Listing ID22012040
Sold For$2,900,000
StatusClosed
Sold Date8/02/2023
Acres
14.400
CountyKalamazoo
Year Built1988
Property TypeCommercial Sale
Property Sub TypeIndustrial
INVESTMENT OPPORTUNITY: 56,370 SF light-industrial/warehouse facility on 14.40-acre parcel with 7+/- acres available for future development or expansion on Kalamazoo's west side. Constructed in 1988, with 1998 and 1999 additions, this steel-framed building offers 4,704 SF of office space and 51,666 SF of warehouse space with 16' – 22' ceilings, poured concrete floors with a guided rail system for transferring heavy loads between docks, high-efficient fluorescent lighting, fire suppression system, high-powered ventilation system, 9 leveling loading docks and 1 wash bay w/overhead door. Site offers 1 access drive, monument signage, 66 parking spaces and 6 box truck parking spaces. Property is located adjacent to the Oshtemo Business Park, with easy access to I-94 and US-131. Zoned I-R: Industrial District, Restricted in Oshtemo Township. Currently leased by long-term tenant, CORT Business Services Corporation, who is owned by Fortune 500 Company Berkshire Hathaway Company, through 7/31/27.
County
Kalamazoo
Price Before Reduction
3200000
Price Reduction Date
2023-04-24T15:11:58+00:00
Property Sub Type
Industrial
Property Type
Commercial Sale
Year Built
1988
Basement
None
Building Features
Expandable, Fire Sprinkler
Fireplaces Total
3
Heating
yes
Heating Type
Natural Gas, Forced Air
Attached Garage
no
Construction Materials
Metal Siding
Foundation Details
Slab
Lot Size Area
14.4
Lot Size Square Feet
627264
Lot Size Units
Acres
New Construction
no
Number Of Buildings
3
Number Of Units Total
1
Parking Features
Asphalt, Driveway, Paved
Parking Total
72
Roof
Metal
Sewer
Public Sewer
Utilities
Telephone, Cable Connected, Public Water, Public Sewer, Broadband, Natural Gas Connected, Electricity Available, Natural Gas Available
Water Source
Public
Directions
Located on S. 9th Street, between Stadium Drive and West N Avenue.
High School District
Kalamazoo
MLS Area Major
Greater Kalamazoo - K
MLS Area Minor
Greater Kalamazoo - K
Waterfront
no
Zoning Description
I-R
Business Type
Distribution, Manufacturing
Documents Available
Legal Description
Mls Status
Sold
Inclusions
1
Lease Considered
no
Listing Terms
Cash
Ownership Type
Other, LLC
Tax Annual Amount
38206
Tax Assessed Value
633000
Listing courtesy of Jodi K Milks - NAI Wisinski of West Michigan
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2024 MichRIC, LLC. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Capstone Real Estate, LLC directly for additional information pertaining to the status and availability of properties displayed on this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated Friday, March 29th, 2024.
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2024 MichRIC, LLC. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Capstone Real Estate, LLC directly for additional information pertaining to the status and availability of properties displayed on this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated Friday, March 29th, 2024.
Data services provided by IDX Broker