Property Type:
Commercial Sale
Square Footage:
292,492
Lot Size (sq. ft.):
229,997
Status:
Sold
Current Price:
$2,000,000
List Date:
9/25/2014
Last Modified:
11/05/2021
326 W Kalamazoo Avenue, Kalamazoo, MI 49007
$1,300,000
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.
More Information MLS# 14054697
Location & Property Info
Cross Streets: Park & Church
Property Sub-Type: Industrial
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 6.84
Prop Avail for Lease?: No
Current Bldg Use: Multi-Tenant
General Property Info
New Construction: No
Lot Dimensions: TBD
Road Frontage: 1
Waterfront: No
Total # Units: 2
Total # Bldgs: 2
# Fin Bldg Lvls: 4
Total SqFt: 292492
School District: Kalamazoo
Lot Measurement: Acres
Lot Acres: 5.28
Lot Square Footage: 229996.8
Year Built: 1914
Tax Info
Taxable Value: 379244
SEV: 865800
For Tax Year: 2014
Seller's Annual Property Tax: 27241
Tax Year: 2013
Homestead %: 0
Spec Assessment & Type: None known
Zoning: M-1
Tax ID #: 0615308005
Remarks & Misc
Legal: Attached
Status Change Info
Sold Price/SqFt: 4.44
Under Contract Date: 2014-12-04
Sold Date: 2014-12-31
Sold Price: $1,300,000
Additional Details
# Loading Docks/Well: 5
Grd Lvl OH Doors: 4
# Freight Elevators: 3
Street Type
Paved: 1
Public: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Distribution: 1
Manufacturing: 1
Storage: 1
Other: 1
Construction Type
Block: 1
Exterior Material
Block: 1
Brick: 1
Stone: 1
Roofing
Stone: 1
Heat Source
Natural Gas: 1
Sale Conditions
Other: 1
Ownership
Other: 1
Below Grade
Partial: 1
Heat Type
Forced Air: 1
Space Heater: 1
Steam: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Business Includes
Furniture: 1
Other: 1
Additional Features
Bath Common Area: 1
Multi User Facility: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Shared Paved: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Kalamazoo
Street #: 326
Street Direction: W
Street Name: Kalamazoo
Suffix: Avenue
State: MI
Zip Code: 49007
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $2,000,000
Listing Date: 2014-09-15
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.
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
Legal Description ›
Listing Office:
Signature Associates Kalamazoo
Listing Agent:
Ted Vliek
Last Updated: November - 05 - 2021
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