1382 West Michigan Ave Battle Creek, MI 49037
For Sale
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This 1,371 square foot, municipally licensed storefront in Battle Creek, Michigan, presents a turnkey opportunity for cannabis operations. Located at 1382 W Michigan Ave, this property boasts a Certificate of Occupancy, expediting the state licensing process. Situated on a high-visibility corner lot (0.211 acres), the building features custom cabinetry, five point-of-sale registers, a reception area, a private office, and two bathrooms. A comprehensive interior and exterior surveillance system is already in place. The asking price is $650,000. Seller financing is available. This location benefits from a strong demographic, serving a 5-mile radius population exceeding 88,000. The property is ready for immediate occupancy and operation, offering a streamlined transition for prospective buyers. This is a rare opportunity to acquire a fully equipped and licensed cannabis provisioning center in a prime location. The property is vacant and awaiting a new operator.
ENTIAL DISTRICT. 1240.07 R-1B SINGLE-FAMILY RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12 B-2 REGIONAL COMMERCIAL DISTRICT. 1240.13 T-3 NEIGHBORHOOD COMMERCIAL DISTRICT. 1240.14 T-4 DOWNTO…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Battle Creek, MIENTIAL DISTRICT. 1240.07 R-1B SINGLE-FAMILY RESIDENTIAL DISTRICT. 1240.08 R-2 TWO FAMILY RESIDENTIAL DISTRICT. 1240.09 R-3 MULTIPLE FAMILY RESIDENTIAL DISTRICT. 1240.10 MFR HIGH DENSITY MULTIPLE FAMILY DISTRICT. 1240.11 B-1 CORRIDOR COMMERCIAL DISTRICT. 1240.12 B-2 REGIONAL COMMERCIAL DISTRICT. 1240.13 T-3 NEIGHBORHOOD COMMERCIAL DISTRICT. 1240.14 T-4 DOWNTOWN COMMERCIAL DISTRICT. 1240.15 T-5 CORE DOWNTOWN COMMERCIAL DISTRICT. 1240.16 I-1
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.