70 Michigan AveBattle Creek, MI 49017

Property Details for 70 Michigan Ave

Year built

1908

Lot size

0.06 AC

Property size (Sq ft)

5,299 SF

Zone code

T5

Property type

Office buildings

APN

0258-00-046-0

APU

258000460

Description

This iconic 21-story, mixed-use building, constructed in 1931 and renovated in 2010, offers 168,081 square feet of prime office space in downtown Battle Creek, Michigan. Located at 70 W Michigan Avenue, near McCamly Street, this Class A property features two buildings on a 0.6-acre lot (26,267 sq ft) and boasts flexible floor plans to accommodate various business sizes and styles, from executive suites to large creative office spaces. The building's stunning façade, a blend of glass, brass, granite, and limestone, leads to a beautifully appointed lobby. Tenants enjoy efficient floorplates, abundant natural light, redundant fiber optics, and access control. Many suites offer operable windows and zoned HVAC systems. The building is connected to a city-owned parking ramp with 700+ spaces, providing ample parking for employees and visitors. Additional amenities include UPS and FedEx drop boxes, convenient access to public transportation (including a nearby transportation center), and proximity to major highways (I-94, I-69) and the Kalamazoo/Battle Creek International Airport. The building's central location places tenants steps away from Kellogg Company headquarters and other major businesses, benefiting from a highly educated workforce (30% of Battle Creek residents hold college degrees). The property is zoned T-5 - Core Downtown Commercial District, with Consumers Energy providing power. Property taxes are $0.05 per square foot. The building's design prioritizes collaboration and productivity, offering a vibrant and convenient work environment in the heart of downtown Battle Creek. The upper floors house luxury residential units, reflecting the live-work-play lifestyle the area offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,056,940

  6.5%

  $975,639

  7%

  $905,951

• Comparable approach

  Method

  Valuation

  Relative Method

  $690,195

  Geo Method

  $690,195

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,842,350

  Retail / Commercial

  $960,107

  Mixed-Use / Specialty

  $968,788

  Hospitality / Lodging

  $726,527

  Institutional / Educational

  $1,011,470

  Residential Income

  $1,183,430

  Multifamily

  $1,352,240

  Automotive / Energy

  $866,978

  Parking / Income-Based Land

  $287,226

  Restaurant / Food Service

  $529,706

  Healthcare / Senior Housing

  $981,062

Location Insight

City

Battle Creek

County

Calhoun

State

Michigan

Latitude

42.3171

Longitude

-85.1809

CBSA code

12980

CBSA name

BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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