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Kalamazoo,MI 49007
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 129,780 sqft
Price per Sqft $31
MLS Listing ID 66025002919
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 1970
Annual Tax Amount $207,367
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 215' x 157'
Property Description
This prime asset is located one building from the corner of Rose Street and Michigan Avenue (Kalamazoo's Main & Main). Numerous downtown amenities are within walking distance from the building, including restaurants, libraries, hotels, higher-education campuses, and Kalamazoo's Entertainment District. A new downtown arena is under construction two blocks to the north. The layout and location of this building leaves it prime for a repositioning play incorporating residential housing. The building's elevator banks, stairs, and common-area bathrooms are all located in the central core of the building, leaving ample window space available for views and natural light. The building features 20' column spacing, high ceilings, and approximately 14,000 square feet of floorplates.The building offers views of Bronson Park to the West, and the Eastern view showcases the outdoor Kalamazoo Mall. The asset has several long-term office tenants, which provides stable cash flow while the asset is repositioned. There are also three vacant floors ready for construction.
Location
State MI
County Kalamazoo
Area Kalamazoo
Direction Heading into downtown on AmVets Parkway, turn right onto S Rose St, second building on the left
Interior
Heating Steam
Heat Source Natural Gas
Exterior
Utilities Available Elevator
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal),Water at Street
Structure Type Other
Schools
School District Kalamazoo
Others
Tax ID 0615380232
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings