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    High-Traffic Retail Investment Opportunity Title is generated by Realmo AI

    720 Capital Ave SW, Battle Creek, MI 49015

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    Claim this Listing
    For Sale
    $425,000

    Leased investment property with strong tenant and high visibility.

    Type:Investment
    Property size:
    3,287 SF
    Price / SF:
    $129/SF
    Added:
    Apr 1, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 3 at 5:41 am

    Property Features for 720 Capital Ave SW

    General Information

    Standard status
    Active
    Size
    3,287 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1952

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    Listing Contact
    Derek Wissner

    Listing agent Derek Wissner License #6506048809

    Listing office Callander Commercial

    Listing date Apr 1, 2026

    Source Cpix.resimplifi

    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 Callander Commercial

    HighLights

    • Immediate and stable income from established tenant (Stewart Title d/b/a Devon Title).
    • High‑traffic location on Capital Avenue with excellent visibility.
    • Updated mechanical systems ensuring long‑term reliability and reduced capital needs.
    • Low‑maintenance asset ideal for investors.
    • Convenient access.
    • Strong commercial corridor.

    Overview

    This investment property is located on high-traffic Capital Avenue, offering excellent visibility and convenient access. The property is leased to Stewart Title d/b/a Devon Title, providing immediate and stable income. The building encompasses 3287 square feet and features updated mechanical systems, supporting long-term reliability and reduced capital needs. This well-maintained property is ideal for investors seeking a low-maintenance asset in a strong commercial corridor.

    Local Financial Insights For 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 $50.9k $15.48
    − Vacancy −$2.1k −$0.65
    EGI $48.7k $14.83
    − OpEx −$14.6k −$4.45
    NOI $34.1k $10.38
    3,287 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $487.5K
    $426.5K – $568.7K (±1% cap)
    NOI $34,122 @ 7.0% cap · market cap 8.03%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $38.99M
    $34.12M – $45.49M (±1% cap)
    NOI $2,729,410 @ 7.0% cap · market cap 642.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Devon title Title Company Devon Title Agency Title Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.156371
    Latitude
    42.327944

    FAQs

    What type of property is this?
    Retail space - Leased investment property with strong tenant and high visibility.
    Where is this retail space located?
    The property is located at 720 Capital Ave SW Battle Creek, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Immediate and stable income from established tenant (Stewart Title d/b/a Devon Title).; High‑traffic location on Capital Avenue with **excellent visibility**.; Updated mechanical systems ensuring long‑term reliability and reduced capital needs.
    More about this property
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