2191 Columbia AveBattle Creek, MI 49015

For Lease
  • Showrooms
  • 158,242 SF

Property Details for 2191 Columbia Ave

Year built
2008
Lot size
28.01 AC
Property size (Sq ft)
158,242 SF
Zone code
B1
Property type
Showrooms
APN
0065-00-280-0
APU
65002800

Description

This exceptional retail opportunity is located inside a high-traffic Meijer store in Battle Creek, Michigan. The 499 square foot space offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including a strategic placement for maximum customer interaction and exposure. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. Branding opportunities include both interior and exterior signage. The property is situated in a thriving trade area with a desirable customer base in Calhoun County, at 2191 Columbia Ave. West, Battle Creek, MI 49015. This location is ideal for various businesses, such as financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The space is currently vacant and ready for immediate occupancy. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $40,944,924
    6.5%
    $37,795,316
    7%
    $35,095,652
  • Comparable approach

    Method
    Valuation
    Relative Method
    $51,939,772
    Geo Method
    $51,939,772
  • Alternative Use

    Use
    Valuation
    Residential
    $31,881,764
    Hospitality
    $29,203,524
    Educational
    $24,296,990
    Medical
    $25,132,600
    Retail
    $37,795,316
2191 Columbia Ave, Battle Creek, Michigan

Location Insight

City
Battle Creek
County
Calhoun
State
Michigan
Latitude
42.2952
Longitude
-85.2345
CBSA code
12980
CBSA name
BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
-
-
$3,912,796
-
-
-
$7,825,592

FAQs

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