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    Former Pizza Parlor For Sale Title is generated by Realmo AI

    3301 Michigan Ave W, Battle Creek, MI 49037

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    Claim this Listing
    For Sale
    $475,000

    Restaurant property with high visibility and ample parking available for sale.

    Property size:
    3,000 SF
    Lot size:
    1.56 Acres
    Price / SF:
    $158/SF
    Added:
    Nov 3, 2025
    Days on Market:
    219
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 3301 Michigan Ave W

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    1.56 Acres

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    Listing Contact
    Chip B Spranger
    Chip B Spranger

    Listing agent Chip B Spranger License #6506040636

    Listing office RE/MAX Perrett Associates

    Listing date Nov 3, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Perrett Associates

    HighLights

    • High‑visibility location with great road frontage.
    • Large parking capacity with space for over 50 cars.
    • Sizeable building with almost 3,000 sqft of space.
    • Close proximity to Urbandale, Augusta, and Richland.
    • Suitable for relocating an existing business or starting a new one.
    • Formerly a well‑known pizza parlor.

    Overview

    This property, formerly a pizza parlor, offers significant road frontage and proximity to Urbandale, Augusta, and Richland. The building provides almost 3,000 square feet of space and parking for over 50 vehicles. It is suitable for relocating an existing business or starting a new one, and is currently for sale.

    Local 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 $46.4k $15.48
    − Vacancy −$2.0k −$0.65
    EGI $44.5k $14.83
    − OpEx −$11.1k −$3.71
    NOI $33.4k $11.12
    3,000 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $476.7K
    $417.1K – $556.1K (±1% cap)
    NOI $33,367 @ 7.0% cap · market cap 7.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $35.59M
    $31.14M – $41.52M (±1% cap)
    NOI $2,491,095 @ 7.0% cap · market cap 524.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Daycare Center Grocery & Convenience Store Electrical Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.2747
    Latitude
    42.3586

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant property with high visibility and ample parking available for sale.
    Where is this conventional restaurant located?
    The property is located at 3301 Michigan Ave W Battle Creek, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: High‑visibility location with great road frontage.; Large parking capacity with space for over 50 cars.; Sizeable building with almost 3,000 sqft of space.
    More about this property
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