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525 E Kalamazoo Ave 2,674 SF Retail Building Kalamazoo, MI 49007 $575,000 ($215.03/SF)
Investment Highlights
- Freestanding retail building building available for sale - suitable for many traditional retail users/investors.
- Located in a prime downtown Kalamazoo location, near three major colleges/universities.
- This site is situated on East Kalamazoo Avenue, which sees 17,121+ vehicles per day.
- Former operating and turnkey Provisioning Center – includes the Adult-Use license.
- The site has approximately 10 parking spaces, in addition to nearby municipal parking. Also, there is one (1) garage door in the rear of the property.
- In addition to the dense residential population, it is surrounded by a mix of national and local tenants - providing excellent exposure and traffic.
Executive Summary
Freestanding retail building building available for sale - suitable for many traditional retail users/investors. Former operating and turnkey Provisioning Center – includes the Adult Use license. Located in a prime downtown Kalamazoo location, near three major colleges/universities.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
2,674 SF
Building Class
C
Year Built/Renovated
1947/1993
Price
$575,000
Price Per SF
$215.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
CMU - Commercial
About 525 E KALAMAZOO AVE , KALAMAZOO, MI 49007
Operating Adult-Use Provisioning Center available for sale – includes the license and real estate. Located in a prime downtown Kalamazoo location, near three major colleges/universities. This freestanding building is situated on East Kalamazoo Avenue, which sees 17,121+ vehicles per day. In addition to the dense residential population, it is surrounded by a mix of national and local tenants - providing excellent exposure and traffic. Opportunity to increase sales under amplified Management and incorporating Delivery sales.
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-15-409-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $185,300 |
Property Taxes
Parcel Number
06-15-409-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$185,300
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525 E Kalamazoo Ave
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