417 Forest St
Kalamazoo, MI 49001
Office Property For Sale
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INVESTMENT HIGHLIGHTS
- Coinvent to downtown Kalamazoo, I-94 & Portage
- zoned mixed use commercial/residential uses
- Recently renovated, updated mechanicals & wiring
EXECUTIVE SUMMARY
417 Forest Street in Kalamazoo is a 5,422 SF Office building available for sale and lease. Recently renovated with loads of parking. Zoned for mixed use with potential for commercial/residential uses. Conveniently located close to downtown and minutes from Portage, Interstate-94 and 131. Huge Lot with development potential. Updated mechanicals and wiring. Basement also provides lots of storage. 50 parking spaces. Occupancy is flexible.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,422 SF
Building Class
B
Year Built/Renovated
1965/2014
Price
$299,900
Price Per SF
$55
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,711 SF
Building FAR
0.12
Lot Size
1.02 AC
Zoning
CO - General Office
Parking
35 Spaces (6.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 06-22-321-010 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $83,700 |