232 E Michigan Avenue

Kalamazoo, Michigan 49007

  • 1 Bed(s)
  • 2 Bath(s)
  • 3,240 Sqft
  • 0.04
    Acre(Lot)
$775,000

Description

Welcome to this prime mixed-use property offering a unique blend of commercial space and modern living. the first floor features a thriving commercial space leased for the past six years to a successful pizza shop, benefiting from high foot traffic on michigan avenue. nestled between green top tavern and the kalamazoo mall, it's situated in the heart of downtown kalamazoo, an area experiencing a resurgence. blocks away from the kalamazoo event center, a $300m construction project that will play home to wmu basketball and hockey teams along with the kalamazoo wings. the property backs onto bates alley, renowned for its vibrant nightlife, enhancing its attractiveness to future tenants. the second floor boasts high ceilings and exposed brick walls adding character and appeal. it is comprised of two spacious residential units, a 1010 sq ft, 1 bedroom loft apt with a full bathroom and the second an 805 sq ft, studio apt with a full bathroom. the apartments underwent a generational renovation five years ago. modern amenities in each unit include new finishes, windows, on-demand tankless water heater, in-unit washer/dryer, dishwasher, and stainless steel appliances. hvac system last serviced and air ducts cleaned spring 2025. an agreement is in place for parking in the portage st. lot behind the building. this investment opportunity combines cash flow from rented units with commercial viability, set against a rich historical backdrop. don't miss your chance to own a property in kalamazoo's growing downtown scene. leases and detailed financials are available for review upon request with a confidentiality agreement submitted. video tour available if needed. please contact yousif for additional information or with any questions.

  • Property Type

    Multifamily

  • County

    Kalamazoo

  • Style

    Common Entry Building,Duplex,Loft

  • AD ID

    49252724

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1977
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Common Entry Building,Duplex,Loft

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.04
    • Dimensions: 20X85

    Property Information

    • SQ ft: 3240
    • Subdivision: ORIGINAL PLAT - CITY OF KALAMAZOO
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $775,000

    Listing Information

    • Possession: At Close
    • Legal Description: 288 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO, Liber 6 of Plats Page 8; THAT PART OF SWLY 20FT OF NELY 21.25FT OF LOT 99 N OF BATES ALLEY. PA 255 8780042

  • Tax Information

    • Parcel Number: 0615378198

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: 288 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO, Liber 6 of Plats Page 8; THAT PART OF SWLY 20FT OF NELY 21.25FT OF LOT 99 N OF BATES ALLEY. PA 255 8780042

  • Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/25/2025 @ 16:21

  • MLS: 625024671
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 1 bedrooms which is for sale, it has 3,240 sqft, 0 sized lot, and Off Site,Paved parking. are nearby neighborhoods.