326 W Kalamazoo Avenue, Kalamazoo, MI 49007 (MLS# 14054697)

326 W Kalamazoo Avenue, Kalamazoo, MI 49007

$1,300,000

Property Type: Commercial Sale Square Footage: 292,492 Lot Size (sq. ft.): 229,997 Status: Sold

Current Price: $2,000,000 List Date: 9/25/2014 Last Modified: 11/05/2021

Description

Park Trades Center building is about 158,000 SF w/120 tenants. Tenants are artisans. Building pays all utilities; there are a few tenants that are separately metered. There is somewhat limited parking. Total of four floors plus basement offer a variety of spaces to woodworkers, artists, clay, and glass blowing. This bldg is 95% occupied. Kalamazoo Enterprise Center is approximately 135,000 SF. Former Gibson Guitar Plant and 30 years ago was converted to multi-tenant industrial. Tenants are a mix of small to medium size companies. All docks and grade level doors are common area. Tenants share the use of fork lifts, scissor lifts and a variety of specialized equipment. For the bulk of the building, utilities are provided in rent. This bldg has around 40 tenants with one larger vacancy.

More Information MLS# 14054697

Location Property Info

County: Kalamazoo Street #: 326 Street Direction: W Street Name: Kalamazoo Suffix: Avenue State: MI Zip Code: 49007 Area: Greater Kalamazoo - K

OfficeContract Info

Status: Sold Current Price: $1,300,000 List Price: $2,000,000 Listing Date: 2014-09-15

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 5.28 Lot Square Footage: 229996.8 Lot Dimensions: TBD Year Built: 1914 Road Frontage: 1 Total # Units: 2 # Fin Bldg Lvls: 4 Total # Bldgs: 2 Total SqFt: 292492 Waterfront: No School District: Kalamazoo

Tax Info

Tax ID #: 0615308005 Taxable Value: 379244 SEV: 865800 For Tax Year: 2014 Seller's Annual Property Tax: 27241 Tax Year: 2013 Spec Assessment & Type: None known Zoning: M-1

Remarks Misc

Directions: 326 W. Kalamazoo Avenue - West on Kalamazoo Avenue building is located on the corner of Kalamazoo Avenue and Park Street. 225 Parsons Street - North on Burdick Street, east on Parsons Street building is located on the corner of north Edwards Street and Parsons Street.

Status Change Info

Under Contract Date: 2014-12-04 Sold Date: 2014-12-31 Sold Price: $1,300,000 Sold Price/SqFt: 4.44

Additional Details

# Loading Docks/Well: 5 Grd Lvl OH Doors: 4 # Freight Elevators: 3

Property Features

Uses: Distribution; Manufacturing; Storage; Other Ownership: Other Business Includes: Furniture; Other Construction Type: Block Exterior Material: Block; Brick; Stone Roofing: Stone Below Grade: Partial Additional Features: Bath Common Area; Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air; Space Heater; Steam Air Conditioning: Central Air; Window Unit(s) Driveway: Shared Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: Other Send to Econ Dev Org: MEDC; SWMI First, Region 5

Documents

Legal Description ›

Listing Office: Signature Associates Kalamazoo

Listing Agent: Ted Vliek

Last Updated: November - 05 - 2021

326 W Kalamazoo Avenue, Kalamazoo, MI 49007- MLS# 14054697

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