40
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$998,500
Est. payment /mo
9,354 SqFt
Active
126 W South Street Kalamazoo, MI 49007-4711
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 9,354 sqft
Price per Sqft $106
Subdivision Mi
MLS Listing ID 25009988
Year Built 1900
Annual Tax Amount $9,410
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 52x58
Property Sub-Type Commercial/Industrial
Property Description
This is Kalamazoo's best office-to-residential conversion opportunity in decades! Because it is surrounded by public alleys on three sides, future apartments will enjoy abundant natural light. The third floor has extra-high ceilings, creating the potential for loft living, and the location just two blocks from the WMU Med School means a constant supply of tenants. To offset holding costs, the ground floor has two month-to-month tenants, and the owner is willing to lease back a portion of the upper-level office space. Renovations in 1987 included double-hung windows, updated mechanicals, and refreshed finishes. Seller financing available.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Exterior
Roof Type Composite
Building
Foundation Basement
Structure Type Brick,Frame,Wood
Others
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Dover Birch & Associates