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122 W South Street Kalamazoo, MI $ 1,200,000
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$ 1,200,000 Get more info
122 W South Street
$ 1,200,000
Back to search
Share Save

122 W South Street

Kalamazoo, MI, 49007
$ 1,200,000
Baths4.0

Monthly Estimate*

$ 8,382

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Studio

Commercial Property for sale in Kalamazoo, MI

for $1,200,000 with 4 full baths. This building was built in 1900 on a lot size of 0.09.

This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

4

Property Type

Commercial

Taxes

$ 8,879

Style

Retail/Commercial

Lot Size

0.09

Year Built

1900

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

24013198
Features
General
Sewer Public Sewer
Utilities Cable Available Broadband Available Phone Connected Natural Gas Connected Electric Connected
Roof Composition
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 South Street & the Kalamazoo Mall west to property
City Kalamazoo
Body of Water SHARPS LAKE
High School District Kalamazoo
Zoning Description D-1
Total Units 3
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 3920.0
Waterfront Y/N N
Street Name South
Land Lease Y/N N
Tax Annual Amount 8879.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Days on Market 38
Standard Status Active
Tax Assessed Value 124543
Legal Description See attached legal desription
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 4
Street Suffix Street
Electric On Property Y/N N
Total Baths 4
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Exterior
Water Source Public
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.09
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 9354.0
Lot Dimensions 52x58
Lot Size Acres 0.09
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 1 122
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* Excluded Features
List By
Dover Birch & Associates

Broker

rob@doverbirch.com

Email

Affordability Calculator

$9,122
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$740
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
3/19/2024$1,200,000 Listed Price

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122 W South Street, Kalamazoo, MI, 49007 is a Commercial Property for sale at $1,200,000 with a lot size of 0.09. 122 W South Street is a studio with 4.0 baths and was built in 1900. The property's zip code is 49007 which is in Kalamazoo, MI

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