Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2191 Columbia Ave Battle Creek, MI 49015

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Battle Creek, MI: 499 SF Retail Space

    Lot size:
    499 SF

    Property Features for 2191 Columbia Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    499 SF

    Spaces For Lease

    at 2191 Columbia Ave, Battle Creek, MI 49015 Contact us

    We can help!

    Listing Contact
    Kevin Marschall
    Kevin Marschall

    Listing Agency: InStore Commercial Real Estate Listing Agent: Kevin Marschall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail opportunity is located inside a high-traffic Meijer store in Battle Creek, Michigan. The 499 square foot space offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including a strategic placement for maximum customer interaction and exposure. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. Branding opportunities include both interior and exterior signage. The property is situated in a thriving trade area with a desirable customer base in Calhoun County, at 2191 Columbia Ave. West, Battle Creek, MI 49015. This location is ideal for various businesses, such as financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The space is currently vacant and ready for immediate occupancy. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coachlight Clippers Barber Shop Primo Water Refill ... Big Box & Wholesale Store CVS Pharmacy Pharmacy Meijer Bakery Bakery Meijer Deli Food Market

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.235362043461
    Latitude
    42.295122945361

    Nearby Similar for Lease

    • $20 SF/Yr
      10,412 SF

      Turnkey Ambulatory Surgery Center Available

      Turnkey Ambulatory Surgery Center available for lease in Battle Creek.
      3770 SW Capital Ave, Battle Creek, MI 49015
      View Details
    • $20 SF/Yr
      7,026 SF

      Turnkey Ambulatory Surgery Center Available

      Turnkey surgery center and medical office space for lease.
      3770 SW Capital Ave Unit, Battle Creek, MI 49015
      View Details
    • $2,675 /Mo
      Pending

      Modern Office Space in Battle Creek

      Modern office space in Lakeview district with ample parking.
      15164 S Helmer Rd, Battle Creek, MI 49015
      View Details
    • $18 SF/Yr
      3,611 SF

      Medical Suite in Battle Creek

      2994 SF medical suite with multiple exam and private offices.
      2845 Capital Ave SW, Battle Creek, MI 49015
      View Details
    • New
      $10 SF/Yr
      3,748 SF

      Lakeview Retail/Office/Warehouse Space Available

      3,748 SF retail/office/warehouse space in the heart of Lakeview.
      79 S 20Th St, Battle Creek, MI 49015
      View Details
    • $5 SF/Yr
      13,128 SF

      Battle Creek Industrial Warehouse For Rent

      One-story industrial warehouse with office space available for lease.
      103 Grove St, Battle Creek, MI 49037
      View Details
    • $12 SF/Yr
      4,024 SF

      Downtown Battle Creek Office Suite

      Move-in ready office space in downtown Battle Creek available for lease.
      77 E Michigan Ave Unit, Battle Creek, MI 49015
      View Details
    • $11 SF/Yr
      1,632 SF

      Battle Creek Office Building For Rent

      Turn-key office building in Lakeview with high visibility.
      141 W Territorial Rd, Battle Creek, MI 49015
      View Details
    • $3,500 /Mo
      3,257 SF

      Battle Creek Office Space Available

      Well-maintained office space near I-94 interchange in Battle Creek.
      14250 Beadle Lake Rd, Battle Creek, MI 49014
      View Details
    • $18 SF/Yr
      1,873 SF

      Medical Suite in Health Park

      Main floor medical suite in well-maintained Battle Creek building.
      2845 Capital Ave SW, Battle Creek, MI 49015
      View Details
    • $20 SF/Yr
      3,386 SF

      Battle Creek Medical Office Space

      Turnkey medical office space in Battle Creek, close to I-94.
      3770 SW Capital Ave Unit, Battle Creek, MI 49015
      View Details
    • $13 SF/Yr
      3,250 SF

      Battle Creek Office Suites Available

      Office suites for lease in thriving business center.
      4625 B Dr, Battle Creek, MI 49015
      View Details

    FAQs

    What type of property is this?
    Retail property - Battle Creek, MI: 499 SF Retail Space
    Where is this retail property located?
    The property is located at 2191 Columbia Ave Battle Creek, MI.
    What are key features of this property?
    This property features: High-traffic, highly visible 499 SF retail space in a Battle Creek, MI Meijer store.; Access to thousands of weekly customers due to prime, front-of-store location.; All-inclusive monthly rent covers real estate taxes, insurance, CAM, and utilities.
    Request Owner's contact information
    2191 Columbia Ave Battle Creek, MI 49015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2191 Columbia Ave
    Battle Creek, MI 49015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2191 Columbia Ave Battle Creek, MI 49015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Marschall
    Kevin Marschall
    Real Estate License ID: 471022479
    Learn more
    Google sign-in failed. Please try again or use another login method.