4123 W Main Street - Sale

Retail-Commercial for Sale
Catylist Listing ID: 30051262
Property Subtypes: Street Retail, Other
Building Size (RSF): 26,472 SF
Gross Land Area: 7.29 Acres
Sale Price: $2,950,000
Unit Price: $111.44 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/14/2017

Overview / Comments

Prime retail/office West side redevelopment site near WMU Campus. New commercial zoning opens many opportunities and possibilities.7.29 acres, wide rectangular shape, with over 565' of West Main Road frontage and a depth of 660 feet. Adjacent to recently built Popeye's and other National Retailers. Multi-family adjacent to south, professional offices to east. The former Davenport University Classroom buildings could be utilized and are in good shape, if an immediate use was required.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Kalamazoo Township
Tax ID/APN: 390618330051
Zoning: C-2
Property Located Between: N. Sage & Waldo
Largest Nearby Street: M-43 (West Main Street)
Feet of Frontage: 565
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Ample parking.
Passenger Elevators: 1
Heat Type: Natural Gas
Air Conditioning: Other
Lot Frontage: 565
Lot Depth: 660
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 5 Parcels on file.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,280 76,619 136,935
Median Age: 29.07 30.74 33.13
Households: 7,103 31,650 55,512
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