Property profile

4135 Michigan Ave Jackson, MI 49202

OFF-MARKET
Drive through restaurants
Property ID
US43-1559334
1,368 SF 0.37 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity encompasses a thriving, family-owned pizza restaurant and its accompanying real estate. Located at 4135 W Michigan Ave in Jackson, Michigan, this 1,200 square foot, single-story building sits on a 0.37-acre lot and boasts 10 parking spaces. Built in 1980, the property is zoned 210-Commercial and offers significant potential. The restaurant has enjoyed 33 years of success, providing a strong foundation for continued operation or a fresh start for a new business. Detailed sales figures are available upon request with a signed confidentiality agreement. The asking price for both the business and the real estate is $235,000, representing a price per square foot of $195.83. The property's prime location on West Michigan Avenue ensures high visibility and significant traffic, making it ideal for a variety of commercial uses. The property's APN is 000-08-31-403-003-02. This is a rare chance to acquire a well-established business with excellent growth potential in a desirable location.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 1,368 SF
Lot 0.37 ac (16,117 SF)
Zoning code C-3
APN 000-08-31-403-003-02
UPID US43-1559334

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

Location

4135 Michigan Ave Jackson, MI 49202-1830
Jackson metro Census 5502 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$340k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2015
Price N/A
2015
Price N/A

Zoning & alternative use

C-3 · Jackson, MI
Zoning description

Sec. 28-44. - C-3 central commercial district. The central commercial district represents the focal point of the city's commercial, office and civic activity. It is designed to provide retailing, personal services, parki…

General category COMMERCIAL

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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