Skip To Content

119 E Columbia Avenue

Battle Creek, MI 49015
  • $375,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 22029529
UPDATED: 41 min ago
$375,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,750
    SQFT
  • $79
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1968
County:
Area:

School Ratings & Info

School District:

Description

PASSIVE INCOME Amazing opportunity to earn 12%+ return. This 22 unit building is leased to individual beauticians, massage therapists, and similar industries. There is a manager in place who is willing to stay on. If the new owner wants to replace the manager, cash flow would increase by another 8,000 per year! It says the whole building is 4,750 sq feet.The average seller's discretionary cash flow has averaged $50,000 per year completely passive incomeSeller will provide financing.

Monthly Payment Calculator

© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-08T10:05:05.157.
www.c21northland.com/homes/130902524
Print Image

119 E Columbia Avenue Battle Creek, MI 49015

  • Price: $375,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 41 min ago
  • MLS #: 22029529
0
Beds
2
Baths
0
½ Baths
0.55
Acres
4,750
SQFT
$79
$/SQFT
1968
Built
Neighborhood:
Battle Creek City
County:
Calhoun
Area:
Battle Creek
School District:
Lakeview
Property Description
PASSIVE INCOME Amazing opportunity to earn 12%+ return. This 22 unit building is leased to individual beauticians, massage therapists, and similar industries. There is a manager in place who is willing to stay on. If the new owner wants to replace the manager, cash flow would increase by another 8,000 per year! It says the whole building is 4,750 sq feet.The average seller's discretionary cash flow has averaged $50,000 per year completely passive incomeSeller will provide financing.
Exterior Features

Construction Type BlockFrame/Wood Finished Building Levels 4750.00 Lot Dimensions 56 X 400 Number Of Buildings 1.00 Road Frontage 56.00 Waterfront No

Interior Features

Air Conditioning Central Air Heat Source Natural Gas Heat Type Forced Air

Property Features

Annual Property Tax 8500.00 Association West Michigan Lakeshore Association Of Realtors Auction Or For Sale For Sale Business Includes EquipmentFurniture Commercial Type Business Opportunity Homestead Percentage 0.00 Mineral Rights No New Construction No Ownership Llc Possession Close Of Escrow Sale Conditions None Sewer Public Tax Year 2021 Terms Available CashConventionalLand Contract Uses Professional ServiceProfessional/OfficeRetail Util Avl At Street None Utilities Attached CableElectricNatural GasTelephone Water Public

Listing provided courtesy of Douglas J Yntema of Assist 2 Sell Buyers & Sellers. © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-08T10:05:05.157.
 
https://bt-photos.global.ssl.fastly.net/swmich/orig_boomver_1_22029529-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/orig_boomver_1_22029529-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/orig_boomver_1_22029529-2.jpg
Logo
CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684