711 W Michigan Avenue, Kalamazoo, MI 49007 (MLS# 21112386)

711 W Michigan Avenue, Kalamazoo, MI 49007

$1,200,000

Property Type: Commercial Sale Square Footage: 7,708 Lot Size (sq. ft.): 39,640 Status: Sold

Current Price: $1,200,000 List Date: 10/26/2021 Last Modified: 10/26/2021

Description

COMP ONLY. RUGGER'S UP & UNDER has been a top destination for fun in Downtown Kalamazoo since 1994. The property is well situated within 1/4 Mile from Western Michigan University, Kalamazoo College, Kalamazoo Valley Community College, and the city's Central Business District. The property features over 7,700 SF of entertainment space with 102 beer taps, full kitchen, outdoor patio, and is located on just under an acre, with 74 on-site parking spaces. The offering includes the Business, FF&E, and the Real Estate. The liquor license (Class C) and liquor inventory is available separately. Offers will be considered exclusively through Kalamazoo Commercial Real Estate. Please do not contact or approach the owner or employees about this offering.

More Information MLS# 21112386

Location Property Info

County: Kalamazoo Street #: 711 Street Direction: W Street Name: Michigan Suffix: Avenue State: MI Zip Code: 49007 Zip (4): 4518 Area: Greater Kalamazoo - K

OfficeContract Info

Status: Sold Current Price: $1,200,000 List Price: $1,200,000 Listing Date: 2021-01-01

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 0.91 Lot Square Footage: 39640 Lot Dimensions: 271 x 141 Year Built: 1970 Road Frontage: 280 Total # Units: 1 # Fin Bldg Lvls: 1 Total # Bldgs: 1 Total SqFt: 7708 Full Baths: 4 Waterfront: No School District: Kalamazoo

Tax Info

Tax ID #: 06-16-481-100 Taxable Value: 547350 SEV: 693300 For Tax Year: 2021 Seller's Annual Property Tax: 38201 Tax Year: 2021 Spec Assessment & Type: None known. Non-Conforming Use: No

Remarks Misc

Directions: S Westnedge Ave, West on Academy St. Property is on the north side of road.

Status Change Info

Under Contract Date: 2021-07-01 Sold Date: 2021-07-27 Sold Price: $1,200,000 Sold Price/SqFt: 155.68

Additional Details

Total Parking Spaces: 74

Property Features

Property Use: Business; Investment Uses: Bar/Tavern/Lounge; Restaurant Business Includes: Equipment; Furniture Construction Type: Block Roofing: Metal; Rubber Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Traffic Study Sale Conditions: None

Listing Office: Kalamazoo Commercial Real Estate

Listing Agent: TJ Ward

Last Updated: October - 26 - 2021

711 W Michigan Avenue, Kalamazoo, MI 49007- MLS# 21112386

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