Property profile

323 Cooper St Jackson, MI 49201

OFF-MARKET
Turn key restaurants
Property ID
US43-1374270
5,879 SF 0.76 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a restored building originally constructed in the 1870s as a railroad warehouse, providing approximately 5,879 square feet of interior space. It was converted for restaurant use in the early 2000s, with renovations retaining historic elements including original freight doors, pulleys, exposed timber ceilings, and vintage brickwork. The building includes a fully equipped commercial kitchen with included equipment, as well as additional areas beyond the main restaurant layout consisting of office space and banquet/training rooms that could be repurposed for uses such as studios, loft-style residential space, or event space. The property is situated on a 0.9-acre lot in Jackson, Michigan.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 5,879 SF
Lot 0.76 ac (33,323 SF)
Zoning code I-2
APN 5-0305.6100
UPID US43-1374270

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

323 Cooper St Jackson, MI 49201-2343
Jackson metro Census 1200 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

I-2 · Jackson, MI
Zoning description

Sec. 28-47. - I-2 general industrial district. The general industrial district is designed to provide suitable space for industrial operations of all types and adult entertainment enterprises that can comply with all pro…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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