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131 E Michigan Avenue Kalamazoo, MI $ 413,000
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$ 413,000 Get more info
131 E Michigan Avenue
$ 413,000
Back to search
Share Save

131 E Michigan Avenue

Kalamazoo, MI, 49007
$ 413,000
Baths1.0

Monthly Estimate*

$ 2,885

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Studio

Commercial Property for sale in Kalamazoo, MI

for $413,000 with 1 full bath. This 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.

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Commercial Active

Price

$ 413,000

Bedrooms

Studio

Full Bath

1

Property Type

Commercial

Taxes

$ 5,847

Style

Retail/Commercial

Lot Size

0.03

Year Built

1900

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

23139028
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Cable Available Broadband Available Natural Gas Connected Electric Connected
Construction Materials Brick
Year Built 1900
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail
County Kalamazoo
New Construction N
Property Type Commercial Sale
Status Active
Directions From Michigan and Burdick head east
City Kalamazoo
High School District Kalamazoo
Zoning Description D-1
Total Units 1
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 1307.0
Waterfront Y/N N
Street Name Michigan
Land Lease Y/N N
Tax Annual Amount 5847.08
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 186
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 85081
Legal Description On file
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 1
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 1
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Exterior
Water Source Public
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.03
Number of Buildings 1
Spa N
Building Area Total 3762.0
Lot Dimensions 16x80
Lot Size Acres 0.03
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 131
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* Excluded Features
List By
Dover Birch & Associates

Broker

rob@doverbirch.com

Email

Affordability Calculator

$3,372
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,885
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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 a lot size of 0.03. 131 E Michigan Avenue is a studio with 1.0 baths and was built in 1900. The property's zip code is 49007 which is in Kalamazoo, MI

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