131 E Michigan Avenue, Kalamazoo, MI 49007 (MLS# 24056567)

131 E Michigan Avenue, Kalamazoo, MI 49007

$350,000

Property Type: Commercial Sale Square Footage: 3,762 Lot Size (sq. ft.): 1,307 Status: Sold

Current Price: $350,000 List Date: 10/28/2024 Last Modified: 8/12/2025

Overview

Description

This is a fantastic opportunity to invest in downtown Kalamazoo - just a block from the Radisson hotel & conference center! The property has been maintained by an owner-occupant, and the roof was just resealed this year. The first floor is rented, but the owner says the tenant will stay or vacate. The second floor is finished as office space, but the third floor is like a time capsule, untouched in generations! Because it's not a condo, you have no association limiting your use: Short-term rental? A dramatic two-story apartment? Owner-occupied live-work space? You have so many options in the D-1 zoning; see the City for details.

Listing Details MLS# 24056567

Location Property Info

County: Kalamazoo
Street #: 131
Street Direction: E
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49007
Zip (4): 3907

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.03
Lot Square Footage: 1307
Lot Dimensions: 16x80
Year Built: 1900
Road Frontage: 16
Mineral Rights: Unknown
Total # Units: Yes
# Fin Bldg Lvls: 3
Total # Bldgs: Yes
Total SqFt: 3762
Total Net SqFt: 3762
Full Baths: Yes
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-15-377-005
Taxable Value: 89335
SEV: 146800
For Tax Year: 2023
Seller's Annual Property Tax: 5847.08
Tax Year: 2023
Spec Assessment & Type: None Known
Zoning: D-1
Homestead %: 0

Remarks Misc

Directions: East from Kalamazoo Mall, property is on north side of Michigan Avenue

Status Change Info

Under Contract Date: 2025-01-10
Sold Date: 2025-08-11
Sold Price/SqFt: 93.04

More Information

Location & Property Info

Cross Streets: Kalamazoo Mall & Portage Stree
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 106.3
Prop Avail for Lease?: No

Remarks & Misc

Legal: On File

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Bar/Tavern/Lounge: Yes
Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Brick: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Below Grade

Basement: Yes
Full: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Non-Applicable: Yes

Util Avail at St

Cable Available: Yes
High Speed Internet: Yes
Phone Available: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail Business Includes: Non-Applicable Construction Type: Frame/Wood Exterior Material: Brick Below Grade: Basement; Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; High Speed Internet; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None

Listing Office: Dover Birch & Associates

Listing Agent: Rob Peterson

Last Updated: August - 12 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.