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    OFF-MARKET
    Warehouses

    38 Kenosha Ave, Battle Creek, MI 49014-4218

    32,586 SF 4.45 ac lot Built 1940
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-2306570
    Property summary
    AI-generated overview

    This exceptional 32,586-square-foot cold storage warehouse, located at 38 Kenosha Avenue in Battle Creek, Michigan, presents a unique investment opportunity. Built in 1940 and situated on a 4.45-acre lot, this single-tenant property boasts a two-story building with a 14-foot ceiling height. The warehouse features four loading docks and an elevator, enhancing operational efficiency. Currently vacant, the entire space is available for lease. The property is securely fenced and windowless, providing excellent security. Its strategic location offers easy access to I-94, just a two-minute drive away. Zoned REF, the property's APN is 13522970001130, located in Calhoun County, Michigan, zip code 49014. The asking rent is $5,000 per month, translating to a cost of less than $2.00 per square foot. This presents a compelling opportunity to address the current lack of cold storage facilities in the Battle Creek and Kalamazoo markets. The property's size, features, and location make it ideal for manufacturers or distributors requiring secure, efficient cold storage solutions. The address is 38 Kenosha Ave, Battle Creek, MI 49014, cross streets Kenosha and Pauline.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1940
    Total area 32,586 SF
    Lot 4.45 ac (193,842 SF)
    Zoning code S1
    APN 2970-00-113-0
    UPID US43-2306570
    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
    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
    Konosha Capital LLC · 4 yrs held
    Konosha Capital LLC
    since 2022
    Last sale
    $175,000
    4 recorded transactions
    2022
    2020
    $50,000
    2018
    2018
    Zoning & alternative use
    S1 · Battle Creek, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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