Skip To Content

533 Whitcomb Street

Kalamazoo, MI 49008
  • $565,000
  • STATUS: Active
  • ON SITE: 206 Days
  • MLS #: 21015294
UPDATED: 45 min ago
$565,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 11,316
    SQFT
  • $50
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1961
County:

School Ratings & Info

School District:

Description

Fully leased Investment Property, with several long-term tenants.This three level, six (6) unit office building has been with the same owner since it was built, in 1961, for their Corporate Headquarters. This two story building, has walk-out to front door parking. The building, totaling 11,316 SF, is built with solid construction, has one overhead door for deliveries, storage space in basement for tenants.The building is in a quiet location, yet very convenient being just off Westnedge Avenue and adjacent to Walgreens. Most leases have renewal options with annual increases, however, still will be at continued competitively below market rental rates. Therefore, this investment should competitively stay stable with long-term full occupancy.

Monthly Payment Calculator

© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-11-27T00:00:00.777.
www.c21choward.com/homes/116740083
Print Image

533 Whitcomb Street Kalamazoo, MI 49008

  • Price: $565,000
  • Status: Active
  • On Site: 206 Days
  • Updated: 45 min ago
  • MLS #: 21015294
0
Beds
6
Baths
0
½ Baths
0.47
Acres
11,316
SQFT
$50
$/SQFT
1961
Built
Neighborhood:
Kalamazoo City
County:
Kalamazoo
Area:
Westnedge Hill
School District:
Kalamazoo
Property Description
Fully leased Investment Property, with several long-term tenants.This three level, six (6) unit office building has been with the same owner since it was built, in 1961, for their Corporate Headquarters. This two story building, has walk-out to front door parking. The building, totaling 11,316 SF, is built with solid construction, has one overhead door for deliveries, storage space in basement for tenants.The building is in a quiet location, yet very convenient being just off Westnedge Avenue and adjacent to Walgreens. Most leases have renewal options with annual increases, however, still will be at continued competitively below market rental rates. Therefore, this investment should competitively stay stable with long-term full occupancy.
Exterior Features

Construction Type Concrete Driveway Paved Exterior Material BrickStone Finished Building Levels 2.00 Ground Level Overhead Doors 1 Lot Dimensions 125' X 165' Number Of Buildings 1.00 Road Frontage 125.00 Street Type PavedPublic Waterfront No

Interior Features

Air Conditioning Central Air Heat Source Natural Gas Heat Type Forced Air Interior Features Bath Common Area Sq Ft Total 11316.00 Tot Bldg Office Sq Ft 11316.00

Property Features

Annual Property Tax 9422.66 Association Greater Kalamazoo Association Of Realtors Auction Or For Sale For Sale Business Includes Non-Applicable Commercial Type Office Homestead Percentage 0.00 New Construction No Sale Conditions None Sewer Public Tax Year 2020 Terms Available Conventional Uses Professional/Office Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Utilities Attached ElectricNatural GasTelephone Water Public Zoning Cc

Listing provided courtesy of Jeff Chrystal of Kalamazoo Commercial Real Estate. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-11-27T00:00:00.777.
 
https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_21015294-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_21015294-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_21015294-2.jpg
Logo
CENTURY 21 C. Howard
10993 M 43
Richland MI, 49083