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Team Active 22 W Michigan Ave 16,422 SF Retail Building Battle Creek, MI 49017 $999,000 ($60.83/SF)
Executive Summary
This 16,422 SF retail/mixed-use building offers a unique opportunity in Downtown Battle Creek. The three-story building sits on 0.131 acres and is located approximately one mile from I-194 and less than five miles from I-94. The property also offers street parking along the front of the building, and a large city lot in the back. The building’s roof and HVAC system have been updated within the last five years. The first floor is currently occupied by a bike shop, with a full basement utilized for storage. The bike shop business is also available for sale. The second floor is leased to a Hyrox Training Club, while the third floor is leased to a women’s gym featuring a locker room and sauna.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,422 SF
Building Class
C
Year Built
1909
Price
$999,000
Price Per SF
$60.83
Tenancy
Single
Building Height
3 Stories
Slab To Slab
8’2”
Building FAR
2.22
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
T5 - Core Downtown Commercial District
Parking
101 Spaces (6.15 Spaces per 1,000 SF Leased)
Frontage
46’ on Michigan Ave
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0252-00-043-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $258,800 |
Property Taxes
Parcel Number
0252-00-043-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$258,800
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Team Active | 22 W Michigan Ave