Search
Shopping Center with Restaurant Basement
For Sale
$3,300,000
Pending

1583 Capital Avenue NE, Battle Creek, MI 49017

Commercial Sale, Battle Creek, MI

Property Size42,837 SF
Lot Size3.42 Acres
Days on Market509

Property Features for 1583 Capital Avenue NE

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description GC-Commercial
Bathrooms 14
Full bathrooms 14
Rooms Bathroom 5, Bathroom 7, Bathroom 6, Bathroom 13, Basement, Bathroom 4, Bathroom 3, Bathroom 9, Bathroom 10, Bathroom 14, Bathroom 12, Bathroom 8, Bathroom 2, Bathroom 1, Bathroom 11
Interior features Broadband
Elementary school district Pennfield
Middle school district Pennfield
High school district Pennfield
Directions Capital Ave NE to subject on the West side of the road.
Subdivision Battle Creek - B
Standard status Pending
APN 18-032-100-00
Size 42,837 SF
Lot size 3.42 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description On File
Tax Annual Amount 20000
Legal Description On File

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1986
Number of units 11
Building materials Block, Stucco
Roof type Rubber, Metal
Listing Agency: Cherney Realty Advisors
Listed By: Charles Cherney · License #6502109268
Added: May 5, 2025 Changed: Sep 16 Last Checked: Sep 25 at 12:06PM
MLS# 25019837

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property comprises the southerly 42,837 square feet of a 93,855-square-foot shopping center on 3.42 acres. Built in 1986, the center includes block and stucco construction, central air, forced-air heating, rubber and metal roofing, and cable availability. A 3,700-square-foot restaurant unit is supported by a 2,500-square-foot basement with two restrooms.

The shopping center fronts M-66, where traffic is reported at over 15,000 vehicles per day. Occupants include Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli, along with other tenants. The property is adjacent to a 250+ unit apartment complex and near the Bailey Park sports complex.

Key Highlights

  • 42,837 SF portion of a 93,855 SF shopping center
  • 3.42‑acre property on M‑66 / Capital Avenue NE
  • Over 15,000 VPD on M‑66

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Pawfect impressions (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 27% Groceries 18% Home Improvements & Furnishings 5%
McDonald's Dining
25,926 visits/mo 0.3 miles
Family Fare Groceries
23,556 visits/mo 0.2 miles
Shell Shops & Services
18,680 visits/mo 0.1 miles
Taco Bell Dining
12,625 visits/mo 0.2 miles
Wendy's Dining
10,332 visits/mo 0.2 miles

Demographics for 49017, MI

21,377
Population
9,701
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
56.8 sq mi
ZIP Area
376
Density / Sq Mi
$58,500
Median Household Income
$40,386
Median Earnings
$946
Median Rent
$134,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center includes a restaurant unit with additional basement space and multiple established occupants.
Where is this shopping center located?
The property is located at 1583 Capital Avenue NE Battle Creek, MI.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 42,837 SF portion of a 93,855 SF shopping center; 3.42‑acre property on M‑66 / Capital Avenue NE; Over 15,000 VPD on M‑66
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message