Established Restaurant with
For Sale
$225,000
916 North Ave, Battle Creek, MI 49017
Compact commercial layout accommodates takeout, dine-in, and drive-through service.
Property Size1,316 SF
Price / SF$170.97
Days on Market50
Property Features for 916 North Ave
General Information
Standard status
Active
Size
1,316 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1980
Listing Agency:
eXp Realty LLC
Listed By:
Karen D Elmore-Woods
(269) 209-1871
Source:
Katie-k
Added: Sep 1
Changed: Oct 6
Last Checked: Oct 7 at 4:02PM
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
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Investment Insights
Based on property information with market context.
The Drumstick is a restaurant property and operating concept at 916 North Ave in Battle Creek, Michigan. Built in 1980, the 1,316-square-foot facility has a compact configuration suited to takeout, dine-in, and drive-through service, with on-site parking for customers.
The restaurant has operated at this location for more than 40 years and offers a menu centered on fried chicken, fish, barbecue ribs, and traditional side dishes. The sale presents an opportunity to continue the existing concept and goodwill or adapt the site for a different restaurant operation. Its North Avenue location provides direct street access within Battle Creek.
The restaurant has operated at this location for more than 40 years and offers a menu centered on fried chicken, fish, barbecue ribs, and traditional side dishes. The sale presents an opportunity to continue the existing concept and goodwill or adapt the site for a different restaurant operation. Its North Avenue location provides direct street access within Battle Creek.
Key Highlights
- 1,316‑square‑foot restaurant building constructed in 1980
- Operating restaurant concept with more than 40 years at the location
- Layout supports takeout, dine‑in, and drive‑through service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,637
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,740
$292.7K
Cap Rate 7%
$209,100
$209.1K
Cap Rate 9%
$162,633
$162.6K
Market Conditions
NOI Build-Up for 1,316 SF
Gross rent
$20.4K $15.48/SF
− Vacancy
−$856 −$0.65/SF
EGI
$19.5K $14.83/SF
− OpEx
−$4.9K −$3.71/SF
NOI
$14.6K $11.12/SF
Area
Calhoun County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,740
Cap Rate 7%
$209,100
Cap Rate 9%
$162,633
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
2,370 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Compact commercial layout accommodates takeout, dine-in, and drive-through service.
Where is this conventional restaurant located?
The property is located at 916 North Ave 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: 1,316‑square‑foot restaurant building constructed in 1980; Operating restaurant concept with more than 40 years at the location; Layout supports takeout, dine‑in, and drive‑through service
