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221 W Prospect Street Jackson, MI $ 695,000
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$ 695,000 Get more info
221 W Prospect Street
$ 695,000
Back to search
Share Save

221 W Prospect Street

Jackson, MI, 49203
$ 695,000
Bedrooms-- Baths2.0 Sq 2,544

Monthly Estimate*

$ 4,800

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Commercial Property for sale in Jackson, MI

for $695,000 with 2 full baths. This 2,544 square foot building was built in 1983 on a lot size of 0.57.

Busy restaurant location in a highly established submarket south of downtown Jackson and north of lively Ella Sharp Park accentuated by a handy drive through window. Located near McDonalds, Pizza Hut and Parkside Junior High with daily traffic counts of up to 8,959 vehicles . Across the street from the popular linear park and Falling Waters Trail. This attractive and extremely visible 2,544 square foot building sits on a corner lot for easy access. Modern efficient fully equipped kitchen is ready to go. Ample indoor seating for your guests. Large parking lot has been completely rebuilt with clean concrete surfaces. Turn key operation that is ready for sales. Call us today about this exceptional food services/drive through business opportunity immersed in a bustling district showcasing strong residential, commercial, parks and downtown perks.

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Commercial Active

Price

$ 695,000

Full Bath

2

Property Type

Commercial

Taxes

$ 6,142

Style

BusinessandRealEstate

Lot Size

0.57

Year Built

1983

Town/City

Jackson

County/Region

Jackson

MLS | Web ID

55026051616
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected
Possession Negotiable
Roof Composition
Construction Materials Block Other Stucco WoodSiding
Year Built 1983
Property Subtype BusinessandRealEstate
Tax Year 2025
Ownership Proprietorship
County Jackson
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
City JacksonCity_Jackson
Disclosures NonConformingZoning
Senior Community Y/N N
High School District Jackson
Zoning Description Other
Number Of Units Total 1
MLS Area Area12132Jackson
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6142.93
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 89584
Ownership Type SoleProprietor
Legal Description LOTS 1 2 22 AND 23 BLK 16 PROSPECT ADD
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Exterior
Parking Features Paved
Water Source Public
Lot Size Area 24829.0
Foundation Details None Slab
Number of Buildings 1
Spa N
Building Area Total 2544.0
Lot Dimensions 218 x 105
Lot Size Acres 0.57
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 2
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Internal Only
Street Number 1 221
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* Excluded Features
List By
PHILLIP M MORGAN

Listing Agent

Era Reardon Realty, L.L.C.

Broker

(517) 204-4385

Phone

Affordability Calculator

$5,312
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,800
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848154 Elementary School
848401 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$695,000 Listed Price

Map

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221 W Prospect Street, Jackson, MI, 49203 is a Commercial Property for sale at $695,000 with 2,544 sqft and a lot size of 0.57. 221 W Prospect Street has 2.0 baths and was built in 1983. The property's zip code is 49203 which is in Jackson, MI

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