192 Columbia E Ave Battle Creek, MI 49015-3735
This exceptional 1,250-square-foot retail property, formerly a Comerica Bank, presents a unique redevelopment opportunity in the thriving city of Battle Creek, Michigan. Located at 192 E Columbia Ave, this vacant building sits on a substantial 2.62-acre lot, offering ample space for a variety of commercial ventures. The property's convenient location on busy Columbia Avenue ensures high visibility and accessibility. The building is a single-story structure with a permitted commercial zoning classification. The asking price is $425,000, translating to $340 per square foot. The property features a drive-thru, a highly desirable asset for many retail businesses. With its spacious lot and prime location, this property is ideal for adaptive reuse or new construction, catering to a wide range of commercial uses, including but not limited to restaurants and financial institutions. The parcel number is 7610-15-251-0. This is a rare opportunity to acquire a significant commercial property in a desirable location with excellent redevelopment potential. The property is currently vacant, offering immediate occupancy.
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Comerica Bank Bank Loan Service
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.