711 W Michigan Avenue, Kalamazoo, MI 49007 (MLS# 21112386)

711 W Michigan Avenue, Kalamazoo, MI 49007

$1,200,000

Property Type: Commercial Sale Square Footage: 7,708 Lot Size (sq. ft.): 39,640 Status: Sold

Current Price: $1,200,000 List Date: 10/26/2021 Last Modified: 10/26/2021

Overview

Description

COMP ONLY. RUGGER'S UP & UNDER has been a top destination for fun in Downtown Kalamazoo since 1994. The property is well situated within 1/4 Mile from Western Michigan University, Kalamazoo College, Kalamazoo Valley Community College, and the city's Central Business District. The property features over 7,700 SF of entertainment space with 102 beer taps, full kitchen, outdoor patio, and is located on just under an acre, with 74 on-site parking spaces. The offering includes the Business, FF&E, and the Real Estate. The liquor license (Class C) and liquor inventory is available separately. Offers will be considered exclusively through Kalamazoo Commercial Real Estate. Please do not contact or approach the owner or employees about this offering.

Listing Details MLS# 21112386

Location Property Info

County: Kalamazoo
Street #: 711
Street Direction: W
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49007
Zip (4): 4518

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.91
Lot Square Footage: 39640
Lot Dimensions: 271 x 141
Year Built: 1970
Road Frontage: 280
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
Total SqFt: 7708
Full Baths: 4
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-16-481-100
Taxable Value: 547350
SEV: 693300
For Tax Year: 2021
Seller's Annual Property Tax: 38201
Tax Year: 2021
Spec Assessment & Type: None known.
Non-Conforming Use: No
Homestead %: 0

Remarks Misc

Directions: S Westnedge Ave, West on Academy St. Property is on the north side of road.

Status Change Info

Under Contract Date: 2021-07-01
Sold Date: 2021-07-27
Sold Price/SqFt: 155.68

More Information

Additional Details

Total Parking Spaces: 74

Location & Property Info

Cross Streets: W Michigan & Allen
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 155.68
Prop Avail for Lease?: No
Current Bldg Use: Bar/Restaurant/Nightclub

Remarks & Misc

Legal: On file

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes
Investment: Yes

Utilities Attached

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

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Bar/Tavern/Lounge: Yes
Restaurant: Yes

Construction Type

Block: Yes

Roofing

Metal: Yes
Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Below Grade

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Docs at List Office

Aerial Photo: Yes
Traffic Study: Yes

Business Includes

Equipment: Yes
Furniture: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes

Driveway

Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Property Use: Business; Investment Uses: Bar/Tavern/Lounge; Restaurant Business Includes: Equipment; Furniture Construction Type: Block Roofing: Metal; Rubber Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Traffic Study Sale Conditions: None

Listing Office: Kalamazoo Commercial Real Estate

Listing Agent: TJ Ward

Last Updated: October - 26 - 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.