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4525 W Kl Ave
Kalamazoo, MI 49006
Retail Property For Sale
Investment Highlights
- 4 parcels
- Investment Property
- Close to WMU
Executive Summary
INVESTMENT: This confidential investment opportunity features a 7,200 SF retail building situated on 2.7 acres and 100% leased to an established cannabis retailer. With approximately nine years remaining on the current lease, the property offers long-term, stable cash flow in a strong retail corridor serving the west side of Kalamazoo, including the nearby Western Michigan University market. An executed Non-Disclosure Agreement (NDA) is required prior to the release of the investment package, lease, and additional property information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,400 SF
Building Class
C
Year Built
1973
Price
$749,000
Price Per SF
$101.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.71 AC
Zoning
CC - Commercial
Parking
124 Spaces (16.76 Spaces per 1,000 SF Leased)
Frontage
150’ on Kl Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 06-19-357-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $417,400 |
Property Taxes
Parcel Number
06-19-357-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$417,400
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