485 Capital Ave Battle Creek, MI 49015

This exceptional property at 485 Capital Ave SW, Battle Creek, Michigan, presents a unique investment opportunity. The 26,631 square foot building, formerly Roosevelt Elementary School, was constructed in 1950 with additions in 1967. Currently configured as a church and community space, it offers significant potential for repurposing. The three-story structure sits on a generous 1.87-acre lot, zoned REF, providing ample room for expansion or redevelopment. The building boasts a rich history and architectural character, offering a blend of vintage charm and modern adaptability. With 100% occupancy and a single tenant, this property provides a stable income stream. The land value is $24.75 per square foot. The asking price is $509,000. This is a rare chance to acquire a substantial property in a desirable location with immense potential for various uses. The property's size and location make it ideal for a variety of uses, subject to local zoning regulations. The building's history and unique features offer a compelling opportunity for a creative investor or developer.