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Property profile & analytics
FOR SALE
Retail space

190 N 20Th St Battle Creek, MI 49015

1,421 SF 0.23 ac lot Built 1955
Entity Owned 7-yr Hold Free & Clear
Property ID
US43-2306904
Property summary
AI-generated overview

This 1,421 square foot, vacant provisioning center is located at 190 N 20th St, Battle Creek, MI 49015, in Calhoun County. The property is situated on a 0.23-acre lot and offers a hard corner location with excellent visibility. It's a newly built-out, turn-key facility, municipally licensed for both medical and recreational marijuana sales. The interior features two bathrooms, a reception area, a private office, and custom cabinetry with six POS register setups. A comprehensive interior and exterior surveillance system is also in place. The asking price is $650,000, translating to $457.42 per square foot. Seller financing is available. This property benefits from a strong demographic, serving a 5-mile radius population of 88,000 residents. The building is currently vacant, presenting an immediate opportunity for a new operator. This is a rare opportunity to acquire a fully equipped and compliant provisioning center in a thriving market. The property's location and features make it an ideal investment for experienced entrepreneurs in the cannabis industry.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Total area 1,421 SF
Lot 0.23 ac (9,975 SF)
Zoning code T3
APN 9790-25-401-0
UPID US43-2306904
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The King Of Clean Car Wash
  • Kings Chariots Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
190 N 20th LLC · 7 yrs held
190 N 20th LLC
since 2019
4 recorded transactions
2019
$235,000
2019
$230,000
2016
Price N/A
2007
$85,000
Zoning & alternative use
T3 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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