414-424 Walbridge Street, Kalamazoo, MI 49007

$2,000,000
Property Type: Commercial Sale Square Footage: 9,934 Lot Size (sq. ft.): 20,517 Status: Active
Current Price: $2,000,000 List Date: 2/20/2025 Last Modified: 3/18/2025

Description

Imagine the possibilities with this turnkey eclectic investment opportunity. In the heart of Downtown Kalamazoo, you can own a piece of history, re-develop this former autoparts manufacturing facility, or open your own foodservice in the commercial kitchen space. Located in an opportunity zone, the financial benefits will be worthy of a closer look. Primed for mixed use, this 10,000 square foot gem from yesteryear has grade level overhead doors, freight elevator, commercial kitchen, turnkey coffee shop and so much more. Includes vacant lot north of the building.

More Information MLS# 25006146

Location & Property Info

Cross Streets: E Harrison Ct Property Sub-Type: Business Opportunity Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 201.33 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: 77.5 x 66 & 155.1 x 99 Road Frontage: 184 Mineral Rights: Unknown Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 9934 Total SqFt: 9934 Property Use Type: Vacant/Owner-User School District: Kalamazoo Lot Measurement: Acres Lot Acres: 0.47 Lot Square Footage: 20517 Year Built: 1926 Full Baths: 1

Tax Info

Taxable Value: 84822 SEV: 114600 For Tax Year: 2024 Seller's Annual Property Tax: 5759 Tax Year: 2023 Homestead %: 0 Spec Assessment & Type: None Non-Conforming Use: No Zoning: 201 Commercial Tax ID #: 06-15-408-012 & 06-15-403-001

Remarks & Misc

Legal: See attached document

Waterfront Options

Water Access Y/N: No

Additional Details

Total Parking Spaces: 12 Grd Lvl OH Doors: 1 # Freight Elevators: 1 Ceiling Height: 12

Street Type

Paved: 1

Property Use

Investment: 1 Vacant/Owner-User: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Bar/Tavern/Lounge: 1 Distribution: 1 Professional/Office: 1 Restaurant: 1 Retail: 1 Storage: 1

Construction Type

Block: 1

Exterior Material

Brick: 1

Roofing

Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Below Grade

Basement: 1

Heat Type

Forced Air: 1

Air Conditioning

None: 1

Docs at List Office

Aerial Photo: 1

Business Includes

Real Estate: 1

Foundation

Block: 1 Brick/Mortar: 1

Util Avail at St

Electricity Available: 1 Natural Gas Available: 1

Driveway

Gravel: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Kalamazoo Street #: 414-424 Street Name: Walbridge Suffix: Street State: MI Zip Code: 49007 Area: Greater Kalamazoo - K

OfficeContract Info

Status: Active Current Price: $2,000,000 List Price: $2,000,000 Listing Date: 2025-02-14

Remarks Misc

Directions: US-131 to I-94 W, exit and continue on Portage st south into downtown Kalamazoo, turn left onto Walbridge st

Property Features

Property Use: Investment; Vacant/Owner-User Uses: Bar/Tavern/Lounge; Distribution; Professional/Office; Restaurant; Retail; Storage Ownership: LLC Business Includes: Real Estate Construction Type: Block Exterior Material: Brick Roofing: Rubber Foundation: Block; Brick/Mortar Below Grade: Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Gravel Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo Sale Conditions: None Possession: Close Of Escrow
Listing Office: Keller Williams GR East
Listing Agent: Jason R Carpenter
IDX
Last Updated: March - 18 - 2025
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