Property Attributes
- MLS#23011180
- TypeCommercial
- CountyCALHOUN
- CityBattle Creek
- AreaBattle Creek City
- NeighborhoodBattle Creek City
- Zip49015
- StyleOffice
- Year Built1950
- Taxes$ 17002
- Price$ 549,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Lot Size0.39 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Investment property with a ton of upside available for sale in desirable Battle Creek location along 20th Street, near Columbia Avenue. Credit tenant base (State Farm Insurance, Chicago Title, MEA, Edward Jones) with two vacant units offering upside for a buyer. Priced at an 11.5% cap rate on 2024 income, which includes 18.6% vacancy projection. Please contact agent for a confidentiality agreement to view financials and rent roll.
Price History | |
---|---|
4/14/2023 | Listed $549,000 |
General Features
Sewer | Public Sewer |
---|---|
Cooling | Central Air |
Utilities | Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Phone Connected,Natural Gas Connected,Electric Connected |
Year Built | 1950 |
Tenant Pays | Electricity,Gas,Janitorial Service,Sewer,Trash Collection,Water |
Township | Battle Creek City |
Property SubType | Office |
Tax Year | 2024 |
Business Type | Professional/Office,Professional Service |
County | Calhoun |
New Construction | No |
Property Type | Commercial Sale |
Attached Garage | No |
Status | Active |
Directions | Take Columbia Avenue East,turn left on 20th Street. Property is on the right at the corner of Lakeview and 20th. |
City | Battle Creek |
High School District | Battle Creek |
Zoning Description | B-1 |
Total Units | 3 |
MLS Area | Battle Creek - B |
Lot Size Square Feet | 16901.0 |
Waterfront Y/N | No |
Street Name | 20th |
Land Lease Y/N | No |
Tax Annual Amount | 17002.0 |
Lease Renewal Y/N | No |
MLS Area Minor | Battle Creek - B |
Additional Parcels Y/N | No |
Lease Considered Y/N | Yes |
Rent Control Y/N | No |
Availability Date | 2021-03-30 |
Days on Market | 395 |
Standard Status | Active |
Tax Assessed Value | 250005 |
MobileHomeRemainsYN | No |
Legal Description | On file. |
Senior Community | None |
Interior Features
Total Fireplaces | 1 |
---|---|
Total Stories | 2 |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Full Baths | 1 |
Street Suffix | Street |
Electric On Property Y/N | No |
Total Baths | 1 |
Exterior Features
Parking Features | Asphalt,Driveway |
---|---|
Water Source | Public |
Inclusions | {u'Non-Applicable': True} |
Lot Size Area | 0.39 |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 12670.0 |
Lot Dimensions | 132 x 127 |
Lot Size Acres | 0.39 |
Lot Size Units | Acres |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool