125 S Kalamazoo Mall $3,500,000

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    125 S Kalamazoo Mall Kalamazoo, MI 49007

    • 124,170 sq. ft.
    • 0.76 Acres
    • Commercial
    • MLS# 24043871
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    Views: 24 Days On Site: 92

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    Property Details

    This unique opportunity is one of a kind for Kalamazoo's Urban Core. Unmatched by location, positioned off the Kalamazoo Mall, the primary retail artery in Downtown, just to the south of Michigan Ave. This value add proposition provides any investor an immediate market return with tremendous upside with additional office lease up. Asset's also primed for a residential conversion play as the City/State have multiple resources for such. This 4 Story high rise is a part of a 6 Story building, of which the top 2 floors are residential condos not a party to this offering.

    • General Features
      • Year Built 1900
      • New Construction Y/N false
      • Business Type Other,Professional/Office,Restaurant,Retail
      • County Or Parish Kalamazoo
      • Property Sub Type Retail/Commercial
      • Tax Annual Amount 156015.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details None
      • Construction Materials Brick
      • Building Area Total 124170.0
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Hot Water
      • Full Bathrooms 8
      • Bathrooms 8
    • Property Features
      • Lot Size Acres 0.76
      • Lot Size Area 0.76
      • Number Of Buildings 1
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Kalamazoo

    Neighborhood

    49007 (Kalamazoo) Demographics

    27 Median Age
    3,006 Population Density (per sq. mile)
    28% College Educated
    $34,033 Estimated Median Income
    1,189 Estimated Total Home Owners
    3,080 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    10,900 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $100,000 Median Sales Price
    9 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,500,000
        8/21/2024 4:15:00 PM New in Database Source: Multiple Listing Service New Value: $3,500,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.