417 Forest StKalamazoo, MI 49001
- Commercial real estate
- 0.67 AC
Property Details for 417 Forest St
- Lot size
- 0.67 AC
- Zone code
- CO
- Property type
- Commercial real estate
- APN
- 06-22-321-010
- APU
- 622321010
Description
This 3,511 square foot industrial property, located at 417 Forest Avenue in Kalamazoo, Michigan, presents a unique investment opportunity. The building boasts recently renovated office space, ideal for a variety of commercial uses. The property sits on a sizable 1.02-acre lot, offering significant development potential given its mixed-use zoning, allowing for both commercial and residential possibilities. The convenient location is a key advantage, situated in Midtown Kalamazoo, just minutes from downtown, Portage, and major highways I-94 and 131. Ample parking is available on-site. The building features updated mechanical systems and wiring, ensuring efficient and modern operation. A sizable basement provides substantial storage space. The flexible occupancy terms offer adaptability for various business needs. This property is an excellent choice for businesses seeking a well-maintained space with significant expansion possibilities in a prime Kalamazoo location. The combination of renovated interior, large lot size, and strategic location makes this an attractive investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,287,483
- Hospitality
- $3,927,312
- Educational
- $3,267,477
- Medical
- $3,379,851
- Retail
- $5,082,742
Location Insight
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Latitude
- 42.2784
- Longitude
- -85.5881
- CBSA code
- 28020
- CBSA name
- KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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