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350 E Michigan Ave
Kalamazoo, MI 49007
Columbia Plaza · Office Property For Sale
Executive Summary
Columbia Plaza offers a rare opportunity to acquire one of Downtown Kalamazoo's most recognizable commercial properties. The approximately 58,965 SF building features established in-place income, owner-occupancy potential, flexible suite layouts, convenient on-site parking, a signature five-story atrium lobby, and Sarkozy Bakery located within the building. Originally developed as a landmark hotel, the property blends historic character with modern functionality and has been professionally maintained by long-term ownership. Current ownership is committing to a new roof and elevator code modernization, helping reduce near-term capital needs. With its downtown location, available suites, and approximately +/- 0.6 acres of excess land, Columbia Plaza offers a strong opportunity for an owner-occupant, investor, or growing organization seeking a prominent downtown presence with future expansion potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
53,719 SF
Building Class
B
Year Built/Renovated
1920/2007
Price
$3,975,000
Price Per SF
$74.00
Percent Leased
69%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,752 SF
Building FAR
1.13
Lot Size
1.09 AC
Opportunity Zone
Yes
Zoning
D2
Parking
100 Spaces (1.43 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Signage
Property Taxes
| Parcel Number | 06-15-420-115 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,492,200 |
Property Taxes
Parcel Number
06-15-420-115
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,492,200
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