1400 E. Columbia Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30041011
Building Size (RSF): 4,550 SF
Gross Building Area: See Agent
Sale Price: $165,000
Unit Price: $36.26 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

SAME OWNERS SINCE 1975! This property has served the current owners very well and should offer the same to the new owner. 4,550 sq. ft. of retail space currently divided into 3 units generating $22,800 in annual gross income. Occupied by 3 long term tenants - Image Formal Wear (25 years). LJ's Barber Shop (20 years), One Hour Martinizing (6 years). Highly visible location that presents well from the road. Worth a look for an investor or a business owner looking for a location offering additional income.

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Tax ID/APN: 131001804001
Area Description: From E. Columbia and Main Street, East on Columbia Avenue to Property.
Tenancy: Multiple Tenants
Year Built: 1970
Construction/Siding: Other
Total Parking Spaces: 30
Zoning Description: Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,186 44,664 77,986
Median Age: 31.7 36.89 37.98
Households: 1,895 17,416 31,645
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