4201 West Main, Kalamazoo, MI - Rear 2.24 Acres

Retail-Commercial for Sale
Sale Pending
Also listed as Vacant Land
Catylist Listing ID: 30278720
Property Subtypes: Retail-Pad
Status: Pending
Building Status: Proposed
Building Size (RSF): 26,472 SF
Gross Building Area: See Agent
Gross Land Area: 2.24 Acres
Sale Price: $500,000
Unit Price: $18.89 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/5/2019

Overview / Comments

Mixed use development site zoned C-2 available for sale along the heavily trafficked West Main corridor in Kalamazoo Township. A total of 7.29 acres, this rear 2.24 acre site is a rare find in an emerging high traffic corridor with surrounding synergistic uses including multi-family, office, retail and residential uses. Less than a ½ mile to the Drake Road & West Main intersection where retail and restaurant amenities are bountiful, the property is also walking distance from the Westwood neighborhood as well as surrounding apartment complexes (Pinewood Glen, Sage Terrace, Carriage Green & Aspen Ridge). Ownership can be flexible and will consider subdivision of the site into smaller pad sites ranging from 0.95 to 3.88 acres. A drive-through has been approved for the 0.95 acre pad site with frontage on West Main. Buyers can benefit from the development plans and township approvals already completed by the current ownership.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Kalamazoo Township
Tax ID/APN: 06-18-330-072, 06-18-330-071, 06-18-330-082
Zoning: C-2
Property Visibility: Excellent
Feet of Frontage: 565
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 26,472 SF
Property Condition: Good
Year Built: 1972
Year Renovated: 1980
Construction/Siding: Wood Frame
Exterior Description: Brick / Stone, Wood siding
Parking Type: Surface
Parking Description: On-site
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: C-2
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: 14,280 76,619 138,284
Median Age: 29.07 30.74 33.16
Households: 7,103 31,650 56,059

Contact

Photograph of Listing Agent

Kara Schroer

NAI Wisinski of West Michigan
CARWM Member
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