131 E Michigan Avenue Kalamazoo, MI ^$ 413,000

131 E Michigan Avenue

^$ 413,000

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131 E Michigan Avenue

Kalamazoo, MI, 49007

^$ 413,000

Studio Baths0.0 Sq 3,762

Monthly Estimate*

^$ 2,745

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131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 9

131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 10

131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 11

131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 12

131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 13

131 E Michigan Avenue, Kalamazoo, MI 49007 - Image 14

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Studio

Commercial Property for sale in Kalamazoo, MI

for $413,000. This 3,762 square foot building was built in 1900 on a lot size of 0.03.

This is a fantastic opportunity to invest in downtown Kalamazoo - just a block from the Radisson hotel & conference center! The property has been maintained by an owner-occupant, and the roof was just resealed this year. The first floor is rented, but the owner says the tenant will stay or vacate. The second floor is finished as office space, but the third floor is like a time capsule, untouched in generations! Because it's not a condo, you have no association limiting your use: Short-term rental? A dramatic two-story apartment? Owner-occupied live-work space? You have so many options in the D-1 zoning; see the City for details.

Commercial Active

Price

^$ 413,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,847

Style

Commercial/Industrial

Lot Size

0.03

Year Built

1900

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70336085

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1900

County Kalamazoo

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Kalamazoo

Subdivision MI

Commercial Features Cable TV Available

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions From Michigan and Burdick head east

City Kalamazoo

Street Name Michigan

Financial Terms Cash Conventional

Legal Description On file

DOM 229

Postal Code 49007

Price Per Sq Ft Total 109.78

Coming Soon This is a fantastic opportunity to invest in downtown Kalamazoo - just a block from the Radisson hotel & conference center! The property has been maintained by an owner-occupant

Exterior

Exterior Brick Frame Wood

Frontage 16

Lot Size Area 0.03

Lot Dimensions 16x80

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Rob Peterson

Listing Agent

Dover Birch & Associates

Broker

rob@doverbirch.com

Affordability Calculator

$3,232

Per Month

Monthly Principal & Interest: $2,745
Monthly Property Taxes: $487
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Kalamazoo, MI

Average List Price ^$257,968

Percent of Sale Price 38%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/19/2023	$413,000		Listed Price

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131 E Michigan Avenue, Kalamazoo, MI, 49007 is a Commercial Property for sale at $413,000 with 3,762 sqft and a lot size of 0.03. 131 E Michigan Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 49007 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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131 E Michigan Avenue

Commercial Property for sale in Kalamazoo, MI

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