Battle Creek Restaurant and
For Sale
$450,000
883 North Avenue, Battle Creek, MI 49017
COMMERCIAL - Battle Creek, MI
Property Size3,690 SF
Lot Size0.62 Acres
Price / SF$121.95
Days on Market276
Property Features for 883 North Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
Battle Creek
Middle school district
Battle Creek
High school district
Battle Creek
Directions
North on North Ave, just north of Coolidge Ave but South of 0 Dr N
Subdivision
Battle Creek - B
Standard status
Active
APN
04-400-001-00
Size
3,690 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DIST:04 BEDFORD TWP. ORCHARD PARK NO.2 LOT 1 EXC S'LY 150 FT OF E'LY 170 FT ALSO EXC N 40 FT THEREOF
Tax Annual Amount
5634
Legal Description
DIST:04 BEDFORD TWP. ORCHARD PARK NO.2 LOT 1 EXC S'LY 150 FT OF E'LY 170 FT ALSO EXC N 40 FT THEREOF
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1960
Number of units
1
Listing Agency:
1st Advantage Realty
(616) 534-4480
Listed By:
Rene Guzman · License #6501383944
(616) 260-8670
Added: Oct 28, 2025
Changed: Apr 15
Last Checked: Jul 30 at 8:06PM
MLS# 25055259
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.
Located in Battle Creek, MI, this turnkey business opportunity features a fully functioning restaurant with a thriving dining operation on the main level. The property includes a Liquor C License and a versatile lower-level lounge, suitable for nightclub events and private parties. The sale includes the complete restaurant setup, all equipment and furniture, and the real estate itself. The property offers the potential to build on its proven success, maintain the nightlife energy, or transform the lounge into an elegant banquet hall or event space. The restaurant and lounge is primed for its next innovative owner. The property size is 3690 square feet and the lot size is 0.62 acres.
Key Highlights
- Turnkey restaurant and lounge business opportunity, including real estate.
- Active Liquor C License included.
- Fully equipped and functioning restaurant on the main level.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.1k | $15.48 |
| − Vacancy | −$2.4k | −$0.65 |
| EGI | $54.7k | $14.83 |
| − OpEx | −$13.7k | −$3.71 |
| NOI | $41.0k | $11.12 |
3,690 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$586.3K
$513.0K – $684.0K
NOI $41,042 @ 7.0% cap · market cap 9.12%
Second Best
Retail
$547.2K
$478.8K – $638.4K
NOI $38,305 @ 7.0% cap · market cap 8.51%
Theoretical Best
Healthcare Medical
$43.77M
$38.30M – $51.07M
NOI $3,064,047 @ 7.0% cap · market cap 680.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,390 visits/mo
0.5 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
Properties on Market for Restaurants in Battle Creek
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Restaurant - Turnkey restaurant and lounge in Battle Creek, Michigan for sale.
Where is this restaurant located?
The property is located at 883 North Avenue Battle Creek, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey restaurant and lounge business opportunity, including real estate.; Active Liquor C License included.; Fully equipped and functioning restaurant on the main level.
