330 Upton Avenue - Garage, Battle Creek, MI 49037-8422

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List Price
$1,299,000
Status
ACTIVE
MLS#
70551452
Days on Market
68
Year Built
1954
Acres
2.13
Living Area
26,060
Municipality
Battle Creek
Region
Battle Creek
Township
Battle Creek

Property Description

Battle Creek Industrial with Income in Place -- 330 Upton Ave $1,299,000 | 26,060 SF | 2.51 Acres | Battle Creek, MI The Ellsbury Group presents 330 Upton Ave, a 26,060 SF masonry industrial building on 2.51 acres in Battle Creek's established Upton Ave/Grand Trunk Ave industrial corridor, minutes from W Dickman Rd and I-194. The property offers true distribution and light-manufacturing specs: four loading docks, 18' clear height, 3-phase power, and a new roof, plus rail adjacency and ample fenced outdoor storage -- an increasingly scarce combination this close to the city core. The building is currently generating $66,000 in annual income ($5,500/mo) from two in-place tenants, equating to roughly $2.53/SF. Lease structure and remaining term are available to qualified buyers upon execution of an NDA. Market NNN rents for comparable Battle Creek industrial space currently run $4.95-$8.00/SF, suggesting room for upside depending on how the in-place leases are structured.

Additional Information

Heating
Forced Air
Foundation
Basement

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Listing Courtesy of Ellsbury Group, Office Phone: 219-200-5133

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.