401 E Michigan Avenue, Kalamazoo, MI 49007

$3,500,000
Property Type: Commercial Sale Square Footage: 36,891 Lot Size (sq. ft.): 32,670 Status: Sold
Current Price: $3,500,000 List Date: 5/05/2022 Last Modified: 7/14/2022

Overview

Description

AVAILABLE FOR SALE: 36,891 SF, 3-story office/retail building in downtown Kalamazoo. This well-appointed, Class A building, which underwent a historic $11M restoration in 2007, offers 17,185 SF of traditional and loft-style office space and 15,903 SF of the former Food Dance restaurant, cafe´, market and catering space. Additional amenities include roof-top deck, security cameras, key card access and standby generator. Site offers monument and building signage, rear parking and adjacent leased parking for tenants. Co-tenants include Inform Architecture and Easy on Hold - with additional square footage for your business. Zoned Downtown District D-3 in the City of Kalamazoo and located in a Michigan Opportunity Zone.

Listing Details MLS# 22016380

Location Property Info

County
Kalamazoo
Street #
401
Street Direction
E
Street Name
Michigan
Suffix
Avenue
State
MI
Zip Code
49007
Zip (4)
5839

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.75
Lot Square Footage
32670
Lot Dimensions
99 x 330
Year Built
1888
Road Frontage
99
Total # Units
Yes
# Fin Bldg Lvls
3
Total # Bldgs
2
Total SqFt
36891
Total Net SqFt
36891
Waterfront
No
School District
Kalamazoo

Tax Info

Tax ID #
06-15-415-200
Taxable Value
1501372
SEV
2035700
For Tax Year
2021
Seller's Annual Property Tax
106785
Tax Year
2021
Spec Assessment & Type
None known
Non-Conforming Use
No
Zoning
DD D-3

Remarks Misc

Directions
Northeast corner of E. Michigan Avenue and Pitcher Street in downtown Kalamazoo.

Status Change Info

Under Contract Date
2022-05-03
Sold Date
2022-07-14
Sold Price/SqFt
94.87

More Information

Additional Details

Total Parking Spaces
36
Passenger Elevators
2

Property Features

SqFt Information: Security System Uses: Institutional; Professional/Office; Restaurant Ownership: LLC Business Includes: Non-Applicable Construction Type: Frame/Wood; Steel Exterior Material: Brick; Stone; Other Roofing: Rubber Below Grade: Basement Additional Features: 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: Hot Water Air Conditioning: Chiller System Driveway: Asphalt Street Type: Paved; Public Purchase Terms Avail: Cash Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow
IDX
Listing Office: NAI Wisinski of West Michigan
Listing Agent: Jodi K Milks
Source MLS Verified
Last Updated: July - 14 - 2022
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.