2605 Lake Street

Retail-Commercial for Sale
Catylist Listing ID: 30782918
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 3,180 SF
Gross Building Area: See Agent
Gross Land Area: 0.16 SF
Sale Price: $175,000
Unit Price: $55.03 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Very unique, smaller commercially zoned, mixed use building previously used as small manufacturing facility with living quarters. Highly functional very clean 1,812 sf. warehouse space with 12' 6'' clear, large 12' x 12' overhead grade level garage door, lots of power (400-amp, 480 volts, 3 phase), abundance of shelving and built-in storage racks for parts or merchandise. Attached comfortable 850 sf. office space with efficient layout, three restrooms, break area/kitchen, lots of pleasant windows. Building also has an attached updated rental one (1) bedroom apartment that currently rents for $350/month income. Road construction, on Lake Street, will be underway that will upgrade the area immensely. Directly across from the Kalamazoo County Fairgrounds.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Kalamazoo Township
Tax ID/APN: 06-24-306-400
Zoning: C-1
Retail Clientele: Other
Property Located Between: Willis Ave & Riverside Ave
Property Visibility: Excellent
Largest Nearby Street: Lake Street
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1980
Year Renovated: 1999
Roof Type: Other
Construction/Siding: Aluminum Siding, Block, Brick
Parking Type: Surface
Heat Source: Radiant
Lot Frontage: 85
Lot Depth: 68
Water Service: Municipal
Sewer Type: Municipal
Legal Description: On file.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,534 66,203 148,801
Median Age: 31.17 32.85 33.92
Households: 3,008 26,596 59,987
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