2 acre development site in the City of Kalamazoo

Vacant Land for Sale
Catylist Listing ID: 30597467
Property Subtypes: Office
Gross Land Area: 2 Acres
Sale Price: $275,000
Unit Price: $137,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2020

Overview / Comments

Property is located Just off W. Main Street and could be considered a redevelopment site. This 2 acre parcel is Surrounded by Aspen Ridge, Pinewood Glen and Sage Terrace Apartments. Currently there are 2 office buildings on the site with the building to the South consisting of 1170 s.f. and the North building, 1022 s.f. The upstairs can be used for an apartment with office below. Price includes 311 N. Sage St. Owner will consider dividing the property.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-18-313-001 & 06-18-308-001
Zoning: CO
Property Located Between: W. Main & Stonebrooke Ave
Property Visibility: Good
Largest Nearby Street: West Main Street
Highway Access: US-131
Airports: Kalamazoo Battle Creek International
Site Description: Partially wooded site
Area Description: Sage St. consists of apartments and offices
Lot Frontage: 192'
Lot Depth: 268'
Zoning Description: CO- Office use
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,855 72,052 138,555
Median Age: 29.34 30.58 33.31
Households: 7,392 29,701 56,179

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