401 E Michigan Avenue, Kalamazoo, MI 49007 (MLS# 22016380)


$3,500,000
401 E Michigan Avenue
Kalamazoo, MI 49007
MLS# 22016380
Status: Sold
36891 sqft


Primary Photo - 401 E Michigan Ave, Kala
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Primary Photo - 401 E Michigan Ave, Kala

Property Description
AVAILABLE FOR SALE: 36,891 SF, 3-story office/retail building in downtown Kalamazoo. This well-appointed, Class A building, which underwent a historic $11M restoration in 2007, offers 17,185 SF of traditional and loft-style office space and 15,903 SF of the former Food Dance restaurant, cafe´, market and catering space. Additional amenities include roof-top deck, security cameras, key card access and standby generator. Site offers monument and building signage, rear parking and adjacent leased parking for tenants. Co-tenants include Inform Architecture and Easy on Hold - with additional square footage for your business. Zoned Downtown District D-3 in the City of Kalamazoo and located in a Michigan Opportunity Zone.

Details
Location & Property Info
Cross Streets: Pitcher St. & Kalamazoo Ave.
Property Sub-Type: Office
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 94.87
Prop Avail for Lease?: No
Current Bldg Use: Former Food Dance Building
General Property Info
New Construction: No
Lot Dimensions: 99 x 330
Road Frontage: 99
Waterfront: No
Total # Units: 1
Total # Bldgs: 2
# Fin Bldg Lvls: 3
Total SqFt: 36891
Total Net SqFt: 36891
School District: Kalamazoo
Lot Measurement: Acres
Lot Acres: 0.75
Lot Square Footage: 32670
Year Built: 1888
Tax Info
Taxable Value: 1501372
SEV: 2035700
For Tax Year: 2021
Seller's Annual Property Tax: 106785
Tax Year: 2021
Homestead %: 0
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: DD D-3
Tax ID #: 06-15-415-200
Remarks & Misc
Public Remarks: AVAILABLE FOR SALE: 36,891 SF, 3-story office/retail building in downtown Kalamazoo. This well-appointed, Class A building, which underwent a historic $11M restoration in 2007, offers 17,185 SF of traditional and loft-style office space and 15,903 SF of the former Food Dance restaurant, cafe´, market and catering space. Additional amenities include roof-top deck, security cameras, key card access and standby generator. Site offers monument and building signage, rear parking and adjacent leased parking for tenants. Co-tenants include Inform Architecture and Easy on Hold - with additional square footage for your business. Zoned Downtown District D-3 in the City of Kalamazoo and located in a Michigan Opportunity Zone.
Legal: ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO, Liber 6 of Plats Page 8 Lot 118. Also Lot 265
Status Change Info
Sold Price/SqFt: 94.87
Under Contract Date: 2022-05-03
Sold Date: 2022-07-14
Sold Price: $3,500,000
Additional Details
Total Parking Spaces: 36
Passenger Elevators: 2
Street Type
Paved: 1
Public: 1
SqFt Information
Security System: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Institutional: 1
Professional/Office: 1
Restaurant: 1
Construction Type
Frame/Wood: 1
Steel: 1
Exterior Material
Brick: 1
Stone: 1
Other: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Heat Type
Hot Water: 1
Air Conditioning
Chiller System: 1
Business Includes
Non-Applicable: 1
Additional Features
Fire Sprinkler: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Driveway
Asphalt: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 401
Street Direction: E
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49007
Zip (4): 5839
OfficeContract Info
Status: Sold
Current Price: $3,500,000
List Price: $3,500,000
Listing Date: 2022-04-01
Remarks Misc
Directions: Northeast corner of E. Michigan Avenue and Pitcher Street in downtown Kalamazoo.
Property Features
SqFt Information: Security System
Uses: Institutional; Professional/Office; Restaurant
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Frame/Wood; Steel
Exterior Material: Brick; Stone; Other
Roofing: Rubber
Below Grade: Basement
Additional Features: Fire Sprinkler
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; Storm Sewer
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Chiller System
Driveway: Asphalt
Street Type: Paved; Public
Purchase Terms Avail: Cash
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Possession: Close Of Escrow

IDX
Listing Office: NAI Wisinski of West Michigan
Listing Agent: Jodi K Milks
Source MLS Verified

Last Updated: July - 14 - 2022

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.