Established Restaurant Opportunity in Battle
For Sale
$225,000
916 North Avenue, Battle Creek, MI 49017
COMMERCIAL - Battle Creek, MI
Property Size1,316 SF
Lot Size0.52 Acres
Price / SF$170.97
Days on Market93
Property Features for 916 North Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
10
Elementary school district
Pennfield
Middle school district
Pennfield
High school district
Pennfield
Directions
Morgan Road to North Ave- turn south onto North Ave. Use GPS
Standard status
Active
APN
18-880-004-10
Size
1,316 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PENNFIELD CHARTER TOWNSHIP T1S R7W SECTION 30 NORTH PARK, THE W 150 FT OF LOT 5, ALSO: THE W 150 FT OF N 15 FT OF LOT 4
Tax Annual Amount
2319
Legal Description
PENNFIELD CHARTER TOWNSHIP T1S R7W SECTION 30 NORTH PARK, THE W 150 FT OF LOT 5, ALSO: THE W 150 FT OF N 15 FT OF LOT 4
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s)
Building Details
Year built
1980
Number of units
1
Building materials
Wood Siding, Brick
Listing Agency:
eXp Realty LLC
(269) 600-4397
Listed By:
Karen D Elmore-Woods
(269) 209-1871
Added: May 1
Last Checked: Aug 1 at 5:06AM
MLS# 26019148
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a turnkey opportunity to acquire a long-established restaurant in Battle Creek, Michigan. The restaurant, known for its fried chicken and comfort food menu, has been a community staple for over 40 years and enjoys a loyal customer base. The property is situated on North Avenue, offering high visibility, easy access, and on-site parking. The layout is compact and efficient, suitable for takeout, dine-in, or drive-thru service. The business has a strong repeat clientele and a reputation for quality and fast service. The menu includes chicken, fish, and bar-b-q ribs, with sides such as collard greens and potato salad. Chitterlings are offered on special occasions. The property, with a size of 1316 square feet and a lot size of 0.52 acres, presents a chance to acquire a proven restaurant concept or implement a new vision in a well-positioned commercial site. It is located in Battle Creek, Calhoun County, Michigan, with the postal code 49017. This opportunity is suitable for owner-operators, investors, or restaurateurs seeking entry into the Battle Creek market.
Key Highlights
- Long‑established restaurant (40+ years) with a loyal customer base and proven concept.
- High‑visibility location on North Avenue with excellent exposure, easy access, and on‑site parking.
- Turnkey opportunity with a compact, efficient layout suitable for takeout, dine‑in, or drive‑thru.
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
Property Profile
Current Use
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 with loyal customer base in high-visibility location.
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: Long‑established restaurant (40+ years) with a loyal customer base and proven concept.; High‑visibility location on North Avenue with excellent exposure, easy access, and on‑site parking.; Turnkey opportunity with a compact, efficient layout suitable for takeout, dine‑in, or drive‑thru.