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    1583 Capital Ave NE Battle Creek, MI 49017

    Pending
    For Sale
    $3,300,000

    SINGLE_FAMILY - Battle Creek, MI

    Type:Retail
    Property size:
    42,837 SF
    Lot size:
    3.42 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 1583 Capital Ave NE

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Pending
    Rooms
    Bathroom 3, Bathroom 6, Bathroom 13, Bathroom 10, Bathroom 7, Bathroom 1, Bathroom 4, Bathroom 14, Bathroom 8, Bathroom 5, Bathroom 11, Bathroom 9, Bathroom 12, Basement, Bathroom 2
    Bathrooms
    14
    APN
    18-032-100-00
    Interior features
    Broadband
    Size
    42,837 SF
    Lot size
    3.42 Acres

    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
    Metal, Rubber

    Cherney Realty Advisors (269) 962-1047

    Listing agent Charles Cherney (269) 420-1347

    Listing date Aug 4, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Battle Creek Shopping Center For Sale

    This property comprises the southern 42,837 square feet of a 93,855 square foot shopping center known as Capital Square/Pennfield Plaza, situated on M-66/Capital Avenue NE. The location benefits from traffic exceeding 15,000 vehicles per day on M-66. Anchored by tenants such as Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli, the center features tenants with multiple lease renewals and strong regional presence. The property is located adjacent to an apartment complex with over 250 units and is in close proximity to the Bailey Park sports complex. A 2,500 square foot basement with two restrooms is located beneath the 3,700 square foot restaurant unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pawfect impressions Pet Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    BC Cargo Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.155413
    Latitude
    42.344846

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    FAQs

    What type of property is this?
    Shopping center - 42,837 SF shopping center on Capital Avenue NE, Battle Creek.
    Where is this shopping center located?
    The property is located at 1583 Capital Ave 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.
    (269) 420-1347
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1583 Capital Ave NE Battle Creek, MI 49017
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