232 Prospect StJackson, MI 49203

For Sale
$169,900

High-traffic retail space with rental income.

Overview

Added:
Feb 3
Days on market:
39
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.

Property Details for 232 Prospect St

Property type
Retail properties, Other retail properties
Square Feet
1,208 SF
Year Built
1920
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2276
Longitude
-84.41058
232 Prospect St, Jackson, Michigan

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232 Prospect St
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