6018 Michigan AveKalamazoo, MI 49048

This exceptional investment opportunity presents a 6,068-square-foot flex industrial building situated on a 0.51-acre lot in Kalamazoo, Michigan. Located at 6018 E Michigan Ave, 49048, this single-story, 1949-built structure boasts a 9-foot ceiling height and is currently 100% occupied by two tenants. The property features a prominent dance studio in the front retail space and a well-established vending business in the rear industrial space. The dance studio has been operating for over six years, while the vending business has thrived for over a decade, ensuring a stable income stream. The building benefits from recently installed HVAC units, enhancing efficiency and comfort. The property is zoned for commercial use and offers a gross lease structure with no tenant credit rating available. The asking price is $225,000, representing a price per square foot of $37.08. The property includes two units, each priced at $112,500. The building has no loading docks. This is an ideal addition to any investment portfolio, offering a strong return on investment with established, long-term tenants. The property's APN is 07-20-105-010. Lease commencement is January 1st, 2024. The building has a partial basement.