Retail Suite in Shopping
For Sale
$3,300,000
Pending
1583 Capital Avenue NE, Battle Creek, MI 49017
COMMERCIAL - Battle Creek, MI
Property Size42,837 SF
Lot Size3.42 Acres
Days on Market454
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 8, Bathroom 2, Bathroom 13, Bathroom 3, Bathroom 11, Bathroom 12, Bathroom 10, Bathroom 4, Bathroom 1, Basement, Bathroom 14, Bathroom 9, Bathroom 7, Bathroom 6
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
(269) 962-1047
Listed By:
Charles Cherney · License #6502109268
(269) 420-1347
Added: May 5, 2025
Changed: Jul 25
Last Checked: Aug 1 at 1:06AM
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.
This offering represents the S'ly 42,837 SF of a 93,855 SF shopping center known as Capital Square / Pennfield Plaza. The property sits off M-66 / Capital Avenue NE, with reported over 15,000 VPD on M-66. The center is anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, McGonigle's Deli, and other tenants.
The shopping center is adjacent to a 250+ unit apartment complex and is very close to the Bailey Park sports complex. In addition, the listing notes a 2,500 SF basement with two restrooms located under a 3,700 SF restaurant unit.
The purchase opportunity provides a defined portion of an operating retail center with established tenants and multiple lease renewals reported for many of the occupants.
The shopping center is adjacent to a 250+ unit apartment complex and is very close to the Bailey Park sports complex. In addition, the listing notes a 2,500 SF basement with two restrooms located under a 3,700 SF restaurant unit.
The purchase opportunity provides a defined portion of an operating retail center with established tenants and multiple lease renewals reported for many of the occupants.
Key Highlights
- Anchored shopping center with established tenants including Family Fare, ACE Hardware, and Dollar Tree.
- High traffic volume: Over 15,000 vehicles per day on M‑66.
- Many tenants have repeatedly renewed leases, indicating stability.
Property Analytics
Property Profile
Current Use
Lease Details
15,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 30%
Hotels & Casinos 6%
BP
Shops & Services
7,360 visits/mo
0.4 miles
Jimmy John's
Dining
3,003 visits/mo
0.1 miles
MyEyeDr.
Shops & Services
1,811 visits/mo
0.4 miles
Schlotzsky's
Dining
1,584 visits/mo
0.0 miles
Baymont By Wyndham Battle Creek Downtown
Hotels & Casinos
935 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Available as the S'ly 42,837 SF portion of a 93,855 SF shopping center anchored by major national and local tenants.
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: Anchored shopping center with established tenants including Family Fare, ACE Hardware, and Dollar Tree.; High traffic volume: Over 15,000 vehicles per day on M‑66.; Many tenants have repeatedly renewed leases, indicating stability.
