1583 Capital Avenue

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30181329
Property Subtypes: Free-Standing Building, Retail-Pad, Other
Status: Pending
Building Size (RSF): 42,837 SF
Gross Land Area: 3.42 - 0.34 Acres
Sale Price: $875,000
Unit Price: $20.43 PSF
Ceiling: 18 ft.
Property Use Type: Investment
Usable Size (USF): 42,837 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

Neighborhood Shopping Center in Battle Creek. Shadow to a highly trafficked grocery and dollar store. This asset is anchored by ACO Hardware and Physiotherapy. Tremendous upside for a new owner with retail experience.

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Taxing Authority: Pennfield Township
Tax ID/APN: 131803210000
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Other
Property Located Between: Bartlett & Sunset
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1982
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,453 36,776 72,505
Median Age: 39.62 35.51 38.21
Households: 2,736 14,155 29,004


Photograph of Listing Agent

David Keyte, CCIM

Callander Commercial CPIX Member
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