302 W Michigan Avenue, Kalamazoo, MI 49007 (MLS# 25013681)

302 W Michigan Avenue, Kalamazoo, MI 49007

$515,000

Property Type: Commercial Sale Square Footage: 6,160 Lot Size (sq. ft.): 3,049 Status: Sold

Current Price: $515,000 List Date: 4/05/2025 Last Modified: 7/18/2025

Overview

Description

Possibly the most familiar landmark in downtown Kalamazoo is the Michigan News Agency, and the building is now for sale. The first floor has two retail suites. One is the historic news stand, which appears as it did in 1947; the only hint of today are the newspapers from February 8 and the current paperbacks on the shelves. The other is an established salon, which has an ADA restroom and newer HVAC system. Upstairs are the owner's offices, with abundant windows facing south and east. The upper level would make an excellent conversion to apartments. The building and its trademark sign mark the entrance to downtown, and its proximity to the Event Center creates limitless opportunities. There is only one Michigan News Agency, and this opportunity won't come around again for generations.

Listing Details MLS# 25013681

Location Property Info

County: Kalamazoo
Street #: 302
Street Direction: W
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49007
Zip (4): 3737

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 3049
Lot Dimensions: 44x70
Year Built: 1850
Road Frontage: 134
Mineral Rights: Unknown
Total # Units: 3
# Fin Bldg Lvls: 2
Total # Bldgs: 2
Total SqFt: 6160
Total Net SqFt: 6160
Full Baths: 2
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-15-353-001
Taxable Value: 161691
SEV: 309900
For Tax Year: 2025
Seller's Annual Property Tax: 11165
Tax Year: 2024
Spec Assessment & Type: None Know
Homestead %: 0

Remarks Misc

Directions: Look for the Michigan News Agency sign. Plenty of 90-minute free parking on the street.

Status Change Info

Under Contract Date: 2025-04-18
Sold Date: 2025-07-15
Sold Price/SqFt: 83.6

More Information

Location & Property Info

Cross Streets: Park & Church
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 81.15
Prop Avail for Lease?: No

Remarks & Misc

Legal: On file

Street Type

Paved: Yes
Public: Yes

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
Recreation: Yes
Restaurant: Yes
Retail: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Brick: Yes

Roofing

Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

Trust: Yes

Below Grade

Basement: Yes
Partial: Yes

Heat Type

Forced Air: Yes
Hot Water: Yes

Air Conditioning

Central Air: Yes

Business Includes

Real Estate: Yes

Foundation

Stone: Yes

Util Avail at St

Cable Available: Yes
High Speed Internet: Yes

Send to Econ Dev Org

MEDC: Yes
SWMI First, Region 5: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Retail Ownership: Trust Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Brick Roofing: Rubber Foundation: Stone Below Grade: Basement; Partial Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; High Speed Internet Heat Source: Natural Gas Heat Type: Forced Air; Hot Water Air Conditioning: Central Air Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow

Listing Office: Dover Birch & Associates

Listing Agent: Rob Peterson

Last Updated: July - 18 - 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.