Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30282025
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 21,109 SF
Gross Building Area: See Agent
Gross Land Area: 0.56 Acres
Sale Price: $1,300,000
Unit Price: $61.59 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2018

Overview / Comments

Excellent Downtown Retail Center. Anchored by Main Street Pub and Kalamazoo County State Bank. Good tenant mix, with South County Services, Subway and Hungry Howie's. Strong returns with these long time tenants. Upside is here also, with two suites to fill. Call or email for financials.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 1413444011
Zoning: COMMERCIAL
Feet of Frontage: 300
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1995
Construction/Siding: Brick
Heat Type: Natural Gas
Zoning Description: Commercial

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,117 24,867
Median Age: 40.27 41.46
Households: 2,740 9,702

Contact

Photograph of Listing Agent

Matthew Leighton, CCIM

Jaqua Realtors
CARWM Member
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