Remarks

This prime asset is located one building from the corner of Rose Street and Michigan Avenue (Kalamazoo's Main & Main). Numerous downtown amenities are within walking distance from the building, including restaurants, libraries, hotels, higher-education campuses, and Kalamazoo's Entertainment District. A new downtown arena is under construction two blocks to the north. The layout and location of this building leaves it prime for a repositioning play incorporating residential housing. The building's elevator banks, stairs, and common-area bathrooms are all located in the central core of the building, leaving ample window space available for views and natural light. The building features 20' column spacing, high ceilings, and approximately 14,000 square feet of floorplates. The building offers views of Bronson Park to the West, and the Eastern view showcases the outdoor Kalamazoo Mall. The asset has several long-term office tenants, which provides stable cash flow while the asset is repositioned. There are also three vacant floors ready for construction.

Details

MLS#: 25002919
Price: $4,100,000

Style: Office
Baths Full: 20
Sq Ft: 129780
Year Built: 1970

County: Kalamazoo
Lot Size: 215' x 157'
Tax Fee: 207367

School District: Kalamazoo