Professional Office and Retail
5884 Morgan Rd Battle Creek, MI 49037
For Sale
$250,000
Updated commercial space with recessed lighting, a versatile layout, and ample parking.
Property Size1,344 SF
Price / SF$186.01
Days on Market89
Property Features for 5884 Morgan Rd
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency:
Berkshire Hathaway HomeServices Michigan Real Estate
(269) 565-3311
Listed By:
William Coats · License #6506040497
(269) 565-3311
Source:
Elliman
Added: Apr 27
Changed: Jul 23
Last Checked: Jul 23 at 4:58PM
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 Berkshire Hathaway HomeServices Michigan Real Estate
Investment Insights
Based on property information with market context.
This professionally finished commercial space offers a versatile layout with tasteful new finishes and recessed lighting throughout. The property has been updated and is presented for office or retail use, with a total area of 1,344 square feet. The exterior is designed for low maintenance, supporting an efficient day-to-day operation.
Located at 5884 Morgan Rd in Bedford Charter Township, the property is served by ample parking. Walkability and bikeability are limited, with BikeScore of 30 (Somewhat Bikeable) and WalkScore of 30 (Car-Dependent), which can align well with a drive-to customer or staff model.
Overall, this is a turnkey, updated commercial suite suitable for an operator looking for a flexible interior configuration and straightforward exterior upkeep.
Located at 5884 Morgan Rd in Bedford Charter Township, the property is served by ample parking. Walkability and bikeability are limited, with BikeScore of 30 (Somewhat Bikeable) and WalkScore of 30 (Car-Dependent), which can align well with a drive-to customer or staff model.
Overall, this is a turnkey, updated commercial suite suitable for an operator looking for a flexible interior configuration and straightforward exterior upkeep.
Key Highlights
- 1960‑built commercial space (1,344 SF) with a versatile layout for office or retail use
- Updated interior finishes throughout, including recessed lighting
- Ample parking on‑site
Financial Insights For Office B
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 | $22.9k | $17.04 |
| − Vacancy | −$3.2k | −$2.35 |
| EGI | $19.7k | $14.69 |
| − OpEx | −$4.9k | −$3.67 |
| NOI | $14.8k | $11.02 |
1,344 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$211.5K
$185.1K – $246.8K
NOI $14,806 @ 7.0% cap · market cap 5.92%
Second Best
Retail
$199.3K
$174.4K – $232.5K
NOI $13,952 @ 7.0% cap · market cap 5.58%
Theoretical Best
Healthcare Medical
$15.94M
$13.95M – $18.60M
NOI $1,116,011 @ 7.0% cap · market cap 446.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bedford Township Fire ...
Fire Station
John Smith Accounting ...
Accounting Firm
Draime Lindsay B
Financial Advisor
FAQs
What type of property is this?
Office units - Updated commercial space with recessed lighting, a versatile layout, and ample parking.
Where is this office units located?
The property is located at 5884 Morgan Rd Battle Creek, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1960‑built commercial space (1,344 SF) with a versatile layout for office or retail use; Updated interior finishes throughout, including recessed lighting; Ample parking on‑site