This industrial investment property is a perfect opportunity for an investor looking for an affordable priced, 100% occupied property to start or add to their portfolio. This 6,068 SF building is complete with a partial basement and boasts two well-established tenants. The property is home to a prominent local Dance Studio in the front retail space and a thriving Vending business in the rear industrial space. The Dance Studio has been a fixture for over 6 years, while the Advantage Vending business have been successfully operating for over a decade. Recent installation of new mechanical HVAC units ensures efficient operation in this well-insulated structure.
Mls | 24011812 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1949 |
Days On Site | 273 |
Listing Provided By | Kalamazoo Commercial Real Estate | Jeff Chrystal |
Baths | 3 Total |
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Sq Feet | 6,068 |
Storys | 1 |
Units | 2 |
Buildings | 1 |
Acreage | 0.51 |
State | MI |
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County | Kalamazoo |
City | Kalamazoo |
Zip Code | 49048 |
Area | Greater Kalamazoo K |
Subarea | K |
School District | Comstock |
Listing VS Median (in 49048) | |
Price: $225,000 low | high Med: $147,000 SqFt: 6,068 low | high Med: 1,082 $ / SqFt: $37 low | high Med: $136 On Site: 273 low | high Med: 26 |