431 E South St.

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30044948
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,146 SF
Gross Building Area: See Agent
Gross Land Area: 0.12 Acres
Sale Price: $399,000
Unit Price: $77.54 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/19/2017

Overview / Comments

5,146 SF of commercial space available in the heart of Downtown Kalamazoo's Entertainment District. Unique 'Church Style' architecture. Available liquor license. Located close to planned 50 acre East End Redevelopment Project and Hopcat, Maru and Bells Brewery. Great for a brewery/distillery/restaurant/bar use. Convenient parking nearby. Room for patio / outside seating. Liquor License may also be available for sale.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-15-450-001
Zoning: CCBD
Retail Clientele: General
Property Located Between: Downtown Kalamazoo
Property Visibility: Excellent
Feet of Frontage: 495
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,573 SF
Property Condition: Good
Year Built: 1930
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Brick.
Parking Type: Other
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: CBD
Lot Frontage: 49.5
Lot Depth: 101.64
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 774 ORIGINAL PLAT SWLY 49 1/2 FT OF LOTS 309 & 311 EXC NWLY 33 FT THEREOF

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,095 94,989 156,183
Median Age: 28.47 31.62 33.26
Households: 5,667 37,680 63,881

Source

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