UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $38
Municipality Kalamazoo City
MLS Listing ID 25050015
Full Baths 3
Year Built 1980
Annual Tax Amount $28,000
Tax Year 2025
Lot Size 6,000 Sqft
Acres 0.14
Lot Dimensions 56x102
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
Property Description
Kalamazoo. 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 downtown
Kalamazoo 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.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Roof Type Rubber
Street Surface Paved
Building
Building Description Brick,Stone, Barrier Free,Bath Common Area,Expandable,Fire Sprinkler
Foundation None
Structure Type Brick,Stone
New Construction No
Schools
School District Kalamazoo
Others
Tax ID on file
Ownership LLC
Acceptable Financing Conventional, Tax Def Exchange, Cash
Listing Terms Conventional, Tax Def Exchange, Cash
Get More Information
Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal