This 15-story, Class A office building, constructed in 1929 and renovated in 2012, offers 77,284 square feet of versatile space in downtown Kalamazoo. Located at 136 E Michigan Avenue, near Farmers Alley, this historic mixed-use building boasts a prime location, steps from the Kalamazoo Mall and its vibrant amenities. Suites range from 923 to 5,256 square feet, catering to businesses of all sizes. The building features efficient floorplates, redundant fiber optics, access control, operable windows, and zoned HVAC systems. On-site property management provides premium service and in-house construction/design services are available to customize spaces. The building's central location offers easy access to US-131, I-94, the Kalamazoo/Battle Creek International Airport, and public transportation. The surrounding area offers a strong workforce, with a high percentage of college-educated residents and projected population growth. This property sits on a 7,449 square foot lot (0.17 acres) and is zoned CCBD (Commercial Central Business District) in Kalamazoo County, with a Kalamazoo County Property Number (APN) of 06-15-382-093. The building's impressive features include a light-filled lobby with natural stone, terrazzo, brass, and glass accents, and two elevators. Utilities are provided by Consumers Energy. The property tax cost per square foot is $1.74. While parking spaces are not provided on-site, convenient public transportation options are readily available.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$13,293,475
Hospitality
$12,176,751
Educational
$10,130,914
Medical
$10,479,332
Retail
$15,759,200
Location Insight
City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2914
Longitude
-85.5824
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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