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
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.
More Information 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
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $1,200,000
List Price: $1,200,000
Listing Date: 2021-01-01
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: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
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
Annual Property Tax: 38201
Tax Year: 2021
Spec Assessment & Type: None known.
Non-Conforming Use: No
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: $1,200,000
Sold Price/SqFt: 155.68
Additional Details
Total Parking Spaces: 74
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: Broadband; Cable Available; Electricity Available; 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
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