321 S Kalamazoo Mall Active

Kalamazoo,MI 49007

$ 690000

- Bed

- Bath

18000 SqFt


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

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