691-693 Capital Avenue SW, Battle Creek, MI 49015

$1,400,000
Property Type: Commercial Sale Square Footage: 14,179 Lot Size (sq. ft.): 43,647 Status: Active
Current Price: $1,400,000 List Date: 5/14/2025 Last Modified: 5/14/2025

Description

CALL BRIAN FAZEKAS (269) 209-2286 - Capital Commons - Fully-Leased Investment Opportunity Capital Commons is a premier commercial property featuring two expansive buildings situated in a high-visibility, high-traffic location. This turnkey investment is 100% leased with five established, long-term tenants spanning a diverse range of industries, offering immediate and reliable income. The property boasts excellent curb appeal, ample parking, and well-maintained buildings, with each unit offering flexible, modern layouts tailored to professional and retail use. Tenants benefit from strong foot traffic, easy access to major roadways, and a thriving commercial environment. This is a rare opportunity to acquire a fully stabilized asset with a solid rental history and minimal

Supplements: management required. Whether you're looking to diversify your portfolio or secure a dependable cash-flowing investment, Capital Commons delivers lasting value. Key Features: * Two well-maintained buildings * Fully occupied by five long-standing tenants * Diverse mix of professional and retail uses * Strong visibility and traffic counts * Ample parking and accessible location * Proven income stream with upside potential

More Information MLS# 25021584

Location & Property Info

Cross Streets: Iriquois & Orleans Property Sub-Type: Office Municipality: Battle Creek City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 98.74 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: 147x297 Road Frontage: 147 Waterfront: No Total # Units: 5 Total # Bldgs: 2 # Fin Bldg Lvls: 1 Total SqFt: 14179 School District: Battle Creek Lot Measurement: Acres Lot Acres: 1 Lot Square Footage: 43647 Year Built: 1940 Full Baths: 2

Tax Info

Taxable Value: 364617 SEV: 403390 For Tax Year: 2024 Seller's Annual Property Tax: 25324.16 Tax Year: 2024 Homestead %: 0 Spec Assessment & Type: none known Tax ID #: 7610-15-111-0 & 7610-15-112-0

Remarks & Misc

Legal: LL@LO

Street Type

Paved: 1 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 Institutional: 1 Professional Service: 1 Professional/Office: 1 Recreation: 1 Restaurant: 1 Retail: 1 Storage: 1

Construction Type

Block: 1

Exterior Material

Stucco: 1

Roofing

Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

Corporation: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Real Estate: 1

Foundation

Block: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Driveway

Asphalt: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Calhoun Street #: 691-693 Street Name: Capital Suffix: Avenue Post Direction: SW State: MI Zip Code: 49015 Area: Battle Creek - B

OfficeContract Info

Status: Active Current Price: $1,400,000 List Price: $1,400,000 Listing Date: 2025-05-12

Remarks Misc

Directions: Located on Capital Ave SW next to Henry's Funeral Home

Property Features

Uses: Bar/Tavern/Lounge; Institutional; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Storage Ownership: Corporation Business Includes: Real Estate Construction Type: Block Exterior Material: Stucco Roofing: Rubber Foundation: Block Below Grade: None 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; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Brian Fazekas
IDX
Last Updated: May - 14 - 2025
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