123 S Westnedge Ave

Office for Sale
Catylist Listing ID: 30647143
Property Subtypes: Office Building
Building Size (RSF): 6,330 SF
Gross Land Area: 0.30 Acres
Sale Price: $664,650
Unit Price: $105 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2020

Overview / Comments

Downtown Kalamazoo Prime Freestanding Retail/Office space. Owner is reloca*ng Op*cal Eye Carebusiness. Great Building for Financial Advisors, AXorneys, Accountants, or many Retail applica*ons. Buildingis highly visible, very adaptable to mul*ple uses, and can easily be converted into a 4 – 5 Unit Mul*-TenantBuilding. Currently 6 separate meters, 5 bathrooms, 5 new separate furnaces, energy efficient building. Building features 10’ high ceilings, 54 large windows to let in natural light, three (3) separate entry ways, roofonly 5 years old, new carpet and custom designed window shades. Large digital sign has been approved byCity of Kalamazoo. Fiber Op*cs has been brought into the building, Security System, on-site parking with 18parking spaces, building is move-in ready. Seven (7) large offices or Exam Rooms.

Attachments & Media

Financials

Finance Data Year 2010
Real Estate Taxes - Annual($) $10,200 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket/Township: Other area
Tax ID/APN: 39000615355039
Zoning: CBD
Property Located Between: Academy & West Michigan
Property Visibility: Excellent
Site Description: 104 Original Plat S 6 R Of Lot 39 & Land Betw Same And W Li Sec 15-2-11 Owned & Occupied As One Par
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1934
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 18
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Lot Frontage: 99
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 104 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO, Liber 6 of Plats Page 8; The South 6 Rods of Lot 39. Also land lying west of the abovedescribed parcel said land being between the west line of the South 6 Rods of Lot 39 and the east line of South Westnedge Avenue.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,253 96,296 160,204
Median Age: 27.84 31.8 33.47
Households: 6,515 38,518 65,568
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