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 51,196

Monthly Estimate*

$ 10,775

1820 Lake Street, Kalamazoo, MI 49001 - Image 1

Commercial Property for sale in Kalamazoo, MI

for $1,750,000. This 51,196 square foot building was built in 1946 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

RealEstateOnly

Lot Size

6.2

Year Built

1946

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

20230003206

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SpaceHeater
Possession AtClose
Construction Materials Other
Year Built 1946
Levels One
Property Subtype RealEstateOnly
Current Use Commercial MiniStorage Warehouse
County Kalamazoo
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name BYRON J HEALYS ADD
Garage Y/N N
Status Active
Directions Business I-94 west on Lake Street. Property is on the south side of the road.
City KalamazooCity_Kalamazoo
Senior Community Y/N N
High School District Kalamazoo
Zoning Description Commercial HeavyIndustry LightIndustry
MLS Area Area39062Kalamazoo
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 266734
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2023-02-08
Legal Description See Public Records
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Exterior
Water Source Public
Lot Size Area 6.2
Foundation Details Basement BrickMortar PillarPostPier
Spa N
Building Area Total 47825.0
Lot Dimensions 145' x Irregular
Lot Size Acres 6.2
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 51196.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1820
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* Excluded Features
List By
Corbin Yaldoo

Listing Agent

C3 Cre, Llc

Broker

(248) 220-1110

Phone

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
1597244 Elementary School
1597242 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$1,750,000 Listed Price

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1820 Lake Street, Kalamazoo, MI, 49001 is a Commercial Property for sale at $1,750,000 with 51,196 sqft and a lot size of 6.2. 1820 Lake Street was built in 1946. The property's zip code is 49001 which is in Kalamazoo, MI