$910,000
$975,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
3,398 Sqft Lot
SOLD DATE : 02/14/2020
Key Details
Sold Price $910,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Kalamazoo City
MLS Listing ID 19009268
Sold Date 02/14/20
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1895
Annual Tax Amount $7,190
Tax Year 2018
Lot Size 3,398 Sqft
Acres 0.08
Property Sub-Type Retail/Commercial
Property Description
Incredible opportunity in the heart of downtown Kalamazoo! A historical 4-story building prominently set on the city's main drag of E Michigan Ave, the real estate offers so many possibilities. The main floor hosts 2 units facing E Michigan. Unit #1 is held by the long-time tenant Coney Island Hot Dog. Unit #2 was Ouzo's European Pub and is now turn-key ready for a new owner to make it their own (bar equipment and liquor license included!). The additional commercial space on Levels 2, 3, and 4 boast the building's original character and history just waiting to be developed into apartments or condos. This is a rare opportunity to purchase one of Downtown Kalamazoo's most valuable, historic buildings. The building is part of The Opportunity Zone in downtown Kalamazoo. To read more about the Opportunity Zone, visit Michigan.Gov.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Direction M-43 & Westnedge east to downtown Kalamazoo-Ouzo's and Coney Island.
Rooms
Basement Full
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Connected, Electricity Available, Natural Gas Available
View Y/N No
Roof Type Other
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Structure Type Stone, Brick
New Construction No
Schools
School District Kalamazoo
Others
Tax ID 39000615379006
Ownership Proprietorship
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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