Address
321 S Kalamazoo Mall Kalamazoo, MI
Price
$ 850,000
Property Attributes
- MLS#21000137
- TypePending
- CountyKALAMAZOO
- CityKalamazoo
- AreaKalamazoo City
- NeighborhoodKalamazoo City
- Zip49007
- StyleRetail/Commercial
- Year Built1980
- Taxes$ 23000
- Price$ 850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage18000
- Lot Size5,998 SqFt
Listing Provided Courtesy Of:
Matthew T Vernon at Vernon Group Realty - (269) 353-1681
Data Source:
Michigan Regional Information Center (MICHRIC) - 15 - MI
Property Description
Beautiful mixed-use building located in the heart of downtownKalamazoo. Upgraded interior finishes. 8% Cap Rate. Building attached to Epic Parking Garage for convenience. 6,000 SF Per 3 floors. Modified Gross Leases. 1st & 2nd floors fully leased by 2 businesses. The LL offers caged storage and partially finished areas. The property benefits from its walking proximity to all that downtownKalamazoo has to offer, including restaurants, brewpubs, coffee shops, and retail. Located in the new Tax incentivized Opportunity Zone. Building engineered to add 1 floor on all concrete steel construction. Seller is licensed Broker.
| Price History | |
|---|---|
| 1/4/2021 | Listed $850,000 |
General Features
| Additional Features | Barrier Free, Bath Common Area, Expandable, Fire Sprinkler |
|---|---|
| Business Includes | Real Estate |
| Current Bldg Use | Cage storage lower Retail main and 2nd |
| Heating | Forced Air |
| Homestead % | 0.00 |
| Municipality | Kalamazoo City |
| New Construction | No |
| Road Frontage | 56.00 |
| Roof | Rubber |
| School District | Kalamazoo |
| Sewer | Public |
| Sub-area | K09 - Dntown S To Crosstown |
| Uses | Bar/Tavern/Lounge, Professional Service, Professional/Office, Restaurant, Retail, Storage |
| Water | Public |
| Zoning | 201 Commercial |
Interior Features
| Air Conditioning | Central Air |
|---|---|
| Heat Source | Natural Gas |
Exterior Features
| Construction Type | Block, Concrete, Steel |
|---|---|
| Driveway | None |
| Exterior | Brick, Stone |
| Mineral Rights | Unknown |
| Total # Bldgs | 1.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 49007
Price
Taxes
Visits
Year Built
Walkscore
The properties on this web site come in part from the Broker Reciprocity Program of Member MLSs of the Southwestern Michigan Regional Information Center. Copyright 2011 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Data Last Updated October 20, 2021 9:47 PM UTC All information deemed reliable but not guaranteed and should be independently verified.
