$40.52 Per Sq Foot $1,320 est/mo Sourced by Back At You

6018 E Michigan Avenue,Kalamazoo, MI 49048

Kalamazoo MI, 49048

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Description

This industrial investment property is a perfect opportunity for an investor looking for an affordable priced, 100% occupied property to start or add to their portfolio. This 6,068 SF building is complete with a partial basement and boasts two well-established tenants. The property is home to a prominent local Dance Studio in the front retail space and a thriving Vending business in the rear industrial space. The Dance Studio has been a fixture for over 6 years, while the Advantage Vending business have been successfully operating for over a decade. Recent installation of new mechanical HVAC units ensures efficient operation in this well-insulated structure.

Details

MLS#24011812
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1949
Days On Site71
Listing Provided ByKalamazoo Commercial Real Estate | Jeff Chrystal

Features

Bath(s) 3 Total
SQ Feet6,068
Story(s)1
Units2
Building(s)1
Acreage0.51

Market Activity 49048

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.

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Listings Checked: 1 day ago
StateMI
CountyKalamazoo
CityKalamazoo
Zip Code49048
AreaGreater Kalamazoo - K
SubareaK
School DistrictComstock
Listing VS Median (in 49048)
Price:
$245,900
low | high
Med:
$167,400
81.923546156974% of Average
SqFt:
6,068
low | high
Med:
1,628
100% of Average
$ / SqFt:
$41
low | high
Med:
$104
100% of Average
On Site:
71
low | high
Med:
91.5
77.595628415301% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 10:24:12 AM PDT