225 W Walnut St | Kalamazoo, MI 49007
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225 W Walnut St
Kalamazoo, MI 49007
Office Property For Sale
Investment Highlights
- Beautiful building offered in Downtown Kalamazoo
- Conveniently located and within walking distance of Downtown
- Old world charm with updated amenities
- Plenty of on site parking and street parking is available
Executive Summary
Beautiful building with updated amenities, but old world charm. Multi-tenanted building with 6-8 individual offices/suites. The building is
currently occupied by massage therapists and counseling services. Very quiet atmosphere for this type of use. The building is located downtown with easy access to restaurants and shopping. Convenient circular driveway for ingress/egress and on site parking. Nice signage in front of building for signage. Shared common area kitchen and restrooms. Most tenants are month-to-month for owner occupant.
currently occupied by massage therapists and counseling services. Very quiet atmosphere for this type of use. The building is located downtown with easy access to restaurants and shopping. Convenient circular driveway for ingress/egress and on site parking. Nice signage in front of building for signage. Shared common area kitchen and restrooms. Most tenants are month-to-month for owner occupant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,120 SF
Building Class
C
Year Built
1885
Price
£269,639
Price Per SF
£65
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,060 SF
Slab to Slab
10 ft
Building FAR
0.34
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
RM
Parking
8 Spaces (1.94 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 06-22-118-036 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £79,372 |
PROPERTY TAXES
Parcel Number
06-22-118-036
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£79,372
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