223 S Kalamazoo Mall Kalamazoo, MI ^$ 2,250,000

223 S Kalamazoo Mall

^$ 2,250,000

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223 S Kalamazoo Mall

Kalamazoo, MI, 49007

^$ 2,250,000

Studio Baths0.0 Sq 13,872

Monthly Estimate*

^$ 15,717

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Studio

Commercial Property for sale in Kalamazoo, MI

for $2,250,000. This 13,872 square foot building was built in 1878 on a lot size of 0.27.

Delve deep into the heart of downtown Kalamazoo's rich history and future potential with this exceptional property. More than just bricks and mortar, this building embodies the vibrant spirit of Kalamazoo, reflecting its past and promising an exciting future. Key Features Include:Prime Downtown Location: Situated in the bustling center of downtown Kalamazoo, you're just steps away from cultural landmarks like the Farmers' Alley Theater. Enjoy the sights and soundsof the city right outside your door!Spacious Multi-Level Layout: Spread out across three well-planned stories plus a basement. Each floor offers a canvas for imagination, whether you're considering commercial spaces,luxurious lofts, or a blend of both.Ready-for-Use Parking: 22 dedicated spots.

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,536

Style

Commercial/Industrial

Lot Size

0.27

Year Built

1878

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70335558

Features

General

Heating Forced Air

Possession See Remarks (Possession)

Roof Composite

Water Public Water Public Water at Street

Status Active Active

Year Built 1878

Parking 21+ Spaces

County Kalamazoo

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Kalamazoo

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions Michigan Ave / S. Kalamazoo Mall (at Kalamazoo's Downtown Core) Next door to Urban Modern Hair and Milan Boutique and Condominiums.

City Kalamazoo

Street Name Kalamazoo Mall

Financial Terms Cash Conventional Land Contract

Legal Description See Attached.

DOM 190

Postal Code 49007

Price Per Sq Ft 162.2

Coming Soon Delve deep into the heart of downtown Kalamazoo's rich history and future potential with this exceptional property. More than just bricks and mortar

Exterior

Exterior Block Brick Concrete Frame Stucco Wood

Frontage 67

Lot Size Area 0.27

Lot Dimensions 155x115x67.73

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Brian Lewis

Listing Agent

Berkshire Hathaway Homeservices Mi

Broker

brianlewis@bhhsmi.com

Affordability Calculator

$16,178

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: $461
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Kalamazoo, MI

Average List Price ^$264,863

Percent of Sale Price 88%

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
10/17/2023	$2,250,000		Listed Price

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223 S Kalamazoo Mall, Kalamazoo, MI, 49007 is a Commercial Property for sale at $2,250,000 with 13,872 sqft and a lot size of 0.27. 223 S Kalamazoo Mall is a studio with 0.0 baths and was built in 1878. 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 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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223 S Kalamazoo Mall

Commercial Property for sale in Kalamazoo, MI

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