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$1,299,000
Est. payment /mo
4 Baths
26,060 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 26,060 sqft
Price per Sqft $49
MLS Listing ID 69026041792
Year Built 1954
Lot Size 2.130 Acres
Acres 2.13
Property Sub-Type BusinessandRealEstate
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.The seller is also open to a leaseback, allowing a buyer to underwrite day-one income or plan for owner-user occupancy on their own timeline. 330 Upton Ave sits in a submarket where industrial makes up 34% of the commercial real estate base (vs. 24% nationally), driven in part by the 3,000-acre Fort Custer Industrial Park and tightening further with the Ford BlueOval EV battery plant opening in Marshall (about 10 miles away) in 2026. At $49.85/SF, the offering is priced in line with recent Calhoun County industrial sales, which averaged $45.62/SF, and sits mid-band within the market's $40-75/SF Class B range. Property Specifications: Total Building Area: 26,060 SF Main Plant (1-story masonry): 17,501 SF North Wing (1-story masonry): 8,559 SF Second-Floor Office: 450 SF Detached Pole Warehouse: approx. 73' x 68' Attached Garage: approx. 67' x 64' Land: 2.51 Acres Loading: 4 Docks Clear Height: 18 FT Power: 3-Phase Roof: New Yard: Ample outdoor storage Frontage: Upton Ave & Grand Trunk Ave Zoning: I-2, Industrial In-Place Income: $66,000/yr from
Location
State MI
County Calhoun
Area Area96061Battlecreek
Rooms
Basement Common Storage Locker
Interior
Heating Electric, Forced Air
Fireplace No
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Rubber
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Battle Creek
Others
Ownership LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Lane Moser of Ellsbury Group
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