Homes for sale - 122 W South Street, Kalamazoo, MI 49007

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Maria Reyes

maria.reyes@epique.me +1(248) 943-2250

$1,200,000

Est. payment - /mo

4 Baths

9,354 SqFt

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UPDATED:

07/22/2024 12:56 PM

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,354 sqft

Price per Sqft $128

Municipality Kalamazoo City

MLS Listing ID 24013198

Full Baths 4

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1900

Annual Tax Amount $8,879

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 52x58

Property Description

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.

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Direction From South Street & the Kalamazoo Mall, west to property

Body of Water SHARPS LAKE

Interior

Heating Forced Air

Fireplaces Number 1

Inclusions {"Non-Applicable":true}

Exterior

Utilities Available Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Broadband

View Y/N No

Roof Type Composition

Building

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

School District Kalamazoo

Others

Tax ID 06-15-391-001

Acceptable Financing Conventional, Contract, Cash

Listing Terms Conventional, Contract, Cash

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Listed by Dover Birch & Associates

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Maria Reyes

+1(248) 943-2250

Co-Owner/Realtor® | License ID: 6501350194

Co-Owner/Realtor® License ID: 6501350194

122 W South Street Kalamazoo, MI 49007

Maria Reyes

Key Details

Location

Interior

Exterior

Building

Schools

Others

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