$2,000,000
Kalamazoo, MI 49001
MLS# 20045438
Status: Sold
90182 sqft

1 / 22
Property Description
New to market - 322 Stockbridge Avenue in Kalamazoo, Michigan, and is a total of 14.054 acres. There are two buildings on-site that measure approx. 90,182 SF combined. The site is conveniently located approximately five minutes south of Downtown Kalamazoo. The 18,182 SF building is a former Kroger Grocery Store, and the larger 72,000 SF building was utilized by the State of Michigan for their Department of Human Services, which recently relocated to a new facility nearby. The larger building is in good condition & offers loading dock access. It could continue as an office building or possibly be converted back into retail (subject to zoning approvals). The space has potential to be subdivided & the owners will consider build-to suit options. Available for sale or lease.
Details
Location & Property Info
Cross Streets: Stockbridge & -
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 24.38
Prop Avail for Lease?: Yes
General Property Info
New Construction: No
Lot Dimensions: Irregular
Road Frontage: 424
Waterfront: No
Total # Units: 1
Total # Bldgs: 2
# Fin Bldg Lvls: 1
Total SqFt: 90182
Total Net SqFt: 90182
School District: Kalamazoo
Lot Measurement: Acres
Lot Acres: 14.05
Lot Square Footage: 612018
Year Built: 1962
Full Baths: 2
Tax Info
Taxable Value: 907180
SEV: 1098900
For Tax Year: 2020
Seller's Annual Property Tax: 60548
Tax Year: 2020
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: CC
Tax ID #: 39000622460001
Remarks & Misc
Public Remarks: New to market - 322 Stockbridge Avenue in Kalamazoo, Michigan, and is a total of 14.054 acres. There are two buildings on-site that measure approx. 90,182 SF combined. The site is conveniently located approximately five minutes south of Downtown Kalamazoo. The 18,182 SF building is a former Kroger Grocery Store, and the larger 72,000 SF building was utilized by the State of Michigan for their Department of Human Services, which recently relocated to a new facility nearby. The larger building is in good condition & offers loading dock access. It could continue as an office building or possibly be converted back into retail (subject to zoning approvals). The space has potential to be subdivided & the owners will consider build-to suit options. Available for sale or lease.
Legal: On file.
Status Change Info
Sold Price/SqFt: 22.18
Under Contract Date: 2021-04-05
Sold Date: 2021-09-24
Sold Price: $2,000,000
Additional Details
# Loading Docks/Well: 1
Ceiling Height: 18
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Other: 1
Construction Type
Block: 1
Frame/Wood: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Kalamazoo
Street #: 322
Street Direction: E
Street Name: Stockbridge
Suffix: Avenue
State: MI
Zip Code: 49001
OfficeContract Info
Status: Sold
Current Price: $2,000,000
List Price: $2,199,000
Listing Date: 2020-10-28
Remarks Misc
Directions: Burdick to Stockbridge. East on Stockbridge to property.
Property Features
Uses: Professional/Office; Other
Business Includes: Non-Applicable
Construction Type: Block; Frame/Wood
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; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: NAI Wisinski of West Michigan
Listing Agent: Kara Schroer

Last Updated: November - 24 - 2022
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