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Home500 E Butler Court, Kalamazoo, MI 49007 (MLS#...
$1,900,000
500 E Butler Court
Kalamazoo, MI 49007
MLS# 24022482
13020 sqft
500 E Butler Court, Kalamazoo, MI 49007
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500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007 500 E Butler Court, Kalamazoo, MI 49007

Property Description
Fully Leased Investment Offering now Available. Located in the heart of River's Edge, Kalamazoo's best Live, Work, Play, Eat, and Shop area is the Norbridge Building. This architecturally unique facility, built in 2014, offers the discerning investor five highly desirable apartments and 8,474 square feet of leased office space. The commercial Tenant has extended through July of 2028. The office suite is the definition of ''cool,'' with an industrial feel, and is designed for Tenants seeking a collaborative work environment yet offering great options to a hybrid workforce. The office space consists of an open floorplan encompassing three floors centered around the open stairwell, which provides: • Conference rooms. • Private meeting rooms. • An open kitchen area.

Details
Maps
Location & Property Info
County: Kalamazoo
Street #: 500
Street Direction: E
Street Name: Butler
Suffix: Court
State: MI
Zip Code: 49007
Zip (4): 3602
Cross Streets: Harrison St & Walbridge St
Property Sub-Type: Office
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Status: Active
Current Price: $1,900,000
List Price: $1,900,000
Auction or For Sale: For Sale
List Price/SqFt: 145.93
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-05-06
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.65
Lot Square Footage: 28314
Lot Dimensions: 100 x 150
Year Built: 2014
Road Frontage: 1
Total # Units: 1
# Fin Bldg Lvls: 3
Total # Bldgs: 1
Total SqFt: 13020
Total Net SqFt: 13020
Full Baths: 8
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-15-268-202
Taxable Value: 506224
SEV: 984700
For Tax Year: 2022
Annual Property Tax: 31621
Tax Year: 2022
Spec Assessment & Type: None Known
Zoning: CMU
Remarks & Misc
Legal: On File
Directions: North of E Michigan Ave down Walbridge St, across the street from Louie's
Additional Details
Passenger Elevators: 1
Property Features
Uses: Professional/Office
Business Includes: Other
Construction Type: Block
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional; Other
Sale Conditions: None
Supplements
" An outdoor deck overlooking the River's Edge District. The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outré, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown. Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent.

Listing Office: Jaqua, REALTORS Commercial

Listing Agent: Marc Tourangeau

Last Updated: May - 08 - 2024

500 E Butler Court, Kalamazoo, MI 49007 - MLS# 24022482
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.

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