VALUE-ADD OFFICE INVESTMENT OPPORTUNITY - BATTLE CREEK, MI

Office for Sale
Distressed
Also listed as Retail-Commercial
Catylist Listing ID: 30396693
Property Subtypes: Office Building, General
Building Size (RSF): 20,988 SF
Gross Land Area: 1.24 Acres
Sale Price: $699,000
Unit Price: $33.30 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Building Name: Lighthouse Professional Center
Class of Space: Class C
Sale Terms: Cash to Seller
Short Sale/Bank-Owned: Yes
Last Updated: 11/12/2019

Overview / Comments

VALUE-ADD OFFICE INVESTMENT OPPORTUNITY – Approx. 21,000 SF multi-tenanted office building in Battle Creek, Michigan. Constructed in 1968, with 2005 and 2014 renovations, the Lighthouse Professional Center features 2 floors with a passenger elevator, 13 office suites, a 1-story rear annex with ground-level overhead door and pylon signage with electronic reader board. Building is ready to go with recent updates, including LED lighting in common areas, new roof, sprinkler system, HVAC, etc., and occupied by multiple tenants with month-to-month and short lease terms, offering flexibility for new buyer. Well located just east of Meijer on W. Columbia Avenue/I-96, midway between Helmer Road and Capital Avenue, SW, property features 2 curb cuts for easy access and 206’ of frontage for great visibility.

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Submarket/Township: Other area
Taxing Authority: Battle Creek, City of
Tax ID/APN: 13520065001200
Zoning: C-3, INTENSIVE BUSINESS DISTRICT
Property Located Between: 24th Street & Woodrow Avenue
Property Visibility: Excellent
Highway Access: Located on W. Columbia Avenue/I-96
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1968
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 78
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C-3, Intensive Business District in the City of Battle Creek
Lot Frontage: 206
Lot Depth: 263
Water Service: Municipal
Sewer Type: Municipal, Storm
Legal Description: SEC 15 BEG AT PT ON S LI OF HALLARK ACRES DIST N 89 DEG 31 MIN W 339.9 FT FROM SE COR THEREOF - CONT N 89 DEG 31 W 206.10 FT TO PT 250 FT E OF SW COR OF LOT 1 OF HALLARK ACRES - S 00 DEG 03 MIN 30 SEC E 263.90 FT M/L TO N LI COLUMBIA AVE - S 89 DEG 31 MIN 30 SEC E ALG SD N LI 126.15 FT - CONTN ALG SD N LI & ARC TO LT (RAD 7597.25 FT; CHORD BRG S 89 DEG 49 MIN 40 SEC E 80 FT) - N 00 DEG 03 MIN 30 SEC W 263.46 FT TO POB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,307 46,131 75,691
Median Age: 37.14 37.24 37.68
Households: 3,761 18,790 30,528

Contact

Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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