232 Prospect St Jackson, MI 49203-4168

Property Details for 232 Prospect St

Lot size

0.14 lot acres

Property size

560 SF

Zone code

I-1

Property type

Office buildings

APN

4-186500000

APU

4186500000

Description

This prime commercial property at 232 W Prospect Street in Jackson, MI, presents a unique investment opportunity. The main retail unit, totaling 1,208 square feet, boasts a desirable layout perfect for a variety of businesses. It includes two executive offices, a reception area with a counter, a half bath, and substantial storage space. A second unit, also with two private offices and dual entrances, adds versatility and potential for expansion or separate leasing. Both units share access to secure fenced parking accommodating eight or more vehicles. Adding to the property's income potential is a separate, rented residential unit. This two-bedroom, one-bathroom home generates a consistent monthly rental income of $750. The property sits on a 0.28-acre lot in a high-traffic area, surrounded by complementary retail and dining establishments, ensuring excellent visibility and foot traffic. The asking price for this exceptional commercial property is $169,900. This combination of commercial and residential income streams makes it an attractive investment opportunity for discerning buyers seeking strong returns and a stable income stream. The property's location and features make it an ideal choice for entrepreneurs and investors alike.

Location Insight

City

Jackson

County

Jackson

State

Michigan

Longitude

-84.4106

Latitude

42.2276

CBSA code

27100

CBSA name

JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments