Address
321 S Kalamazoo Mall, Kalamazoo, MI
Price
$ 850,000
Property Attributes
- MLS#21000137
- TypeCommercial
- MunicipalityKalamazoo City
- 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
Data Source:
Michigan Regional Information Center (MICHRIC)
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 |
| 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 Commercial Average in 49007
Price
Taxes
Visits
Year Built
Walkscore
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update August 18, 2022 9:56 AM UTC
