1820 Lake Street Kalamazoo, MI $ 1,750,000
1820 Lake Street
$ 1,750,000
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1820 Lake Street

Kalamazoo, MI, 49001
$ 1,750,000
Bedrooms-- Baths-- Sq 47,825

Monthly Estimate*

$ 10,775

1820 Lake Street, Kalamazoo, MI 49001 - Image 1

Commercial Property for sale in Kalamazoo, MI

for $1,750,000. This 47,825 square foot building was built on a lot size of 6.2.

Freestanding building available for sale/lease that sits along the main road, offering great signage, visibility, and access. Zoned M-2 Industrial and built in 1946. The existing building is 51,196 SF with the ability to expand it to 71,196 SF, add a second building in the rear, or use the excess land for additional truck/outdoor storage parking. Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space. Ownership will consider capital improvements and demising the building into smaller units for long-term lease transactions for credit tenants. Ceiling heights range from 8-6' FT clear (office) to 19-4' FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade. Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks. Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within close proximity to Downtown Kalamazoo as well. The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/Benefits.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

6.2

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

60189514

Features
General
Heating Forced Air Space Heater
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision BYRON J HEALYS ADD MI
County Kalamazoo
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Kalamazoo
Zoning Commercial Industrial
Sale/Rent For Sale
Status Detail 0
Area Kalamazoo (39022)
Primary City Kalamazoo
Directions Business I-94 west on Lake Street. Property is on the south side of the road.
City Kalamazoo
Financial Terms Cash
Legal Description See Public Records
DOM 1086
Postal Code 49001
Price Per Sq Ft Total AG 36.59
Public Remarks Freestanding building available for sale/lease that sits along the main road offering great signage visibility and access. Zoned M-2 Industrial and built in 1946. The existing building is 51
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Exterior
Exterior Other
Frontage 145
Lot Size Area 6.2
Lot Dimensions 145' x Irregular
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Corbin Yaldoo

Listing Agent

C3 Cre, Llc

Broker

corbin@c3cre.com

Email

Affordability Calculator

$10,775
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/12/2023$100 -100.00% Price Down
2/8/2023$2,050,000 Listed Price

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1820 Lake Street, Kalamazoo, MI, 49001 is a Commercial Property for sale at $1,750,000 with 47,825 sqft and a lot size of 6.2. The property's zip code is 49001 which is in Kalamazoo, MI