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Property profile & analytics
FOR SALE
Retail space

492 Capital Ave Battle Creek, MI 49015

10,542 SF 0.81 ac lot Built 1947
Entity Owned 7-yr Hold Free & Clear
Property ID
US43-2250846
Property summary
AI-generated overview

This exceptional 10,542-square-foot freestanding retail building in Battle Creek, Michigan, presents a compelling investment opportunity. Located at 492 Capital Avenue SW, this single-story, Class C building sits on a 0.81-acre lot and boasts ample parking for over 30 vehicles. Constructed in 1947, the property is zoned C-3, permitting a wide range of uses, including its current municipal-approved adult-use provisioning center designation. However, the building is not limited to cannabis-related businesses and is suitable for various traditional retail ventures. Its prime location on Capital Avenue SW ensures high visibility, benefiting from over 50,000 vehicles passing daily. The strong synergy of a dense residential population and numerous local and national businesses in the immediate area creates a robust marketplace. The asking price is $259,900, translating to $24.65 per square foot. This presents a rare chance to acquire a well-situated, versatile commercial property in a thriving Michigan market. The property offers maximum brand exposure and a consistent flow of daytime traffic, making it an ideal location for a variety of businesses. This is a turnkey opportunity for an owner-user seeking a high-traffic location in a densely populated area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Total area 10,542 SF
Lot 0.81 ac (35,240 SF)
Zoning code T3
APN 7260-00-006-0
UPID US43-2250846
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
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Owner & transaction history
492 Capital LLC · 7 yrs held
492 Capital LLC
since 2019
2 recorded transactions
2019
$180,000
2006
$125,000
Zoning & alternative use
T3 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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