326 W Kalamazoo Avenue, Kalamazoo, MI 49007 (MLS# 14054697)

326 W Kalamazoo Avenue, Kalamazoo, MI 49007

$1,300,000

Property Type: Commercial Sale Square Footage: 292,492 Lot Size (sq. ft.): 229,997 Status: Sold

Current Price: $1,300,000 List Date: 9/25/2014 Last Modified: 11/05/2021

Overview

Description

Park Trades Center building is about 158,000 SF w/120 tenants. Tenants are artisans. Building pays all utilities; there are a few tenants that are separately metered. There is somewhat limited parking. Total of four floors plus basement offer a variety of spaces to woodworkers, artists, clay, and glass blowing. This bldg is 95% occupied. Kalamazoo Enterprise Center is approximately 135,000 SF. Former Gibson Guitar Plant and 30 years ago was converted to multi-tenant industrial. Tenants are a mix of small to medium size companies. All docks and grade level doors are common area. Tenants share the use of fork lifts, scissor lifts and a variety of specialized equipment. For the bulk of the building, utilities are provided in rent. This bldg has around 40 tenants with one larger vacancy.

Listing Details MLS# 14054697

Location Property Info

County: Kalamazoo
Street #: 326
Street Direction: W
Street Name: Kalamazoo
Suffix: Avenue
State: MI
Zip Code: 49007

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 5.28
Lot Square Footage: 229996.8
Lot Dimensions: TBD
Year Built: 1914
Road Frontage: Yes
Total # Units: 2
# Fin Bldg Lvls: 4
Total # Bldgs: 2
Total SqFt: 292492
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 0615308005
Taxable Value: 379244
SEV: 865800
For Tax Year: 2014
Seller's Annual Property Tax: 27241
Tax Year: 2013
Spec Assessment & Type: None known
Zoning: M-1
Homestead %: 0

Remarks Misc

Directions: 326 W. Kalamazoo Avenue - West on Kalamazoo Avenue building is located on the corner of Kalamazoo Avenue and Park Street. 225 Parsons Street - North on Burdick Street, east on Parsons Street building is located on the corner of north Edwards Street and Parsons Street.

Status Change Info

Under Contract Date: 2014-12-04
Sold Date: 2014-12-31
Sold Price/SqFt: 4.44

More Information

Additional Details

# Loading Docks/Well: 5
Grd Lvl OH Doors: 4
# Freight Elevators: 3

Location & Property Info

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

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 6.84
Prop Avail for Lease?: No
Current Bldg Use: Multi-Tenant

Remarks & Misc

Legal: Attached

Street Type

Paved: Yes
Public: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Distribution: Yes
Manufacturing: Yes
Storage: Yes
Other: Yes

Construction Type

Block: Yes

Exterior Material

Block: Yes
Brick: Yes
Stone: Yes

Roofing

Stone: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

Other: Yes

Ownership

Other: Yes

Below Grade

Partial: Yes

Heat Type

Forced Air: Yes
Space Heater: Yes
Steam: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Business Includes

Furniture: Yes
Other: Yes

Additional Features

Bath Common Area: Yes
Multi User Facility: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes

Driveway

Shared Paved: Yes

Send to Econ Dev Org

MEDC: Yes
SWMI First, Region 5: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Uses: Distribution; Manufacturing; Storage; Other Ownership: Other Business Includes: Furniture; Other Construction Type: Block Exterior Material: Block; Brick; Stone Roofing: Stone Below Grade: Partial Additional Features: Bath Common Area; Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air; Space Heater; Steam Air Conditioning: Central Air; Window Unit(s) Driveway: Shared Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: Other Send to Econ Dev Org: MEDC; SWMI First, Region 5

Documents

Legal Description ›

Listing Office: Signature Associates Kalamazoo

Listing Agent: Ted Vliek

Last Updated: November - 05 - 2021

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.