321 S Kalamazoo Mall Kalamazoo, MI 49007
3 Baths
18,000 SqFt
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
