122, South, Kalamazoo, MI, 49007
Basics
- Date added: Added 3 months ago
- Category: Commercial Sale
- Type: Retail/Commercial
- Status: Active
- Bathrooms: 4
- Lot size: 0.09 sq ft
- Year built: 1900
- Bathrooms Full: 4
- Lot Size Acres: 0.09 acres
- Business Type: Professional/Office, Professional Service, Restaurant, Bar/Tavern/Lounge, Retail
- County: Kalamazoo
- MLS ID: 24013198
Description
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Description:
This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.
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Location
- Directions: From South Street & the Kalamazoo Mall, west to property
Building Details
- Building Area Total: 9354 sq ft
- Number Of Units Total: 3
- Construction Materials: Brick
- Sewer: Public Sewer
- Heating: Forced Air
- Roof: Composition
- Foundation Details: Block
- Number Of Buildings: 1
Amenities & Features
- Inclusions: 1
- Utilities: Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Broadband
- WaterSource: Public
- Fireplaces Total: 1
Fees & Taxes
- Tax Assessed Value: $124,543
- Tax Year: 2023
- Tax Annual Amount: $8,879
School Information
- High School District: Kalamazoo
Miscellaneous
- CrossStreet: Rose & Kalamazoo Mall
- Listing Terms: Conventional, Contract, Cash
