$4,100,000
MLS# 25002919
129780 sqft
1 / 32
Property Description
This prime asset is located one building from the corner of Rose Street and Michigan Avenue (Kalamazoo's Main & Main). Numerous downtown amenities are within walking distance from the building, including restaurants, libraries, hotels, higher-education campuses, and Kalamazoo's Entertainment District. A new downtown arena is under construction two blocks to the north. The layout and location of this building leaves it prime for a repositioning play incorporating residential housing. The building's elevator banks, stairs, and common-area bathrooms are all located in the central core of the building, leaving ample window space available for views and natural light. The building features 20' column spacing, high ceilings, and approximately 14,000 square feet of floorplates.
Details
Location Property Info
County: Kalamazoo
State: MI
Zip Code: 49007
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $4,100,000
List Price: $4,100,000
Listing Date: 2025-01-24
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.78
Lot Square Footage: 33977
Lot Dimensions: 215' x 157'
Year Built: 1970
Road Frontage: 215
Total # Units: 1
# Fin Bldg Lvls: 10
Total # Bldgs: 1
Total SqFt: 129780
Full Baths: 20
Waterfront: No
School District: Kalamazoo
Tax Info
Taxable Value: 2912686
SEV: 3904500
For Tax Year: 2024
Seller's Annual Property Tax: 207367
Tax Year: 2024
Spec Assessment & Type: None known
Remarks Misc
Directions: Heading into downtown on AmVets Parkway, turn right onto S Rose St, second building on the left
Additional Details
Passenger Elevators: 4
Property Features
Uses: Other
Business Includes: Non-Applicable
Construction Type: Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: 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: Steam
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Supplements
The building offers views of Bronson Park to the West, and the Eastern view showcases the outdoor Kalamazoo Mall. The asset has several long-term office tenants, which provides stable cash flow while the asset is repositioned. There are also three vacant floors ready for construction.
Listing Office: Jaqua, REALTORS Commercial
Listing Agent: Marc Tourangeau
Last Updated: June - 17 - 2025
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