owner. Outdoor seating is available during the summer months, adding to the appeal and expanding the seating capacity. This turnkey operation requires minimal setup and allows for immediate revenue generation. The sale includes everything needed to continue the successful operation of this popular Jackson establishment, making it an attractive investment for experienced restaurateurs or those seeking a profitable venture in a vibrant downtown location. The property is situated in Jackson County, Michigan, with the zip code 49201. This is a rare opportunity to own a thriving business in a desirable location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 1,980 SF
    Lot 0.04 ac (1,960 SF)
    Zoning code C-3
    APN 1-003400000
    UPID US43-1567697
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Flex Foods Nutritious Meals Restaurant
    • Nite Lite Bar & Pub Restaurant
    • bar Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Islas Nite Lite LLC · 7 yrs held
    Islas Nite Lite LLC
    since 2019
    7 recorded transactions
    2022
    2019
    2019
    $160,000
    2006
    $70,000
    2006
    2006
    $60,000
    1969
    Zoning & alternative use
    C-3 · Jackson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 145 Pearl St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message