Office for Sale
Catylist Listing ID: 28684696
Property Subtypes: Office Building
Building Size (RSF): 365,000 SF
Gross Land Area: 40.75 Acres
Sale Price: $25,000,000
Unit Price: $68.49 PSF
Ceiling: 14 ft.
Office SF: 365,000 SF
Property Use Type: Vacant/Owner-User
Building Name: 298 Building
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

This 365,000 SF Class A office building is the former home of Pfizer. Located south of the Kalamazoo Airport, this building presents an opportunity for a corporate headquarters or research and development buyer or tenant. Three-story atrium with natural light throughout, commercial grade cafeteria with full kitchen, raised floor data center with fire suppression systems, 365-seat auditorium, 2 training rooms with tiered seating, 34 conference rooms, 3 dock doors and 1 overhead door.

Recent renovations include: new atrium LED lighting; upgrades to the front entrance and patio off the cafeteria; several new windows; resealed windows in connector and atrium areas; upgrades to building management system; all controllers for HVAC system reprogrammed with modern technology; new landscaping around the building; resurfacing of entire parking area.

Many more amenities!! Also for lease at $7.00/SF.


SIGNAGE: Monument


Finance Data Year 2011
Real Estate Taxes - Annual($) $38,279 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket/Township: Other area
Taxing Authority: City of Portage
Tax ID/APN: 39-10-00011-010-G
Site Description: This 365,000 SF office building has been thouroughly renovated and is ready for a new world class user looking for a headquarters. 3 floors of Class A office space including a 365 seat auditorium, 34 conference rooms, commercial sized kitchen and cafeteria.
Number of Stories: 3
Year Built: 1989
Year Renovated: 1999
Construction/Siding: Concrete
Total Parking Spaces: 968

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,802 43,406 113,924
Median Age: 43.44 37.76 34.75
Households: 1,153 18,529 46,193


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