Office and Rental House on 1+ Acre

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 29896046
Property Subtypes: Mixed Use, Flex Space
Building Size (RSF): 2,733 SF
Gross Land Area: 1.06 Acres
Sale Price: $199,000
Unit Price: $72.81 PSF
Property Use Type: Vacant/Owner-User
Building Name: Water Works Express
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2018

Overview / Comments

This property includes two parcels for over one acre of land located in Pennfield Township and right at the border with the City of Battle Creek. The property is located in a busy area with medical users surrounding the property. The property includes both the existing Water Works Express building and the adjacent single family home.
The Water Works Express was previously used as a hot tub business with tanning and the property has rooms with both exterior and interior hot tubs, tanning rooms, basement with pumps and heaters and a large reception area with access from both the front and rear. The building is 1,676 Sq Ft.
The property has abundant parking available in the two lots (front and rear) as well as a single car garage on the property.
The building has had the roof replaced in the past 3 years and has 400 amp, 3 phase electric service.

The existing structure could be renovated into offices or a service related business or the 1+ acres would make a great development site for your building.

The single family house is 1,057 Sq Ft and is recently renovated and has an exceptional rental history.
Tanning equipment and personal items are reserved.

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Taxing Authority: Pennfield Township, Calhoun County
Tax ID/APN: 13-18-570-067-20 / 13-18-570-067-00
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,846 46,498 71,793
Median Age: 40.23 35.81 38.28
Households: 3,677 18,420 28,578


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