Property profile

204 E Columbia Ave Battle Creek, MI 49015

FOR SALE
Automotive properties
Property ID
US43-2019445
8,340 SF 0.76 ac lot Built 1978
Entity Owned 17-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

204 E Columbia Ave Battle Creek, MI 49015
Battle Creek metro Census 1700 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$830k
Blend (final) Blend
$275k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

B1 · Battle Creek, MI
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.1M +86.5%
Restaurant $690,000 +22.9%
Office building $615,000 +9.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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