77 Michigan AveBattle Creek, MI 49017

  • Office buildings
  • 24,036 SF
For Lease
$14.28/SF/YR View listing

Property Details for 77 Michigan Ave

Year built
1900
Lot size
1.22 AC
Property size (Sq ft)
24,036 SF
Zone code
T4
Property type
Office buildings
APN
9999-01-400-0
APU
9999014000

Description

This exceptional commercial property, located at 77 E. Michigan Ave in Battle Creek, Michigan, presents a unique leasing opportunity. The building, a two-story Class B structure built in 1900, sits on 1.22 acres of land and is zoned C-4. The property features multiple tenancy options within a traditional office setting, with a total of 2,600 square feet currently vacant. Individual suites range from a minimum of 752 square feet to a maximum contiguous space of 1,848 square feet, offering flexibility for various business needs. On-site management ensures smooth operations, while convenient amenities include common area restrooms and ample free on-site parking. The building's prime downtown location provides easy access to a variety of dining options within walking distance. The property's address is 77 E Michigan Ave, Battle Creek, MI 49017, and its parcel number is 9999-01-400-0. This is an ideal location for businesses seeking a move-in ready space in a vibrant and convenient setting. The building offers a blend of historical charm and modern convenience, making it an attractive option for a variety of tenants. Contact us today to learn more about the available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,230,334
    6.5%
    $3,904,924
    7%
    $3,626,001
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,130,689
    Geo Method
    $3,130,689
  • Alternative Use

    Use
    Valuation
    Residential
    $4,842,106
    Hospitality
    $4,435,343
    Educational
    $3,690,153
    Medical
    $3,817,063
    Retail
    $5,740,238

Location Insight

City
Battle Creek
County
Calhoun
State
Michigan
Latitude
42.3171
Longitude
-85.1802
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
-
-
-
$774,779
-
-
-
$1,549,558

FAQs

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