321 S Kalamazoo Mall
Kalamazoo, MI 49007

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.

Details

MLS#19019190
StyleRetail
Sub-TypeResale
StatusActive
Year1980
Days On Site12

Features

SQ Feet18,000
Story(s)1
Zoning201 Commercial

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Area Information

StateMI
CountyKalamazoo
CityKalamazoo
Zip Code49007
AreaGreater Kalamazoo - K
Listing VS Median (in 49007)
Price:
$850,000
low | high
Med:
$20
100% of Average
SqFt:
18,000
low | high
Med:
2,356
100% of Average
$ / SqFt:
$47
low | high
Med:
$0
100% of Average
On Site:
12
low | high
Med:
279.5
4.293381037567% of Average
Listing Updated: 05/19/2019
MLS Number: 19019190
Listing Provided By:
Matthew T Vernon  of  Vernon Group Realty
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