1154 W Michigan Avenue, Marshall, MI 49068

$1,350,000
Property Type: Commercial Sale Square Footage: 15,907 Lot Size (sq. ft.): 94,090 Status: Sold
Current Price: $1,400,000 List Date: 7/27/2023 Last Modified: 1/03/2025

Description

Join the excitement in growing Marshall, Michigan, with Ford's new Blue Oval Battery Plant announced in the spring of 2023. This new Plant is a $3.5 Billion investment and is expected to bring 2,500 new jobs to the community when it opens in 2026. Construction is currently underway. This asset is positioned on the primary retail corridor for Marshall offering daily traffic counts of under 20,000. This 2.1-acre site is the first parcel east of the divided portion of Michigan Avenue and provides a ''left-in'' turn lane. Currently used as a bowling alley, the facility's value is its' great retail location. The property offers frontage on both Arms St. and Michigan Avenue. It is located 1/2 mile from I-69. Marshall, MI, is located at the intersection of I-69 and I-94, approximately 1.5

Supplements: hours to Detroit and 3 hours to Chicago, and offers a well-diversified economy supporting the entire northeastern area of the county. Listing is for real estate only. If a buyer wishes to purchase the business that is available for another $195,000 (check listing agreement) which includes a liquor license

More Information MLS# 23027016

Location & Property Info

Cross Streets: W. Michigan Ave Property Sub-Type: Retail Municipality: Marshall City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 88.01 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: 156XIRR Road Frontage: 156 Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 15907 School District: Marshall Lot Measurement: Acres Lot Acres: 2.16 Lot Square Footage: 94090 Year Built: 1950 Full Baths: 2

Tax Info

Taxable Value: 228621 SEV: 322000 For Tax Year: 2022 Seller's Annual Property Tax: 15494.44 Tax Year: 2022 Homestead %: 0 Spec Assessment & Type: n/a Tax ID #: 53-004-910-10

Remarks & Misc

Legal: on file

Status Change Info

Sold Price/SqFt: 84.87 Under Contract Date: 2024-03-25 Sold Date: 2024-12-31 Sold Price: $1,350,000

Street Type

Public: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Bar/Tavern/Lounge: 1 Professional Service: 1 Professional/Office: 1 Recreation: 1 Restaurant: 1 Retail: 1 Other: 1

Construction Type

Frame/Wood: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Real Estate: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1

Purchase Terms Avail

Cash: 1

Location Property Info

County: Calhoun Street #: 1154 Street Direction: W Street Name: Michigan Suffix: Avenue State: MI Zip Code: 49068 Area: Battle Creek - B

OfficeContract Info

Status: Sold Current Price: $1,350,000 List Price: $1,400,000 Listing Date: 2023-07-17

Remarks Misc

Directions: Follow I-94 E to I-94BL E/M-96 E/I-94 Emergency/Michigan Ave in Marshall Township. Take exit 36 from I-69 S/I-94BL E

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Wood Siding Roofing: Composition Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Public Purchase Terms Avail: Cash Sale Conditions: None
Listing Office: Jaqua, REALTORS Commercial
Listing Agent: Marc R Tourangeau
IDX
Last Updated: January - 03 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.