Turnkey Drive-Through
For Sale
$225,000
916 North Avenue, Battle Creek, MI 49017
Turnkey restaurant offering fried chicken and comfort food, with drive-through service and on-site parking.
Days on Market92
Property Features for 916 North Avenue
General Information
Standard status
Active
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Building Size
1,316 SF
Year Built
1980
Listing Agency:
eXp Realty LLC
(269) 209-1871
Listed By:
Karen D Elmore-Woods
(269) 209-1871
Source:
Phgrealty
Added: May 1
Changed: Jul 27
Last Checked: Jul 31 at 12:58PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This turnkey restaurant opportunity is positioned as a long-established, locally recognized business with more than 40 years of operation. The menu is described to feature fried chicken and comfort food, including chicken, fish, bar-b-q ribs, and sides such as collard greens and potato salad, with special occasions including chitterlings. The property is presented with a compact, efficient layout designed to support takeout, dine-in, or drive-through service.
Located on North Avenue in Battle Creek, the site is described as high-visibility with easy access and convenient on-site parking. The offering is also presented as an established restaurant concept with long-standing community goodwill, with the option for an owner-operator or investor to continue the business or bring a new vision to the location.
Located on North Avenue in Battle Creek, the site is described as high-visibility with easy access and convenient on-site parking. The offering is also presented as an established restaurant concept with long-standing community goodwill, with the option for an owner-operator or investor to continue the business or bring a new vision to the location.
Key Highlights
- Restaurant with Year Built 1980
- Locally established restaurant on North Avenue with over 40 years of operation
- Menu includes fried chicken and comfort food, plus chicken, fish, bar‑b‑q ribs, and sides such as collard greens and potato salad
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 | $20.4k | $15.48 |
| − Vacancy | −$856 | −$0.65 |
| EGI | $19.5k | $14.83 |
| − OpEx | −$4.9k | −$3.71 |
| NOI | $14.6k | $11.12 |
1,316 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$209.1K
$183.0K – $244.0K
NOI $14,637 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$15.61M
$13.66M – $18.21M
NOI $1,092,760 @ 7.0% cap · market cap 485.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 43%
Groceries 10%
Burger King
Dining
10,024 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,685 visits/mo
0.3 miles
Arby's
Dining
7,556 visits/mo
0.3 miles
Dollar General
Shops & Services
7,390 visits/mo
0.2 miles
Save-A-Lot
Groceries
4,205 visits/mo
0.4 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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant offering fried chicken and comfort food, with drive-through service and on-site parking.
Where is this conventional restaurant located?
The property is located at 916 North Avenue Battle Creek, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Restaurant with Year Built 1980; Locally established restaurant on North Avenue with over 40 years of operation; Menu includes fried chicken and comfort food, plus chicken, fish, bar‑b‑q ribs, and sides such as collard greens and potato salad
