1104 S Westnedge Avenue, Kalamazoo, MI 49008 (MLS# 23011418)

1104 S Westnedge Avenue, Kalamazoo, MI 49008

$400,000

Property Type: Commercial Sale Baths: 2 Square Footage: 5,134 Lot Size (sq. ft.): 7,623 Status: Sold

Current Price: $400,000 List Date: 4/17/2023 Last Modified: 12/06/2023

Overview

Description

Sale price based on a 11% Cap Rate. Fantastic live/work opportunity to own a unique and historic property located south of Downtown Kalamazoo's Vine Neighborhood. Fire Engine House number 6 was built in 1910 and fully remodeled over the last few years. Recent updates include 3 new HVAC units, roof, plumbing and bathrooms, electrical, paint, and flooring. The property has 3 bathrooms, with the 2 on the main floor featuring full ADA access including showers. The building is ~5,134 SF and is located on .175 acres. Potential for live/work opportunity, subject to municipal approval. The property has been very well maintained and many of the original features have been refurbished.

Supplements: The property also features great signage visibility at the corner of South Westnedge Ave and Wheaton Ave. Listing agent is owner and licensed realtor in State of Michigan. Owner will also consider a lease with a qualified user.

Listing Details MLS# 23011418

Location Property Info

County: Kalamazoo
Street #: 1104
Street Direction: S
Street Name: Westnedge
Suffix: Avenue
State: MI
Zip Code: 49008
Zip (4): 1350

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7623
Lot Dimensions: 66 x 115.5
Year Built: 1910
Road Frontage: 66
Total # Units: Yes
# Fin Bldg Lvls: 2
Total # Bldgs: Yes
Total SqFt: 5134
Total Net SqFt: 5134
Full Baths: 3
Total Baths: 2
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-21-434-004
Taxable Value: 122400
SEV: 122400
For Tax Year: 2022
Seller's Annual Property Tax: 4964.14
Tax Year: 2022
Spec Assessment & Type: None known
Zoning: CO
Homestead %: 0

Remarks Misc

Directions: From Downtown Kalamazoo, south on Westnedge Avenue. Located on the corner of Weaton & Westnedge.

Status Change Info

Under Contract Date: 2023-10-09
Sold Date: 2023-12-05
Sold Price/SqFt: 77.91

More Information

Location & Property Info

Cross Streets: Weaton & Westnedge.
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 85.51
Prop Avail for Lease?: Yes

Remarks & Misc

Legal: On file.

Street Type

Paved: Yes
Public: Yes

Property Use

Investment: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional/Office: Yes
Retail: Yes
Other: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Brick: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Non-Applicable: Yes

Additional Features

Barrier Free: Yes
Bath Common Area: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes

Send to Econ Dev Org

MEDC: Yes
SWMI First, Region 5: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes
Land Contract: Yes

Property Features

Property Use: Investment Uses: Professional/Office; Retail; Other Business Includes: Non-Applicable Construction Type: Frame/Wood Exterior Material: Brick Roofing: Composition Additional Features: Barrier Free; Bath Common Area 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 Air Conditioning: Central Air Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Land Contract Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5

Listing Office: Kalamazoo Commercial Real Estate

Listing Agent: TJ Ward

Last Updated: December - 06 - 2023

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