1102 Burdick StKalamazoo, MI 49001

For Sale
$375,000 View listing
  • Commercial real estate
  • 1,200 SF

Property Details for 1102 Burdick St

Lot size
0.86 AC
Property size (Sq ft)
1,200 SF
Zone code
RM-36
Property type
Commercial real estate
APN
06-15-131-001
APU
615131001

Description

This exceptional investment opportunity presents a prime Kalamazoo industrial property ideally suited for a cannabis dispensary. The sale includes three adjacent lots totaling 0.17 acres, offering significant expansion potential. The main property, located at 1102 S Burdick, Kalamazoo, MI, is currently licensed for cannabis dispensary operations. The included parcels are 1102 S Burdick, 1106 S Burdick, and 107 Wall St, with corresponding parcel numbers 06-22-326-006, 06-22-326-007, and 06-22-326-005 respectively. This strategic location provides immediate access to a thriving market, making it an attractive proposition for established businesses or new ventures in the cannabis industry. The combined land area offers flexibility for various operational needs, from expanding existing facilities to developing additional structures. The property's current licensing status streamlines the setup process for prospective buyers, significantly reducing time and administrative hurdles. This turnkey solution presents a rare opportunity to acquire a fully operational and licensed cannabis dispensary with substantial expansion potential in a high-demand market. The asking price for this exceptional property is $375,000. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $176,288
    Hospitality
    $161,479
    Educational
    $134,349
    Medical
    $138,969
    Retail
    $208,987
1102 Burdick St, Kalamazoo, Michigan

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.302
Longitude
-85.5831
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
-
-
-
-
-
-
-

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