4625 W KL Ave

Retail-Commercial for Sale
Catylist Listing ID: 30020990
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 5,450 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Sale Price: $654,000
Unit Price: $120 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2017

Overview / Comments

Fantastic former restaurant/bar in the vibrant retail corridor of Western Michigan University Campus. Currently a fitness center and current fitness owner would sell business. Do not approach employees. Building offers unique design, could to fit many venues. Lots of window features, great signage, and attractive curb appeal and road presence. There is also plenty of on-site parking. Building usage could be adaptable to possible office and/or retail uses.
Agent Only Remarks: Do not approach employees

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $14,660 (Annual)
Assessed Value - Total($) $208,280 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 39000619356003
Zoning: CC
Retail Clientele: General, Family, Traveler, Recreation, Other
Property Located Between: Drake & Little
Side of Street: South
Road Type: Paved
Largest Nearby Street: KL Ave
Feet of Frontage: 100
Traffic/Vehicle Count: 12,192
Highway Access: US-131 or Bus. 131
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2004
Roof Type: Other
Construction/Siding: Brick, Stone, Wood Frame
Parking Type: Surface
Parking Description: On-site, Asphalt
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 100
Lot Depth: 319
Legal Description: On file in LO

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,088 69,620 147,340
Median Age: 24.66 31.33 33.85
Households: 6,042 29,119 60,129
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