4001 S 9th Street, Kalamazoo, MI 49009

$2,900,000
Property Type: Commercial Sale Square Footage: 56,370 Lot Size (sq. ft.): 627,264 Status: Sold
Current Price: $2,900,000 List Date: 4/11/2022 Last Modified: 8/03/2023

Overview

Description

INVESTMENT OPPORTUNITY: 56,370 SF light-industrial/warehouse facility on 14.40-acre parcel with 7+/- acres available for future development or expansion on Kalamazoo's west side. Constructed in 1988, with 1998 and 1999 additions, this steel-framed building offers 4,704 SF of office space and 51,666 SF of warehouse space with 16' – 22' ceilings, poured concrete floors with a guided rail system for transferring heavy loads between docks, high-efficient fluorescent lighting, fire suppression system, high-powered ventilation system, 9 leveling loading docks and 1 wash bay w/overhead door. Site offers 1 access drive, monument signage, 66 parking spaces and 6 box truck parking spaces. Property is located adjacent to the Oshtemo Business Park, with easy access to I-94 and US-131. Zoned

Supplements: I-R: Industrial District, Restricted in Oshtemo Township. Currently leased by long-term tenant, CORT Business Services Corporation, who is owned by Fortune 500 Company Berkshire Hathaway Company, through 7/31/27.

Listing Details MLS# 22012040

Location Property Info

County
Kalamazoo
Street #
4001
Street Direction
S
Street Name
9th
Suffix
Street
State
MI
Zip Code
49009
Zip (4)
8120

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
14.4
Lot Square Footage
627264
Lot Dimensions
Irregular
Year Built
1988
Road Frontage
320.57
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
3
Total SqFt
56370
Total Net SqFt
56370
Property Use Type
Investment
Waterfront
No
School District
Kalamazoo

Tax Info

Tax ID #
05-35-405-021
Taxable Value
633000
SEV
633000
For Tax Year
2022
Seller's Annual Property Tax
38206
Tax Year
2021
Spec Assessment & Type
None known
Non-Conforming Use
No
Zoning
I-R

Remarks Misc

Directions
Located on S. 9th Street, between Stadium Drive and West N Avenue.

Status Change Info

Under Contract Date
2023-05-19
Sold Date
2023-08-02
Sold Price/SqFt
51.45

More Information

Additional Details

# Loading Docks/Well
9
Total Parking Spaces
72
Grd Lvl OH Doors
Yes
Ceiling Height
16

Property Features

Property Use: Investment Uses: Distribution; Manufacturing Ownership: LLC Business Includes: Non-Applicable Construction Type: Steel Exterior Material: Metal Siding; Other Roofing: Metal Foundation: Slab Below Grade: None Additional Features: Expandable; Fire Sprinkler Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Driveway: Asphalt; Paved Street Type: Paved; Public Purchase Terms Avail: Cash Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: See Remarks
IDX
Listing Office: NAI Wisinski of West Michigan
Listing Agent: Jodi K Milks
Source MLS Verified
Last Updated: August - 03 - 2023
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.