326 W Kalamazoo Avenue, Kalamazoo, MI 49007

$1,300,000
Property Type: Commercial Sale Square Footage: 292,492 Lot Size (sq. ft.): 229,997 Status: Sold
Current Price: $1,300,000 List Date: 9/25/2014 Last Modified: 11/05/2021

Overview

Description

Park Trades Center building is about 158,000 SF w/120 tenants. Tenants are artisans. Building pays all utilities; there are a few tenants that are separately metered. There is somewhat limited parking. Total of four floors plus basement offer a variety of spaces to woodworkers, artists, clay, and glass blowing. This bldg is 95% occupied. Kalamazoo Enterprise Center is approximately 135,000 SF. Former Gibson Guitar Plant and 30 years ago was converted to multi-tenant industrial. Tenants are a mix of small to medium size companies. All docks and grade level doors are common area. Tenants share the use of fork lifts, scissor lifts and a variety of specialized equipment. For the bulk of the building, utilities are provided in rent. This bldg has around 40 tenants with one larger vacancy.

Listing Details MLS# 14054697

Location Property Info

County
Kalamazoo
Street #
326
Street Direction
W
Street Name
Kalamazoo
Suffix
Avenue
State
MI
Zip Code
49007

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
5.28
Lot Square Footage
229996.8
Lot Dimensions
TBD
Year Built
1914
Road Frontage
Yes
Total # Units
2
# Fin Bldg Lvls
4
Total # Bldgs
2
Total SqFt
292492
Waterfront
No
School District
Kalamazoo

Tax Info

Tax ID #
0615308005
Taxable Value
379244
SEV
865800
For Tax Year
2014
Seller's Annual Property Tax
27241
Tax Year
2013
Spec Assessment & Type
None known
Zoning
M-1

Remarks Misc

Directions
326 W. Kalamazoo Avenue - West on Kalamazoo Avenue building is located on the corner of Kalamazoo Avenue and Park Street. 225 Parsons Street - North on Burdick Street, east on Parsons Street building is located on the corner of north Edwards Street and Parsons Street.

Status Change Info

Under Contract Date
2014-12-04
Sold Date
2014-12-31
Sold Price/SqFt
4.44

More Information

Additional Details

# Loading Docks/Well
5
Grd Lvl OH Doors
4
# Freight Elevators
3

Property Features

Uses: Distribution; Manufacturing; Storage; Other Ownership: Other Business Includes: Furniture; Other Construction Type: Block Exterior Material: Block; Brick; Stone Roofing: Stone Below Grade: Partial Additional Features: Bath Common Area; Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air; Space Heater; Steam Air Conditioning: Central Air; Window Unit(s) Driveway: Shared Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: Other Send to Econ Dev Org: MEDC; SWMI First, Region 5

Documents

IDX
Listing Office: Signature Associates Kalamazoo
Listing Agent: Ted Vliek
Source MLS Verified
Last Updated: November - 05 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.