An excellent opportunity awaits the commercial investor. This Mid-Century Modern Office building features floor-to-ceiling windows, an upper level, a lower level, and 20 parking spaces. The existing layout includes multiple offices, a space suitable for yoga or dance, and a retail area. Zoned for LW-1 the building offers a variety of permissible uses, making it ideal for mixed-use development. Very Motivated seller.
Flexible Zoning & Potential Uses: Zoned in LW-1, this property is ideal for a variety of service-based businesses, perfect for day care, Non for profit space, law firm, accounting, tavern, and also offers residential opportunities. The flexible zoning allows for a multitude of uses, as detailed in the City of Kalamazoo's General Provisions for approved uses. This iconic building features a mid-century modern design with large, inviting windows and a sleek flat roof. The interior is thoughtfully laid out over two levels, including multiple offices; 7 office spaces currently with c, two spacious conference rooms, a kitchenette, and a formal entry that welcomes clients and employees alike. The building's walls can be removed to create a vast open space, allowing your vision to come to life
This multi use office building sits on over one acre of land and is located minutes from Downtown Kalamazoo and the City of Portage. The property has excellent visibility with great development opportunity as the neighboring building to the north is also listed for sale. Assemble both of these properties into a dynamic development opportunity. There is easy access from high-traffic Westnedge Avenue. The property features four separate units, each designed for flexibility to various business needs. From private offices to collaborative workspaces, this layout caters to a range of professional requirements. The property is currently tenant-occupied, providing an immediate and reliable income stream. Benefit from established leases and a history of rental success. Plenty of parking.
The median home value in Kalamazoo, MI is $193,100. This is lower than the county median home value of $231,100. The national median home value is $338,100. The average price of homes sold in Kalamazoo, MI is $193,100. Approximately 39.42% of Kalamazoo homes are owned, compared to 50.85% rented, while 9.73% are vacant. Kalamazoo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kalamazoo real estate agent to arrange a tour today!
Kalamazoo, Michigan 49008 has a population of 74,020. Kalamazoo 49008 is less family-centric than the surrounding county with 22.5% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Kalamazoo, Michigan 49008 is $44,296. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Kalamazoo 49008 is 26.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.4 inches per year, with 60.3 inches of snow per year.