Kalamazoo, MI, 49007
- 20 baths
Basics
- Date added: Added 2 months ago
- Category: Commercial Sale
- Type: Office
- Status: Active
- Bathrooms: 20
- Lot size: 0.78 sq ft
- Year built: 1970
- Bathrooms Full: 20
- Lot Size Acres: 0.78 acres
- Business Type: Other
- County: Kalamazoo
- MLS ID: 25002919
Description
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Description:
This prime asset is located one building from the corner of Rose Street and Michigan Avenue (Kalamazoo's Main & Main). Numerous downtown amenities are within walking distance from the building, including restaurants, libraries, hotels, higher-education campuses, and Kalamazoo's Entertainment District. A new downtown arena is under construction two blocks to the north. The layout and location of this building leaves it prime for a repositioning play incorporating residential housing. The building's elevator banks, stairs, and common-area bathrooms are all located in the central core of the building, leaving ample window space available for views and natural light. The building features 20' column spacing, high ceilings, and approximately 14,000 square feet of floorplates. The building offers views of Bronson Park to the West, and the Eastern view showcases the outdoor Kalamazoo Mall. The asset has several long-term office tenants, which provides stable cash flow while the asset is repositioned. There are also three vacant floors ready for construction.
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Location
- Directions: Heading into downtown on AmVets Parkway, turn right onto S Rose St, second building on the left
Building Details
- Building Area Total: 129870 sq ft
- Number Of Units Total: 1
- Sewer: Public Sewer
- Heating: Steam
- StoriesTotal: 10
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Non-Applicable
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer, Broadband
- WaterSource: Public
Fees & Taxes
- Tax Assessed Value: $2,912,686
- Tax Year: 2024
- Tax Annual Amount: $207,367
School Information
- High School District: Kalamazoo
Miscellaneous
- CrossStreet: W Exchange Place & Academy St
- Listing Terms: Conventional, Cash