$700,000
Schoolcraft, MI 49087
MLS# 25056505
4 beds | 2 baths | 1792 sqft
1 / 31
Property Description
Very unique property located in the Village of Schoolcraft. Zoned B2 General Business District. Located along US-131 with great exposure for your dream business. There is a 1,792 SF House with several recent updates. A 2214 SF building that is currently being used as a rental hall, with kitchen , men's and women's bathrooms, rear covered patio. The B2 zoning allows for several business types. Check with the Village for conforming uses. Offering Includes a 157'X495' - 1.79 Acre vacant property bordering the Southern property line. Tax ID#14-19-255-039.That shares the same B2 Zoning. Great opportunity to build an additional business, or expansion of current business. BONUS: MDOT installed an entry from the highway onto the vacant property when they resurfaced the highway in 2024. NOTE: The water for the house is serviced by a private well, but can be hooked up to Village water as the main line runs along the front of the property. The rental hall is already connected to Village water
Details
Location & Property Info
Cross Streets: South Street & XY Ave.
Property Sub-Type: Single Family Residence
Area: Greater Kalamazoo - K
Municipality: Schoolcraft Vllg
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 390.63
General Property Info
New Construction: No
Lot Dimensions: 333’X495”
Road Frontage: 333
Garage Y/N: Yes
Garage Spaces: 2
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 8
Total Fin SqFt All Levels: 1792
SqFt Above Grade: 1792
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 1056
Building Total SqFt: 1792
Total Beds Above Grade: 4
Main Level Primary: Yes
Stories: 2
School District: Schoolcraft
Association YN: No
Lot Measurement: Acres
Lot Acres: 3.78
Lot Square Footage: 164657
Year Built: 1880
Total Bedrooms: 4
Full Baths: 1
Half Baths: 1
Total Baths: 2
Tax Info
Taxable Value: 161585
SEV: 184000
For Tax Year: 2025
Seller's Annual Property Tax: 7867.05
Tax Year: 2025
Homestead %: 20
Spec Assessment & Type: None
Zoning: B2
Tax ID #: 14-19-255-031
Remarks & Misc
Public Remarks: Very unique property located in the Village of Schoolcraft. Zoned B2 General Business District. Located along US-131 with great exposure for your dream business. There is a 1,792 SF House with several recent updates. A 2214 SF building that is currently being used as a rental hall, with kitchen , men's and women's bathrooms, rear covered patio. The B2 zoning allows for several business types. Check with the Village for conforming uses.
Offering Includes a 157'X495' - 1.79 Acre vacant property bordering the Southern property line. Tax ID#14-19-255-039.That shares the same B2 Zoning. Great opportunity to build an additional business, or expansion of current business. BONUS: MDOT installed an entry from the highway onto the vacant property when they resurfaced the highway in 2024. NOTE: The water for the house is serviced by a private well, but can be hooked up to Village water as the main line runs along the front of the property. The rental hall is already connected to Village water
Legal: VILLAGE OF SCHOOLCRAFT UNPLATTED BEG ON N&S1/4 LI 6 CH & 90 LKS S OF A PT 2 R SLY A S MEAS AT RT ANG TO CTR LI GTRR ROW TH W 30 R TH S 20 R 3 FT TH E 30 R TO SD N&S1/ 4 LI TH N THEREON 20 R 3 FT TO BEG EXC S 157.55 FT THEREOF** SPLIT/COMBINED ON 02/18/2012 FROM 14-19-255-030;
Street Type
Paved: 1
Public: 1
Sewer
Septic Tank: 1
Water
Public: 1
Well: 1
Terms Available
Cash: 1
Conventional: 1
Land Contract: 1
Land Contract Down Payment: 465000
Land Contract Interest Rate: 8%
Laundry Features
Laundry Room: 1
Exterior Material
Vinyl Siding: 1
Parking Features
Detached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Level Square Feet: 1056
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Full Baths: 1
Main Half Baths: 1
Main Level SQFT: 1792
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 1056
Driveway
Asphalt: 1
Paved: 1
Substructure
Michigan Basement: 1
Architectural Style
Traditional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 560
Street Direction: S
Street Name: Grand
Suffix: Street
State: MI
Zip Code: 49087
Zip (4): 49087
OfficeContract Info
Status: Active
List Price: $700,000
Current Price: $700,000
Listing Date: 2025-11-04
Remarks Misc
Directions: Grand St./US-131 South to property 2nd property past RR tracks West side of road.
Property Features
Laundry Features: Laundry Room
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Sewer: Septic Tank
Water: Public; Well
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Parking Features: Detached
Architectural Style: Traditional
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: L. M. Angell, Co.
Listing Agent: Terry A Yax
Last Updated: November - 10 - 2026
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