$1,600,000
One West Michigan
Details
Property Type Office
Sub Type Traditional Office
Units 2
NOI $198,220
Occupancy 100%
Broker Co-Op Yes
Year Renovated 2024
Investment Type Stabilized
Office
Marketing description
Introducing the CLASSIC CORNER at 1 W MICHIGAN AVE, BATTLE CREEK, MI — a fully occupied office building located in the bustling heart of Downtown Battle Creek. This prime property boasts rare onsite gated parking, a sought-after feature in downtown assets, providing convenience and security.
With a strong in-place tenancy generating stable cash flow and an annual base rent of $198,220+, investors will appreciate the solid 8% Cap Rate with potential for further growth. Priced at $1,600,000, this property is ideal for investors seeking a stabilized downtown office asset with promising returns.
Don't miss this opportunity to own a piece of downtown Battle Creek's thriving business district. Contact us today to seize this lucrative investment and secure a landmark property that defines success in a prime location.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$198,220.00
$16,518.33/mo
Valuation Metrics
0
DSCR
12.39%
Cap Rate
12.39%
ROI
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