711 W Michigan Avenue, Kalamazoo, MI 49007

$1,200,000
Property Type: Commercial Sale Square Footage: 7,708 Lot Size (sq. ft.): 39,640 Status: Sold
Current Price: $1,200,000 List Date: 10/26/2021 Last Modified: 10/26/2021

Overview

Description

COMP ONLY. RUGGER'S UP & UNDER has been a top destination for fun in Downtown Kalamazoo since 1994. The property is well situated within 1/4 Mile from Western Michigan University, Kalamazoo College, Kalamazoo Valley Community College, and the city's Central Business District. The property features over 7,700 SF of entertainment space with 102 beer taps, full kitchen, outdoor patio, and is located on just under an acre, with 74 on-site parking spaces. The offering includes the Business, FF&E, and the Real Estate. The liquor license (Class C) and liquor inventory is available separately. Offers will be considered exclusively through Kalamazoo Commercial Real Estate. Please do not contact or approach the owner or employees about this offering.

Listing Details MLS# 21112386

Location Property Info

County
Kalamazoo
Street #
711
Street Direction
W
Street Name
Michigan
Suffix
Avenue
State
MI
Zip Code
49007
Zip (4)
4518

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.91
Lot Square Footage
39640
Lot Dimensions
271 x 141
Year Built
1970
Road Frontage
280
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
7708
Full Baths
4
Waterfront
No
School District
Kalamazoo

Tax Info

Tax ID #
06-16-481-100
Taxable Value
547350
SEV
693300
For Tax Year
2021
Seller's Annual Property Tax
38201
Tax Year
2021
Spec Assessment & Type
None known.
Non-Conforming Use
No
Homestead %
0

Remarks Misc

Directions
S Westnedge Ave, West on Academy St. Property is on the north side of road.

Status Change Info

Under Contract Date
2021-07-01
Sold Date
2021-07-27
Sold Price/SqFt
155.68

More Information

Additional Details

Total Parking Spaces
74

Location & Property Info

Cross Streets
W Michigan & Allen
Property Sub-Type
Retail
Area
Greater Kalamazoo - K
Municipality
Kalamazoo City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
155.68
Prop Avail for Lease?
No
Current Bldg Use
Bar/Restaurant/Nightclub

Remarks & Misc

Legal
On file

Street Type

Paved
Yes
Public
Yes

Property Use

Business
Yes
Investment
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes

Construction Type

Block
Yes

Roofing

Metal
Yes
Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Aerial Photo
Yes
Traffic Study
Yes

Business Includes

Equipment
Yes
Furniture
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes

Driveway

Paved
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

Property Use: Business; Investment Uses: Bar/Tavern/Lounge; Restaurant Business Includes: Equipment; Furniture Construction Type: Block Roofing: Metal; Rubber Below Grade: None 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 Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Traffic Study Sale Conditions: None
Listing Office: Kalamazoo Commercial Real Estate
Listing Agent: TJ Ward
IDX
Last Updated: October - 26 - 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.