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    FOR SALE
    Automotive properties

    204 E Columbia Ave, Battle Creek, MI 49015

    8,340 SF 0.76 ac lot Built 1978
    Entity Owned 17-yr Hold Free & Clear
    Property ID
    US43-2019445
    Property summary
    AI-generated overview

    This exceptional 8,340-square-foot retail property, formerly a Discount Tire, is situated on a high-traffic section of Columbia Avenue in Battle Creek, Michigan. The building boasts a 1,160-square-foot office/showroom and a substantial 7,180-square-foot automotive center featuring eight service bays. Its prime location on the southwest quadrant of Columbia Avenue and Riverside Drive offers excellent visibility and accessibility, with access from both streets. The property includes prominent pylon and monument signage for maximum brand exposure. Neighboring businesses include a new White Water Express Car Wash and a new Circle K, ensuring high foot and vehicle traffic. The 0.761-acre lot is zoned B-1 Corridor Commercial District, allowing for a diverse range of uses, including financial institutions, drive-thru restaurants, medical offices, and vehicle dealerships. The high daily traffic count on Columbia Avenue (over 20,000 cars) presents a significant opportunity for a variety of businesses. The property is currently vacant, offering immediate occupancy. 2021 real estate taxes totaled $17,867.30. This is a remarkable investment opportunity in a thriving commercial area. The asking price is $1,150,000.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1978
    Total area 8,340 SF
    Lot 0.76 ac (33,149 SF)
    Zoning code B1
    APN 7610-15-256-0
    UPID US43-2019445
    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
    • Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $830k
    Blend (final) Blend
    $830k
    Owner & transaction history
    Halle Properties LLC · 17 yrs held
    Halle Properties LLC
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    B1 · Battle Creek, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.1M +86.5%
    Restaurant $690,000 +22.9%
    Office building $615,000 +9.2%
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    More about this property
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