1511 Douglas Avenue Kalamazoo, MI ^$ 275,000

1511 Douglas Avenue

^$ 275,000

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1511 Douglas Avenue

Kalamazoo, MI, 49007

^$ 275,000

Studio Baths0.0 Sq 2,160

Monthly Estimate*

^$ 1,921

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Studio

Commercial Property for sale in Kalamazoo, MI

for $275,000. This 2,160 square foot building was built in 1955 on a lot size of 0.28.

Amazing opportunity for a mechanic shop on a highly visible corner! The opportunity includes the real estate, building and much of the equipment. Buyer is welcome to take over over the existing company with well-established client lists and website. Existing company is profitable, highly rated with great online presence and long-established Good Will of the customer base. There are 4 bays and overhead doors, newer lifts, equipment and alarm system. A half bath inside and seller advised there was a roughed in second half bath as well. The roof does appear to need some attention. The property and business, if desired, offers the opportunity for continued prosperiety for many more years to come! Listing includes 1511 and 1507 Douglas. Listing agent will be present for all showings.

Commercial Active

Price

^$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,856

Style

Commercial/Industrial

Lot Size

0.28

Year Built

1955

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70342617

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1955

Parking 11-20 Spaces

County Kalamazoo

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Kalamazoo

Subdivision MI

Commercial Features Electric Available Gas Available

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions From downtown north on Douglas to corner of Ravine.

City Kalamazoo

Street Name Douglas

Financial Terms Cash Conventional

Legal Description 2450 Beg at a pt in cen li Douglas Avenue 1054.81ft N of S li Sect 9 T2S R11W th W 10R th N to a pt in cen li of Ravi

DOM 145

Postal Code 49007

Price Per Sq Ft 127.31

Coming Soon Amazing opportunity for a mechanic shop on a highly visible corner! The opportunity includes the real estate

Exterior

Exterior Block

Frontage 165

Lot Size Area 0.28

Lot Dimensions 48.8 X 132.03

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Jessica Steele

Listing Agent

Berkshire Hathaway Homeservices Mi

Broker

jessica@jessicasteele.org

Affordability Calculator

$2,076

Per Month

Monthly Principal & Interest: $1,921
Monthly Property Taxes: $155
Monthly Home Insurance: --

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Interest Rate

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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 ^$265,641

Percent of Sale Price 3%

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
4/16/2024	$275,000	-35.29%	Price Down
11/30/2023	$425,000		Listed Price

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1511 Douglas Avenue, Kalamazoo, MI, 49007 is a Commercial Property for sale at $275,000 with 2,160 sqft and a lot size of 0.28. 1511 Douglas Avenue is a studio with 0.0 baths and was built in 1955. 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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1511 Douglas Avenue

Commercial Property for sale in Kalamazoo, MI

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