11981 US-131

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30540120
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related, Other
Status: Pending
Building Size (RSF): 13,800 SF
Gross Building Area: See Agent
Gross Land Area: 2.90 Acres
Sale Price: $835,000
Unit Price: $60.51 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2020

Overview / Comments

PRICE REDUCED! Excellent commercial corner. Great business exposure on US-131 and U Avenue. Since this property is currently used for auto sales & repair, there is added value for a similar use, however there are many possible uses for this prominent site.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Schoolcraft Township
Tax ID/APN: 14-06-455-029
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: US-131
Feet of Frontage: 392
Traffic/Vehicle Count: 24,731
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1992
Construction/Siding: Metal Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Radiant
Lot Frontage: 392
Lot Depth: 311
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,455 40,442
Median Age: 41.81 40.35
Households: 4,885 15,821


Photograph of Listing Agent

Matthew Leighton, CCIM

Jaqua Commercial
CARWM Member
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