4311 & 4321 S Westnedge Ave

Retail-Commercial for Sale
Catylist Listing ID: 30602077
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,037 SF
Gross Land Area: 1.11 Acres
Sale Price: $1,300,000
Unit Price: $258.09 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Westnedge Restaurant Property
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2021

Overview / Comments

Well-known and highly visible restaurant property for sale or lease on Westnedge Avenue in Kalamazoo, Michigan. This approximate 1.106 acre site consists of two parcels, offering ingress/egress options on Westnedge & Pratt Road. Located just north of the Kilgore/Westnedge intersection, the property is a corner location at Westnedge & Pratt. Both buildings are currently vacant. Zoning is Community Commercial (CC). Abundant on-site parking. Surrounding tenants include: Lee's Chicken, Discount Tire, HomeGoods, Lowe's, Meijer, Earth Fare and much more. The two parcels can be purchased or leased separately. Potential redevelopment site.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-34-355-001 & 06-34-355-002
Zoning: CC (COMMUNITY COMMERCIAL)
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Pratt & Kilgore
Property Visibility: Excellent
Largest Nearby Street: Westnedge
Feet of Frontage: 165
Highway Access: I-94, 1 - mile
Airports: Kalamazoo-Battle Creek International Airport
Site Description: 1.11 acres on two parcels.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1972
Construction/Siding: Block, Wood Frame
Exterior Description: Masonry
Total Parking Spaces: 55
Parking Type: Surface
Parking Description: On-site, 55 parking spaces on the 4311 parcel. Additional parking could be created on 4321 Parcel.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: CC - Community Commercial
Lot Frontage: 164
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: 8,879 91,545 164,151
Median Age: 36.85 33.28 34.03
Households: 4,003 36,619 66,961

Contact

Photograph of Listing Agent

Kara Schroer

NAI Wisinski of West Michigan
CARWM Member
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