492 Capital Ave Battle Creek, MI 49015
For Sale
1 / 5
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.
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
T3 · Battle Creek, MIBattle Creek. Always verify with local authorities before improvements.
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.