REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 690,000
Est. payment /mo
Active
321 S Kalamazoo Mall Kalamazoo, MI 49007
18,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $38
Subdivision Mi
MLS Listing ID 70496665
Year Built 1980
Annual Tax Amount $28,000
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 56x102
Property Sub-Type Commercial/Industrial
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.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Basement
Structure Type Block,Brick,Concrete,Steel,Stone
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Vernon Group Realty